Income loss would force house sale

Income loss would force house sale for one in eight
One in eight people would have to sell their home if they lost their income for any reason. Research by Zurich has found that only 8% of people have any financial protection against illness or injury, 17% have no disposable income to cover them and 25% have no savings to fall back on. Cost Of Resilience The Cost Of Resilience report came from a survey of just over 2,000 people in which more than half… View Article
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Why is writing a Will important?

Why is writing a will so important? Quite simply, it tells everyone what you want to happen to your money and property when you die. It gives you peace of mind to know that things will go as you planned. If you die without a will then the law will decide how your estate is divided up and passed on and that may not necessarily be in line with your wishes. Four reasons There are… View Article
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Many over 50s put their jobs before their health

Many over 50s put their jobs before their health
New research by Aviva has shown that more than one in three British workers over the age of 50 are putting their jobs before their health and more than a quarter are frightened to tell their boss about health issues. More than one in three of those interviewed said their job was harmful to their health and well-being and expected that ill health would force them to retire early. Strain Around 35% of over 50s… View Article
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Over 35 million Brits have no financial safety net

Over 35 million Brits have no financial safety net
A new study has revealed that more than 35 million Britons have no financial safety net to help them through losing their jobs or a major downturn in the economy. Research by Aegon found that 45% of those surveyed would have to rely on their savings if the main breadwinner was made redundant or unable to work for six months or more. Financially exposed Almost 75% are exposed financially because they have no income protection… View Article
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Single or joint life insurance – which is best?

Single or joint life insurance – which is best?
Life insurance is a financial safety net for a family if either spouse dies prematurely, but is it better for couples to take out a joint policy or to insure their lives separately? Financial reporter Harry Brennan has investigated the dilemma and found some key differences in the type of policy. Difficult He said: “It can be difficult for people to work out what type of cover is right for them and whether single or… View Article
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Are you doing the right thing to protect your family?

Are you doing the right thing to protect your family?
Protecting our loved ones against everything life can throw at them is obviously a good thing to be doing. Most people take out a life insurance policy to ensure the family is financially secure should the worst ever happen, but some experts say a life policy alone is not enough to protect your family adequately against future disasters. Critical illness Expert Maya Prabu says: “Life insurance has long been considered the cornerstone of financial advice…. View Article
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Sudden illness could put 9 out of 10 in financial hardship

Sudden illness could put 9 out of 10 in financial hardship
New research by Scottish Widows has found that sudden illness could push 9 out of 10 Brits into financial hardship. The same survey also found people are more likely to insure their mobile phones than protect their finances against illness. Couldn’t survive financially When questioned 21% of those taking the survey said they knew their family couldn’t survive financially, but only 9% of them had taken out a critical illness policy as opposed to 12%… View Article
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Why do you need life insurance?

None of us likes to think about our own death and that’s probably the reason why so few people actually have a life insurance policy. Another reason could be that it’s the one insurance policy you won’t benefit from personally. The truth is that if you have no dependants and no outstanding mortgage that requires you do so then you don’t actually need a policy because it is only intended to benefit those you leave… View Article
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Guilty pleasures win out over life insurance

Guilty pleasures win over life insuraance
Millions of Brits are choosing pursuing guilty pleasures rather than sorting themselves out with a life insurance policy. A recent survey by Direct Line Insurance has revealed that 61% of adults across the country don’t have any life insurance, but they’re happy to spend hundreds of pounds a month on cigarettes or vaping, eating out, drinking or bingeing on fast food.
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Do you need critical illness cover?

critical illness
We all have many claims on our hard-earned salaries and we obviously like to get the best value from whatever we buy, so many of us don’t see the true value of something like critical illness insurance – until we need it. When we are young we think we are invulnerable and nothing’s going to happen to us.  As we grow older it’s a thing we don’t like to dwell on, but the reality is… View Article
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