People in employment may want to cover themselves against possible redundancy and loss of income following revelations that a good percentage of their employers risk succumbing to the recession due to the way they operate.
Research from Scottish Widows has revealed that many businesses in the UK are not doing enough to shield themselves from the unexpected, which underscores the need for...
There are many types of life insurance available on the market these days and one of the least known about is a policy called family income benefit. This type of life cover pays out a regular annual income as opposed to a one off lumps provided by such policies as term insurance and critical illness cover.
Recent news suggest that families in the UK should consider whether the financial...
Family income benefit is a form of term life insurance that pays out a regular monthly tax free income instead of a lump sum. This type of cover allows parents to adequately provide an income to replace their own if they were to die within the policies term.
Family income benefit is particularly attractive to parents who like to know their families have a regular monthly income rather than...
Public sector workers without redundancy fall-back plans such as unemployment cover or income protection insurance may want to consider putting in place such measures because of impending budget cuts.
Civil service jobs may be under threat following chancellor of the exchequer Alistair Darling\'s refusal to confirm or deny whether the government would target the public sector in a bid to...
Some consumers risk being significantly under-insured by not reviewing their life insurance when they experience big changes such as marriage or buying a house, it has been highlighted.
It is vital to review cover because the amount of protection changes in line with transformations in personal circumstances, according to personal finance experts from BeatThatQuote. Urging people with life...
With men typically being the main bread winner in a family the need for men with dependants to protect their family\'s financial future with life insurance such as family income benefit has been highlighted by new research stating that men are almost 40 per cent more likely than women to die from cancer.
According to a report by the National Cancer Intelligence Network (NCIN), Cancer...
Consumers in the UK have identified cost as the main reason preventing them from taking out life insurance in a new survey conducted by Ipsos Mori on behalf of Scottish Provident.
The study aimed at investigating consumer lifestyles and attitudes found that nearly half (44 per cent) of those polled said life cover was too costly, while one in ten (11 per cent) said they would rather use the...
As the recession begins to peak it is clear that many people have been looking at ways to reduce their monthly expenses. Consumers are increasingly taking out life insurance and income protection cover as concerns over the economic climate and its potential effect take hold among people in the UK.
There are many life insurance websites on the internet and the number seems to grow each year....
New figures from the Office for National Statistics (ONS) have underscored the need for people in employment to ensure they are covered with mortgage insurance. According to the latest data, an increasing number of people lost their jobs in the three months to April 2009 as the number of unemployed people and the unemployment rate rose.
Once out of a job, getting back into employment is an...
More factors that should encourage men to consider covering themselves with life insurance or critical illness cover have been highlighted by an expert from Leeds Metropolitan University.
According to Alan White, a professor of Men\'s Health, men seem to be oblivious to the risks of cancer despite the fact that they have a higher level of smoking and an increased rate of obesity than women....
