Is your life insured?
While the vast majority of people in the UK know fine well that life insurance could be something of a godsend for those left behind in the event of a tragedy it seems that many people still have inadequate life insurance cover in place. Those who have a mortgage in the UK will have some form of insurance attached to this mortgage which will see the outstanding balance paid off in the event that both or one of the holders was to die. However, should you have additional life insurance in place?
When you consider that the repayments on a mortgage on death will give remaining dependents a roof over their heads, additional cover would allow them to reduce their financial worries in the future. Many people also look to put in place provisions for the children in the event of their untimely death to ensure that they are "catered for" in the future. There are many different types of life insurance available and there will almost certainly be something to suit your budget and your requirements.
Don't be one of the thousands of people in the UK who put off reviewing their life insurance arrangements until it is too late!
Land Of Leather Hit With Massive Fine
In a move which is as much as shot across the bows of the sector as a direct hit at Land Of Leather, the company has been hit with a £224,000 fine for potentially mis-selling up to 58,000 cases of Payment Protection Insurance (PPI). Even though the headlines are not as bad as they seem, the underlying message is loud and clear. While the figure of 58,000 was mentioned, this is not the actuall...Read More
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Prudential admits to further delays in AIG acquisition
The reputation of the Prudential management is today in tatters with confirmation that planned stock market listings in Hong Kong and Singapore have been delayed due to concerns expressed by the Financial Services Authority [FSA] with regards to capital requirements for the enlarged group. While there are no problems with regards to Prudential itself, it is the massive changes the acquisition woul...Read More
Travel insurance advice issued for over-65s
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