Search Results for: invest

Families In Fear Of Redundancy Offered Cheap Income Protection Insurance Alternative To Savings

The UK saw an increase in unemployment of 128,000 between October and October, reaching 2.64million. This is the highest number since 1994. The Office for National Statistics (ONS), which released it on 14 December 2011, confirmed that the unemployment rate rose from 7.9% for quarters past to 8.3%. Many employees are starting to wonder if they will […]

Insurable and Non-Insurable Risks

Insurance refers to all types of risks. Insurance policies can only be used to share risks with others with similar risks. While some risks can be insured (i.e., insurable), others cannot. non-insurable risks). Insurable Risks Insurable risks refer to the risks that the insurer covers or makes provision for. They are those risks against which it is possible […]

Why You Could Lose A Fortune On A Refused Insurance Claim

You may wonder why many UK insurers refuse to pay insurance claims. This is part of the agreement between the insured and the insurer, isn’t it? Yes. An insurer cannot refuse to pay legitimate claims. The insurer can, however, question the legitimacy and make a payment. Insurers are now making greater efforts to verify that a claim is legitimate. You […]

Signs that you Might be Overpaying for Life Insurance

According to the 2021 Insurance Barometer Study, industry groups LIMRA (Life Happens) and Life Happens, more than half of Americans underestimate the cost of life insurance. 44% of millennials believe that a $250,000 20-year term policy would cost $1,000 per year for a healthy 30-year old, while the real price tag is around $160. It’s easy […]