
Many of us hold a life insurance policy that is designed to protect our family, or pay off our mortgage. We are also aware of the benefits of critical illness insurance, which provides a lump sum in the event of serious health issues.

Many of us hold a life insurance policy that is designed to protect our family, or pay off our mortgage. We are also aware of the benefits of critical illness insurance, which provides a lump sum in the event of serious health issues.
Most UK residents vastly underestimate the cost of their monthly outgoings, by as much as £964 for an average family, according to new data from UK insurer Bright Grey.
The research underlines the dire need for guidance and financial advice in the general area of budgeting and financial planning, with most families underestimating their own ‘running costs’ by 50%.
Over a quarter of people in the UK are ’in denial’ about their need for help with their financial planning, in the same way that others refuse to admit eating disorders, drinking or gambling, according to a new report from AXA. Using analysis by professional psychologists, the AXA report* claims that “inertia, ignorance, and instant gratification” are [...]
















