YOUNG ADULTS NEED LIFE INSURANCE TOO A recent report has found that most young adults in the UK do not have life insurance1, even though it is one of the most important financial products that you could have. Cost-of-living crisis Over half (51%) of adults aged 18-40 admitted they [...]
PARENTS UNPROTECTED AGAINST CHILD ILLNESS Recent research has found that 52% of UK working parents do not have a financial protection policy in place which would cover them if they had to take time off work to care for an unwell child1. Who is not insured? Interestingly, nearly two [...]
DO YOU NEED A HIGHER LEVEL OF LIFE COVER? Is it time to review your life insurance policy? We understand that it might not be easy to revisit this area, but just because you purchased cover once, it doesn’t mean you no longer have to think about it. Life [...]
DON'T CANCEL YOUR PROTECTION With all the economic uncertainty, we understand that it might feel tempting to cut costs where you can by cancelling protection. But it’s more important than ever to have the appropriate cover now so you don’t pay a bigger price further down the line. More [...]
UK MORTGAGE HOLDERS FOREGOING VITAL COVER According to a recent report, over a third1 of homeowners do not have life insurance, thus potentially leaving their family in the lurch if they were to pass away. Renters are risking it even more, with only 29% of tenants saying they have [...]
LIFE COVER AND YOUR MORTGAGE - HAND IN HAND One of the financial responsibilities of homeownership is to protect yourself and your family. Life insurance and your mortgage are inseparable companions. Life insurance provides a safety net. A payout can pay off the remaining mortgage balance, ensuring that your [...]
WHY YOU SHOULDN'T CANCEL YOUR PROTECTION Research shows that a rising number of people are cancelling their protection insurance policies as the cost-of-living crisis continues to bite. According to research by Consumer Intelligence1, 8.2% of people have cancelled or reduced an insurance policy and 6.8% said they would consider [...]
THE IMPORTANCE OF PROTECTION Everybody knows that life has a funny way of turning out differently to how we expect it to. When faced with the unpredictable twists and turns of fate, it is comforting to have the support of the right protection policy for your needs. Rising bills [...]
PAYOUTS AND POLICIES RISE IN 2022 Insurers supported people experiencing bereavement, illness, or injury to the tune of £6.85bn in 2022, according to latest figures from the Association of British Insurers (ABI). Upwards trend This total includes payouts from group and individual protection policies. Individual policies paid out £4.64bn [...]
'SQUEEZED MIDDLE' FALLING SHORT ON COVER Fewer than half of households have enough life cover to protect their family, according to new research1 that reveals a worrying gap for the “squeezed middle.” While 44% of households have enough life cover to protect their family, the figures for those aged [...]
