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 [...]
LIFE INSURANCE FIRST TIMER? Getting life insurance for the first time can seem daunting. Having to think about something as significant as how your loved ones will cope financially once you are no longer here can be quite overwhelming. We’re here to help break things down and help you [...]
COULD YOU SURVIVE FINANCIALLY? Nearly half (45%) of adults between the ages of 25 and 44 who don’t have a protection policy aren’t sure they could cope financially if they were too ill to work. Worrying research from LV= suggests that a large minority of working adults could be [...]
MORTGAGE PROTECTION:PLAN FOR THE WORST, HOPE FOR THE BEST In the excitement of buying a home and being accepted for a mortgage it can be easy to dismiss what would happen if, for an unforeseen reason, you could not cover the repayments. Richard Campo runs through the protection options [...]
CHECK YOU HAVE THE RIGHT PROTECTION IN 2023 The start of a new year is an ideal time to reassess your finances. Protection should be near the top of your list in 2023. Get protected The right protection for your unique needs is an indispensable safety net against any [...]
