Cost of dying goes up and up

Cost of dying goes up and up
Death is something we don’t like to think about too much, but something we should thinking about is how much our funeral is going to cost our family because the cost of dying goes up and up every year. The cost of a funeral is the fastest rising fixed cost of anything in the UK and rising prices are forcing some families to cut corners when saying goodbye to their loved ones.
Read More

Insurers pay out record amount in 2016

Insurers pay out record amount in 2016
One of the reasons most often given for not taking out protection insurance is the consumer’s expectation that they wouldn’t be paid out in the event of a claim. But figures just released by the Association of British Insurers (ABI) shows that simply isn’t so with 97.3% of protection claims being paid out and over 98% of life claims.
Read More

How much life insurance you need?

How much life insurance you need?
Have you any idea how much life insurance you need? A frightening number of Brits don’t have any life insurance at all and many that do have no real idea if it would be enough to cover their needs if the worst came to the worst.
Read More

Have you made your will yet?

Have you made your will yet?
Perhaps you haven’t got around to it yet – or you think you’re too young to need to do it for a few years. Failing to make a will before you die can lead to arguments and bitterness.  Some of your closest family members might end up getting nothing while someone you definitely didn’t want to inherit could end up with part of your estate. Those missing out could include unmarried partners, close friends, carers… View Article
Read More

Could a selfie affect your life insurance?

Could a selfie affect your life insurance?
One day soon your selfie might be telling people much more than whether or not you’re having a bad hair day. New technology is being used to scientifically examine selfies to evaluate whether you are a good candidate for life insurance.
Read More

Vitality pays out on 99% of life claims

Vitality pays out on 99% of life claims
VitalityLife – one of the panel of insurers we use at FPL –paid out a record amount in claims in 2016, including 99% of those made for life cover. The firm paid out a total of £33 million on 807 claims which also included 93% of serious illness claims and 94% of those made for income protection.
Read More

Six million UK mums at financial risk

Six million UK mums at financial risk
When we think about how much life insurance our families need most of us just consider what would happen if the worst should happen to the man of the house. But it is important to realise that mothers are just as financially vulnerable and life cover is just as important for them.
Read More

Millions of Brits failing to plan for illness

Millions of Brits failing to plan for illness
Millions of Britons are failing to plan for what will happen if their income drops if they are forced out of work by illness. Just 46% of parents have life insurance, 22% have private health insurance or dental cover, but fewer still – 18% – have critical illness cover and income protection comes bottom of the list with 13%.
Read More

Don’t get hit by inheritance tax

Don’t get hit by inheritance tax
When taking out your life insurance policy there is an important step many people miss and it could cost their surviving family a fortune in inheritance tax. One simple procedure guarantees your family will not be forced to fight for the money you leave them when you pass away.
Read More

How to choose life insurance

How to choose life insurance
If you have ever tried to work out which life insurance policy is best for you then you’ll know just how complicated a job it can be. You can be faced with a bewildering array of different products, all making different promises and, if you’re truthful, you don’t really understand any of it.
Read More
Page 1 of 512345