Insurance Position on Bird Flu from LifeSearch by Kevin Carr
In response to a number of enquires on the subject, across a range of typical protection products we would expect the following outcome in the event of a claim: Would we expect a policy to pay out? Life Insurance YES Income Protection YES Mortgage Payment Protection Insurance YES Critical... Senior Technical Adviser, Kevin Carr, said ‘Income protection and life assurance policyholders should not be concerned regarding their protection insurance policies in relation to any potential outbreak of bird flu and it is worth noting that very few Critical Illness policies are sold without life...

Life Insurance and Life Assurance are Not the Same! by Michael Challiner
The average man in the street assumes that Life Insurance and Life Assurance are names for the same form of insurance. How wrong they are! But don't hang your head in shame, many financial commentators get it wrong too! Life Insurance and Life Assurance perform different financial roles and are... The differences are that with life insurance the size of payout would be preset whereas with life assurance it would depend on the guaranteed minimum and the insurance company's investment performance.

Types of Life Insurance by John Mussi
There are different types of life insurance policies available. Shop around and compare policies to ensure that you receive the best deal possible. This sounds obvious, however, there are dozens of different types of life cover plans available and it is important that you select the right one... Some of the key types of Life Insurance are: Term Life, Whole Life, Burial Insurance, Survivorship Life, Universal Life, and Variable Life Insurance. ... Burial Insurance Burial Insurance, or Final Expense Life Insurance, is essentially a whole life product with small face values.

Life Insurance – Why Your Policy Should Be Written In Trust by Michael Challiner
One of the UK's biggest life insurance companies recently pointed out that only 1% of life insurance policies are written in trust. This should not be the case – and in this article we explain why. By having your policy “Written in Trust”, it means that if a claim is made, the beneficiaries... Express Life Insurance specialise in life insurance quotes uk but also offer both critical illness cover and life assurance policies. ... If your life insurance policy is designed to cover your mortgage in the event of a claim, you can also have that “Written in Trust”.

How To Choose The Right Life Insurance Policy by Clare Mactaggart
Life insurance – what is it & how does it work? Life insurance is the simplest, most popular and cost effective way to financially protect any dependants in the event of your death. While it won’t help those left behind to get over their loss, the benefit of a lump sum, in most cases tax-free,... Whole of life versus term life insurance Life insurance can be split into two main types, known as ‘whole of life insurance’ and ‘term life insurance’. ... In essence, as the name suggests, whole of life insurance provides cover for the lifetime of the policyholder, whereas term life insurance...

Inside Insurance – Protection Priorities by Rachel Lane
Protecting your home Although you have no legal obligation to insure your home, your mortgage company will want to protect their investment with buildings insurance. However, it is also worth protecting your own investments, so even after you’ve paid off your mortgage, you should ensure you’re... Examples include critical illness insurance, as discussed above, as well as long-term care insurance and medical insurance, which may also be referred to as private medical insurance or simply health insurance.

Protect Your Loan Repayments With PPI by Nand Kishore Sahu
A mortgage loan is a high value and long period financial commitment. Your mortgage loan might run for over 20 years and making repayments successfully for such a long period is not easy. In these twenty years the economy may take many a rounds and one can go through many ups and downs in life. ... So if you fulfill the above criteria and want to cover yourself from life’s eventualities then opting for MORTGAGE PAYMENT PROTECTION INSURANCE will be a good idea. ... A MORTGAGE PAYMENT PROTECTION INSURANCE plan is designed to protect you and your family from financial burdens in those...

Mortgage Protection – Easing Your Biggest Concerns by Michael Challiner
OK, now you have a lovely new home and with it comes a lovely new mortgage. With the average mortgage advance standing at around £150,000 it's a long-term commitment to repay a lot of money. The repayments also take a fair slice out of your monthly income. ... You'll find these brokers if you search under “life insurance”, “cheap life insurance”, “life insurance quotes” or “Mortgage Protection Insurance”. ... Then you need Mortgage Payment Protection Insurance - but be aware that in its basic form, this insurance is really only designed to cover redundancy.

Life Insurance Fears Post the London Bombings Tragedy by Richard Green
Following on from the tube train and bus bomb attacks in London there was a move from several UK insurance companies to reassure victims that claims would be processed “quickly and sympathetically”. This need for reassurance came in light of concerns that many victims of the blasts would not be... The Association of British Insurers has also tried to reassure emergency workers and other customers saying, “most types of insurance are readily available without terrorism exclusions… The major personal types of insurance, such as life, household and comprehensive motor insurance provide cover...

Mortgage Payment Protection Insurance: 11 Top Tips by Michael Challiner
A mortgage is a long-term financial commitment and you have to maintain the monthly repayments for the full duration of the mortgage. That's going to be over many years but non of us have the benefit of a crystal ball – so no one knows how your circumstances are going to change. ... Mortgage Payment Protection Insurance (MPPI) is just one of a range of valuable insurances which includes critical illness insurance and life insurance, which you can use to reduce that risk and protect your family's finances.