Pet insurance 'crucial for vet fees'
Veterinary fees can cripple family finances unless people have adequate pet insurance, it has been claimed.Owners who do not insure their pets could face a "major problem" if treatment is needed, the British Small Animal Veterinary Association (BSAVA) has warned.The introduction of new treatments all the time means that vets' fees are now rising on an annual basis, meaning any treatment that is needed by an animal is likely to cost a significant sum of money.However, by taking out pet insurance, owners can rest assured that the cost of necessary treatment for their pet will be met and will not have to weigh up what they can afford against their animal's welfare.Mark Johnston, a spokesman for the BSAVA, explained: "Fees are going up well above inflation on an annual basis."He added: "The biggest acute costs or sudden onset costs would be some sort of major orthopaedic surgery, which can be from a road traffic accident."Mr Johnston commented that fees for X-rays and operations in such circumstances can leave owners having to pay thousands of pounds, meaning pet insurance is important to cover these hefty costs.
Private medical insurance popularity grows
According to figures from the Association of British Insurers (ABI), the number of people taking out Private Medical Insurance (PMI) has risen year-on-year for the first time in recent years.In 2006, 1,030,000 individuals took out personal PMI policies, up 1.8 per cent from the 1,012,000 personal PMI policies in 2005.The number of businesses taking out corporate PMI has increased even more than t...Read More
FTSE 100 loses 300 points since the turn of the year
Having ended 2009 on a relatively positive note, the FTSE 100 index has lost 300 points since the turn of the year and now stands at just over 5150. Serious jitters persist within the investment market regarding the UK economy and the worldwide economy and even better-than-expected unemployment figures from the US failed to get investors back onside. The next few weeks are vital for the UK econ...Read More
Couples urged to think about finances during divorce
While getting divorced can be a stressful and painful time for both parties, it is still important for the couple to think about the financial implications of their actions, it has been suggested.It has recently been reported that a former television news correspondent has ended up living rough following the loss of his job and the subsequent break-up of his marriage led him into significant finan...Read More
Northwest hit by youth unemployment
A report by the Prince's Trust has today revealed that more young people in Liverpool and Manchester are growing up in jobless households than anywhere else around the country. The figure for Liverpool and Manchester equates to one in three with a figure for the UK as a whole of one in six. The situation for the Northwest of England overall is very difficult and very challenging to say the least....Read More
DIY to make cost-cutting comeback
People worried about the value of their homes could return to doing home improvements themselves rather than paying outside labourers, a building and renovation expert has suggested. Jason Orme, editor of Homebuilding & Renovating Magazine, noted that during the ongoing credit crisis many people are not willing to pay for outside help when undertaking renovation projects. He also said that people...Read More