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Latest Insurance News
Statutory Sick Pay provides workers with “very little insurance”, says think tank
Published: May 9, 2023 by Jennifer ArmstrongThe level of Statutory Sick Pay (SSP) increased in April 2023. Yet, ill workers are still likely to face financial hardships as it provides “very little insurance”, according to a Resolution Foundation report. The findings highlight how important having a … Continue reading
Misconceptions mean that 40% of homeowners don’t have life insurance
Published: May 26, 2022 by Jennifer ArmstrongDo you have life insurance in place? A survey suggests that some homeowners are choosing not to take it out because of common misconceptions about how life insurance works. Life insurance would pay out a lump sum to beneficiaries if … Continue reading
1 in 3 people say financial protection is too expensive, but can you afford to overlook it?
Published: March 8, 2022 by Jennifer ArmstrongFinancial protection can provide you with a lump sum or regular income when you need it most, for example, if you’re unable to work due to a long-term illness. Research finds it’s something many people are putting off because they … Continue reading
How a life insurance policy could help you preserve an inheritance for loved ones
Published: November 15, 2021 by Jennifer ArmstrongIf Inheritance Tax (IHT) is a concern for you, taking out a life insurance policy could mean your estate passes to loved ones intact. With some careful planning, a life insurance payout can cover your IHT liability and ensure assets … Continue reading
First-time buyers, have you considered financial protection? The risk could be higher than you think
Published: March 15, 2021 by Jennifer ArmstrongAs a first-time buyer, there are lots of expenses going out. You may have put off taking out a financial protection policy because of this, or you may think it’s not important. However, the risks could be much higher than … Continue reading