If you want to protect your family, you might have thought about investing in life insurance. But with so many different types of cover, and dozens of different providers, you might have wondered “what’s the best life insurance for me?” As life insurance experts, we can talk you through your options to help you find…
In recent months you won’t have missed the headlines that households in the UK are experiencing a cost of living crisis. The Office for National Statistics (ONS) report that inflation reached a rate of 9.1% in the year to May 2022 – its highest level for 40 years. In simple terms, this means that goods…
A new study from the US published by Investopedia has revealed that those self-identifying as lesbian, gay, bisexual, transgender, and queer (LGBTQ) are underinsured when it comes to their financial protection. As an example, the study found that LGBTQ consumers have a life insurance policy ownership rate of 38% – lower than the rate for…
In recent months, the ongoing Covid pandemic and the Russian invasion of Ukraine have caused price rises. Issues with supply chains, Russian sanctions, and a surge in demand have seen prices accelerate sharply, with the cost of living now rising at its fastest level for 30 years. The latest Office for National Statistics (ONS) data…
One of the commonly held myths about insurers is that “they don’t pay out”. Indeed, research by Scottish Widows found that just 7% of people think that between 91% and 100% of life insurance claims are paid (the actual figure is in the mid-90s). Worryingly, just 1 in 50 people think that between 91% and…
Life cover is something that gives you real peace of mind when you have it – but it’s something you hope you never have to use. It’s designed to ensure your loved ones receive financial support when you’re no longer around. It offers cost-effective reassurance that your spouse or partner, children, and other family will…
Having children is a huge responsibility. As well as having to provide around-the-clock care, you take on a financial responsibility for ensuring your children grow up happy and healthy. So, if something were to happen to you before your children became adults, what would happen to them? Could they remain in your family home? Would…
As the war in Ukraine continues, a leading trade publication has reported that advisers are increasingly being asked about whether being conscripted for military service affects life insurance. FTAdviser tells of a protection adviser who has been asking providers for information about life cover as clients had been querying whether having to serve in the…
According to Diabetes UK, more than 4.9 million people in the UK have diabetes. A further 13.6 million people are now at increased risk of type 2 diabetes in the UK, while 850,000 people are currently living with type 2 diabetes but are yet to be diagnosed. Around 9 in 10 people with the condition…
What would you do if you were in an accident and couldn’t work? What would your family do if you passed away? And would you be able to keep paying your bills if you were diagnosed with a serious illness such as cancer? Protection gives you the peace of mind that you and your loved…
