Know Your Own Worth: A Practical Insight Into Covering Up by Rachel Lane
Almost anything can be insured these days: breasts, legs, your goldfish, your mental health, physical health, your own life, your child’s life. You can insure against the bad weather, good weather, political events…. This week in Scotland, triathlon competitors were insured for £1 million in... In terms of personal insurance, there are eight general areas of insurance in which the consumer should be interested: * Buildings insurance * Contents insurance * Life insurance or life assurance * Health insurance * Family legal protection * Pet insurance * Travel insurance * Car insurance...

Life Insurance, the Universe, and Everything by Rachel Lane
You may have noticed that life insurance is coming back into fashion. It’s true that it may not be the financial term on everybody’s lips, but sales of life insurance have been going up, according to the Association of British Insurers. Whilst we may not be saving the volume of funds that the... If you’re considering term life insurance, bear in mind there are multiple variations encompassing increasing term insurance, increasable term insurance, decreasing term insurance, renewable term insurance, convertible term insurance, family income benefit insurance and pension linked term insurance.

Cheapest UK Life Insurance by Ken Barnes
Most companies will claim that they’re the one with the cheapest UK life insurance rates. While this claim may or may not be true, one thing is certain. Selling life insurance is extremely competitive. Thousands of companies and independent sales agents are working hard to attract your attention. ... It can be invested in an interest-bearing account, or used to payoff a mortgage, or to cover the costs of higher education, or to cover end-of-life expenses, or even to go on holiday. ... This is generally the cheapest type of UK life insurance cover.

An Introduction to UK Home Insurance by George McGonigal
Unlike motor cover, home insurance is not a legal requirement in the UK. It is, however, a vital precaution against unforeseen bills caused by incidents such as natural disasters or break-ins. It is a false economy to avoid home insurance premiums in order to save cash in the short-term because... However, you are not obliged to do this by law, so it is well worth looking around for the best deal for your needs and making sure that you obtain the right cover at the right price. ... Unless you took advantage of a special mortgage deal where you agreed to buy their home insurance then you...

Critical Illness Insurance – Critical or Ridicule? by Rachel Lane
Critical illness cover (CIC) is a type of insurance which provides a significant one-off payment if you are diagnosed with a specified life-threatening condition – specified being the important term, because if your illness isn’t in the terms and conditions – you won’t get the payment. ... When you first purchase the critical illness insurance policy, there might be an option for buy-back insurance, this would permit you to buy additional critical illness cover or life insurance, typically at a minimal cost, after you have made a claim on your existing CIC policy.

Insurance: Are You Paying for the Same Thing Twice? by Michael Challiner
Has it ever crossed your mind to sit down and calculate how much you spend on insurance every year? If you do the sum, you will be surprised at how much you fork out for all the different types of cover. You’ll also, in all probability, find that you are paying for some types of cover more than... Payment protection cover often overlaps with permanent medical insurance, meaning that people take out extra cover for loans and mortgages etc, without realising that the permanent medical insurance policy has got it all covered.

Life Insurance Information by John Mussi
Life insurance is a personal insurance plan designed to pay out a sum of money on the death of the policyholder. Life Insurance is an insurance that is taken out against a persons life. It will pay out either a lump sum or monthly contributions to the “trustee” or next of kin in the event of the... Which life insurance company you choose can also have an impact on the level of premium required as different life insurance companies treat clients differently. ... Life insurance is, as the name implies, an insurance policy taken out on an individual's life.

Why Worry When You Have Buildings Insurance by Joanne Elizabeth
Whenever an individual builds his dream home, he makes sure it has all the amenities that are required to make his life comfortable. Besides this one more factor that is absolutely imperative to any home is its safety. A good insurance policy is what you need to secure your home against any... A household insurance cover includes both buildings insurance and contents insurance . ... If your home has a good buildings insurance cover against it, then in case the general structure of your home incurs any damage due to flood, storm, lightning or burglary; your insurance cover will...

Whole Live vs Cheap Life Insurance by Ken Barnes
Term life insurance is generally the cheapest form of life insurance, but it’s not the only option. Unlike term coverage, in which only the face value is paid out upon your death, a whole life policy accrues a cash value. In order for the cash value to increase, money over and above that which... Benefits of Whole Life Insurance One of its best benefits is that it will cover a person for his or her whole life. ... Universal life insurance, which is a variation of whole life insurance, gives you more flexibility in your premium, the term and death benefits, but this flexibility does come...

The Importance of Critical Illness Cover by Victoria Slotover
No-one likes to contemplate the possibility that they or their family might become critically ill. However, since 20% of all men and 25% of all women in the UK become critically ill before retirement age, it is important not just to consider the possibility but also to prepare for it happening. ... Unlike other types of insurance, you can use the money from your critical illness cover in any way that you like. ... For example, you can use it to pay for: Paying for medical treatment Making up for income that is lost from being unable to work Paying off a mortgage Extending Critical...