Insurance

/Insurance

Barriers to protection

According to an online survey of 2,000 adults by Royal London, half of those surveyed believe life insurance is essential for someone with a mortgage or dependants and yet only 60% of people with a mortgage have life cover. While 60% of those surveyed with a mortgage have a life insurance policy, just 29% have [...]

December 6th, 2018|Insurance|

Self-Employed lack protection

Just 4% of self-employed workers have income protection in place, leaving the majority vulnerable to financial difficulties if they are suddenly forced to stop working through illness or accident. In its survey of more than 9,000 adults, LV= identified the self-employed as a niche group who would struggle to make ends meet if they stopped [...]

November 26th, 2018|Insurance|

Is your Help to Buy deal ending?

Since its launch in April 2013 more than 145,000 properties have been bought using the Help to Buy Equity Loan scheme. Five years on and the interest-free element of the loan is due to end, with homeowners potentially facing expensive fees. The Help to Buy Equity Loan scheme was aimed at helping more first-time buyers [...]

November 16th, 2018|Insurance|

What’s stopping you from saving?

Generally speaking, and subject to investment charges and performance, the more you save and the earlier you start saving the better shape your finances are going to be in when you need to draw on them. So why is it then that many of us are reluctant to put money aside for a rainy day, [...]

November 8th, 2018|Insurance|

What life insurance is best for your joint mortgage?

When you take out a mortgage we would always recommend you take out appropriate life insurance too, so that you know your monthly mortgage payments are covered if things go awry. If you’re buying on your own, a single life insurance plan will probably do the trick, but if you’re going into joint property ownership, [...]

October 30th, 2018|Insurance|

Securing your company’s future

Business Protection is a crucial element in a company’s financial future, but how many have cover in place? According to a study from Legal & General, 53% of the UK’s small businesses think they would cease trading in less than a year, should a key employee die or be diagnosed with critical illness and unable [...]

May 14th, 2018|Insurance|

It happened to him

Don’t let the ‘it won’t happen to me’ approach affect your decision on whether or not to take out critical illness cover. David thought he was a fit, healthy, middle aged man, with a good exercise regime and diet. He was a keen runner, and had even completed the New York marathon. It was only [...]

May 3rd, 2018|Insurance|