Insurance

Do you underestimate your life insurance needs?

Many are putting their families at potential risk should the worst ever happen. This was among the findings from price comparison website MoneySuperMarket, which found people generally had underestimated their life insurance requirements by almost £140,000. Generally people were not aware of how much cover they needed when it came to life insurance. ‘Almost half …

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Brits more likely to have pet insurance than income protection

New research by Epoq Legal reveals that 32% of those surveyed have pet insurance compared to a quarter with some form of income protection. The research was conducted by Opinium in June 2018 among 1,234 employees from across the UK. The majority (23%) have paid for the pet insurance themselves, with the remaining 8% receiving it …

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Millions of mortgage holders without life insurance

Although life insurance is not compulsory for mortgage holders, it’s highly recommended to make sure the mortgage is paid off should the policy holder pass away. According to Compare The Market, just 30% of UK adults have life insurance cover which equates to 8.1 million households. Significantly less that the number of mortgaged properties in …

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