li-varies

Life Insurance costs vary drastically depending on where you buy it

In this article we’ll explore how the cost of a particular life insurance policy may vary depending on where you find it, even if, the provider and the product are identical. Life insurance costs vary drastically depending on where you buy it image Of course, some providers charge different rates to others according to the…

neckbrace

Insurance fraud rises by almost a fifth and is costing you 50 a year

New figures have revealed that the value of bogus insurance claims in the UK rocketed in 2013. According to the Association of British Insurers, the value of fraudulent claims discovered by insurers rose to a record amount of £1.3 billion last year, up 18 per cent on the previous year. Now, however, the industry is…

download

Survey reveals Brits more likely to MOT their car than their body

When was the last time you gave your body the once over? If you haven’t done this in a long while, you are not alone. New research has revealed that a third of Brits are not checking themselves as much as medically recommended, leaving them at risk of treatable health conditions. Survey reveals Brits more…

claim

Why it is more likely than ever that your protection claim will be paid

New figures have revealed that insurance companies are paying out more protection claims than ever before. Data from the Association of British Insurers (ABI) shows that 97 per cent of protection claims were paid in 2013, representing a total of around £3.1 billion. A range of industry initiatives have improved the claim rate with insurers…

download-1

Chancellor blamed for biggest hike in car insurance premiums

Changes to Insurance Premium Tax that came into force in November have been blamed for the biggest quarterly rise in car insurance premiums for five years. Chancellor blamed for biggest hike in car insurance premiums for five years image A new report from the AA has revealed that the average cost of car insurance has…

download-15

Life insurance firms under fire for requesting unnecessary medical information

Life insurance companies are routinely requesting to see applicants’ full medical history in a move that experts believe could be designed to prevent expensive payouts. New revelations about the practices of major insurers has led many industry voices to demand changes to the way that life insurance providers underwrite policies. Do you want your entire…

download-2

Revealed The locations where you will pay the least for your car insurance

A new survey has revealed where drivers pay the most for their car insurance. The research, published in Auto Express, has revealed that nine of the cheapest eleven locations for car insurance in Britain can be found in Scotland and Wales, with the cheapest premium north of the border. Drivers in London and the South…

micro

In numbers everything you need to know about the insurance industry

As the old phrase goes, ‘there are three kinds of lies: lies, damn lies and statistics’. Statistics can be used to prove just about anything, particularly when you start talking about the insurance industry. However, there are some powerful stats which can underline the important of getting the right protection for you and your family….

download-4

5 steps to getting the most from your insurance if your house floods

Over the last couple of weeks, thousands of households in England and Scotland have been affected by serious flooding. Storm Desmond hit many parts of Cumbria, Lanarkshire and Lancashire and many people have been forced out of their homes due to serious flood damage. While insurers have promised to act quickly to help, it could…