If you are one of the13% of people in the UK who have taken out critical illness cover to protect themselves against losing their income through ill-health, you are probably aware that critical illness insurance offers identical cover for your children – free of charge.
Consumers with a critical illness which comes in mild and more severe manifestations can often find themselves at odds with their insurance provider, over the validity of a claim. A more flexibile option is ‘severity-related’ critical illness insurance, which offers a partial payout for less severe episodes of critical conditions.
Most of us have a life insurance policy, to ensure that our family is provided for at the end of our life, but far fewer of us have critical illness insurance.
Aviva is planning premium discounts on its critical illness insurances for those who have come through cancer, and would therefore not have cancer cover in their policy.
When considering a company pension scheme, there are many questions to answer. It is crucial to remember that a company pension is part of a larger package of employee benefits, which may vary considerably from company to company.
There’s more to working life than just your pension scheme! The pension scheme is just part of a wider package of goodies that come under the general heading of ‘employee benefits’. Here we give a simple guide to the issues affecting employee benefits, and the questions to ask a prospective employer. Is the pension scheme [...]
