Insurance
One in five over 50s travel without insurance
Whether it’s topping up your tan, getting your hair done or launching into a foreign language crash course – planning a trip abroad can mean a to-do list as long as your arm.
LV= launches income protection product for harder to insure clients
Protection specialist LV= has launched a new underwritten income protection product, ‘Personal Sick Pay’.
Mutual starts shake-up in failing sector of the life insurance market
New research conducted on behalf of Royal London reveals over half (59%) of UK adults aged over 50 have no plans in place to cover the cost of their funeral, yet only 7% are worried about how their family will pay for it.
Valuables too valuable?
Although three-quarters of homeowners have valuables, only 14% keep theirs somewhere secure such as a safe or safety deposit box, according to research by Populus for AA Home Insurance.
Home or away - make sure you’re insured this Bank Holiday
Families taking advantage of the bank holiday or jetting off for a half term getaway should check the levels of cover offered by their travel insurance, and not just opt for the cheapest policy available, warns MoneySuperMarket.
Free Sainsbury’s Breakdown Cover with new Sainsbury’s car insurance policies
New Sainsbury’s car insurance customers will receive free Sainsbury’s Breakdown Service cover.
Motorists burn £1.9 billion a year by ‘auto renewing’ their car insurance
UK motorists are wasting £1.9 billion each year by staying loyal to their existing car insurer. Not shopping around for a better deal at renewal time means drivers could be throwing away around £220 a year, says MoneySuperMarket.com.
Less than half have life insurance
Most people don’t like to think about death, but many try to put some sort of plan in place in case the worst happens. Yet fewer than half of adults (41%) say they have life insurance.
Defaqto launches new Star Ratings for whole of life policies
Defaqto, an independent researcher of financial products, has launched new Life Assurance Star Ratings for whole of life policies to help advisers and consumers identify where products sit in the market in terms of the overall quality they offer.
58 per cent car insurance price increase for being unemployed
Although the cost of car insurance is generally falling, some drivers are faring less well than others. The latest analysis from MoneySuperMarket reveals those out of a job are paying a high price for being unemployed.
Aviva detects £110 million of insurance fraud, up 19% over 2012
Aviva detected over £110 million worth of insurance fraud in 2013 – a 19% increase compared with 2012.
UK first-time parents spend £492 million preparing for baby
First-time UK parents spend more than £492 million each year, preparing for the arrival of their first baby, according to research from life insurance provider Aviva. This equates to £1,619 per family and shows a 17% increase to the £1,389 total in March 2012.
esure recognises AEB drivers in motor insurance reductions
esure Group has announced that through its esure and Sheilas’ Wheels brands, it is recognising the safety benefits of Autonomous Emergency Braking (AEB) systems by offering premium reductions across particular Volvo, Mazda and Mercedes models1 from mid-April 2014.
Co-operative Pet Insurance offers puurfect getaway and 20% online discount
The Co-operative Pet Insurance is offering new customers a free one night getaway when they take out pet insurance for their four-legged extended family members.
RAC creates telematics joint venture with Quindell
The RAC and leading insurance and telecoms technology business Quindell have announced a joint venture creating a new business, Connected Car Solutions Limited, to distribute their world-leading telematics technology with an initial £30m investment.