It’s never been more important to check your life insurance, critical illness, and income protection policies to make sure you have sufficient cover. This is because soaring inflation has eroded values and as a result any payouts made in the event of serious illness...

Did you know that just 6%1 of self-employed people have income protection? This cover is designed to pay out a monthly sum (based on your annual income) to help you with your financial commitments if you are off work long term due to illness or injury. For...

There are a lot of things to thing about when renovating or extending your home. With a million things to do, it is easy to forget something important – like insurance. Major renovation work can require temporary specialist insurance cover because of the increased...

The majority of UK lenders have signed a government charter to support borrowers. The charter includes allowing borrowers to contact their lender for help without impacting their credit file and enabling borrowers whose payments are up to date to switch when their...

Everybody knows that life has a funny way of turning out differently to how we expect it to. When faced with the unpredictable twists and turns of fate, it is comforting to have the support of the right protection policy for your needs. Rising bills reinforce need for...

Summer is here and activity in the housing and mortgage markets is hotting up… and cooling down at the same time. Latest data from the Royal Institution of Chartered Surveyors has positive news on housing supply, with a run of thirteen successive negative monthly...

A standard mortgage used to run for 25 years but there is a growing trend for so-called ‘mammoth’ loans spread over up to 40 years as first-time buyers and movers opt for lower monthly payments.  A dramatic increase According to UK Finance, the last two years have...

Interesting data1 has highlighted that although over 50% of married couples rely on both their incomes to cover the expense of their monthly costs, just 13% have purchased income protection (IP). This leaves a huge number of couples and their families vulnerable to...

Insurers supported people experiencing bereavement, illness, or injury to the tune of £6.85bn in 2022, according to latest figures from the Association of British Insurers (ABI). Upwards trend This total includes payouts from group and individual protection policies....

Latest analysis1 has revealed how quickly the mortgage market is changing. Homeowners coming to the end of a five-year fixed term, on an average rate of 1.99%, would have been paying £725 a month. The average rate for a five-year fixed-term mortgage was 5.83% at the...

The average cost of buildings and contents insurance rose by less than inflation in the past year, the ABI's Home Insurance Premium Tracker shows. In total, the average price paid for home insurance in Q1 2023 was up 6% on the same quarter last year. This is...

Uncertainty and rising rates are combining to put pressure on buyers who are growing increasingly cautious, which in turn is pressurising prices. House price growth dipped in May and the annual rate of growth fell to -1.0%1. The Bank of England’s Monetary Policy...

Fewer than one in five over 50s have arranged for their funeral costs to be covered by a life insurance policy, a new study1 has revealed. As well as 17% who have cover in place for funeral costs, a further one in 10 expect their loved ones to use proceeds from...

Last summer’s record-breaking heatwave, when temperatures peaked at 40.3 degrees on 19 July, has led to a surge in subsidence claim payouts, according to the latest from the Association of British Insurers (ABI). Insurers expect to pay £219m in subsidence claims made...