What is Life Insurance? by John Mussi
Life Insurance is an insurance policy that provides an agreed amount of cover over an agreed term, so that should you die during the policy term, a lump sum is paid out. Life insurance is considered as the cornerstone of financial planning. It is a cost effective way to provide for your family... Life insurance is an agreement between you and an insurer and under the terms of a life insurance contract, the insurer promises to pay a certain sum to a designated beneficiary when you die, in exchange for your premium payments.

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. ... The types of life insurance available include: Mortgage Life Insurance Designed to pay off your mortgage in the event of your...

Guide to Life Insurance by John Mussi
Here is a useful guide to life insurance. Simply put, a life insurance policy provides a lump sum payment upon death of the policy holder. In exchange for regular premiums, a life insurance company will insure your life so that when you die, the policy should pay out to protect your dependants... Life insurance can be used in many ways, not just to protect a young family or repay a mortgage. ... Many people first come across life insurance when they take out a mortgage, as lenders often insist on it to make sure the loan is repaid if you should die still owing them money.

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. ... There is no extra charge for having your policy written in trust, the documentation is standard and the life insurance company will easily process the forms for 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.

Car and Home Insurance Northern Ireland by George McGonigal
Don’t skimp on insurance. This probably doesn’t sound like a way to save money. But keep in mind the purpose of insurance is to transfer to an insurance company the financial risk you can’t afford to carry yourself. Without formal insurance, you are de facto self-insuring - meaning you’ll pay... But many others would be better off spending their limited insurance pounds on term life, which has no investment component and which allows you to buy more death benefit coverage for each premium pound.

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”. ... The cheapest way to buy Critical Illness and Mortgage Life Insurance is again to buy a combined policy.

Loan Payment Protection Insurance – Worth The Cost? by Joseph Kenny
Nowadays, every time you apply for a loan you will most likely be offered payment protection insurance. If you are taking out a particularly large loan, the idea may seem very attractive. These insurance policies will take over repayments on your loans in the event of losing your job or being... Every insurance policy varies, but one thing remains the same, it is very difficult to get an insurance policy to pay out. ... The basic advice here is be very careful if opting for expensive insurance policies.

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...

A Laymans Guide to Buy to Let Mortgages by Elizabeth Grant
The Buy to Let property market seems to more popular than ever. In fact, Buy to Let has been steadily increasing in popularity since the mid-nineties and experts reveal that the market shows no real sign of slowing down. Buy to Let seems to be the ideal property investment; simply purchase a... Have a look at two differing goals of Buy to Let investors: •Make a profit from the investment in the property itself and re-sell it when house prices are high •Aim for a month by month profit from the rent you charge Buy to Let Costs Regardless of the reasons you might have for buying a...