
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%.
The Association of British Insurers is this week to present latest proposals to clear up consumer misunderstanding of key terms and conditions of health insurance policies.
The list of concerns the ABI has raised serves to highlight for consumers the pitfalls in the small print of health cover.

Times have never been better for taking out personal insurance, as recent improvements in the way insurers deal with critical illness claims may now be extended to income protection insurances as well.
Have you ever checked your bank account, only to discover that, due to some computer glitsch, your salary payment is not in? Now imagine that sinking feeling every month if you were unable to work due to illness or personal injury. You can protect yourself against such loss of income with Income Protection Insurance (IPI). [...]
















