Life Insurance

Life Insurance

old couple

Life insurance – the stats and facts you need to know

Facts and figures make the world go round. Let’s face, er facts, there’s nothing we Brits like more than facts and figures and having access to an endless stream of stats. From being avid viewers of TV quiz shows to being a country slightly obsessed with pub quizzes, ...
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Life Insurance Policy

Common Reasons Why Life Insurance Won’t Pay Out

There’s a world of difference between the criteria applied to turning would-be life insurance policyholder’s down due to their vocation and/or lifestyle choices and those who secure a far-reaching plan only to find at a later date – and in the aftermath of their passing – that dependants ...
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grim reaper

Life Insurance Policy Costs Don’t Always Make For Grim Reading

See what we did there? Grim reading/grim reaping? No? Nevermind. The point is – as the headline states – life insurance policies are often more affordable than us bargain-hunting Brits might have otherwise believed, as we routinely overlook their vital importance in the whole run of things. It ...
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old couple

Over-50s Life Insurance Providers Accused of Failing Policyholders

There’s a sense of industry-wide abandonment of over-50s life insurance policyholders, should they experience financial difficulties during the term of their often long-term plans. That’s the no-holds-barred claims of insurance provider, Royal London recently, who go on to point out that instead of being guided by their Over-50s ...
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house

Most mortgages wouldn’t be cleared by average life insurance policy settlement

This is the somewhat surprising revelation by leading UK life insurance provider, Sun Life, which has unearthed some startling statistics after recently reviewing claims data. Derived from a series of averages, Sun Life discovered that based on an average outstanding mortgage of £83,000 (and subject to a life ...
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cigarette and ashtray

29% of US Life Insurance Providers Now Categorize Marijuana Users in Same Risk Bracket as Non-Smokers

According to recent research, nearly one-third of life insurance policy providers in the states are now approaching marijuana users in the same way as they would non-smokers in terms of underwriting provisions. These are the somewhat eye-opening findings of a survey carried out by Munich American Reassurance Company, ...
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home

New Generation of Homeowners Failing to Arrange Life Insurance Policies

With news that co-habiting buyers are accounting for the fastest growing family type in the UK – that’s according to figures just released by the Office for National Statistics which also identified that within the 25 – 34-year old demographic some 43% are homeowners – the bigger headline ...
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Life Insurance Policy

What is Life Assurance?

People assume that life insurance and life assurance are the same thing and offer the same form of cover. However this is incorrect: insurance and assurance present different financial roles, and are very different in terms of cost. We have put together this guide of the two types ...
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