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Life insurance News Stories

Be prepared with the best critical illness cover

Updated: 02nd May 2017 - First Published: 02nd May 2017 No-one likes to think about falling dangerously ill, but if you’ve got dependents, it’s vital to be prepared. This makes critical illness cover a vital part of any financial plan, and if you’re looking for a new policy, we may be able to help. Read More...

“Generation Rent” at financial risk

Updated: 08th February 2017 - First Published: 08th February 2017 If you’re renting, you may not have thought about things like life cover, with it often only being when people buy a home that they’re prompted into action. However, this could be a big mistake, with many renters at risk of financial hardship. Read More...

One in five don’t see the benefit of protection

Updated: 26th January 2017 - First Published: 26th January 2017 New research has revealed the barriers that stop people from buying protection products, with not seeing the benefit of such protection sitting just behind the thought that it is too expensive as the main reason for not taking out cover. Read More...

Stay-at-home parents do £30K of unpaid work

Updated: 07th December 2016 - First Published: 07th December 2016 New research has found that stay-at-home parents do an average of £29,812 of unpaid work per year, and yet almost two-thirds of them don’t have any life insurance, creating a potentially dangerous situation if something were to happen to them. Read More...

51% of women lack a financial safety net

Updated: 29th November 2016 - First Published: 29th November 2016 A new study has found that for 28% of women, the inability to support themselves or their families financially is their greatest financial fear. And yet, 51% of women have no form of protection against financial curveballs. Read More...

Lack of life insurance raises alarm bells

Updated: 17th October 2016 - First Published: 17th October 2016 Many of us realise that we should have life insurance, yet far too few actually take the plunge and invest in a policy. This could be a big mistake, as failing to have sufficient protection could put your family’s finances in jeopardy. Read More...

Risks of the heart

Updated: 03rd October 2016 - First Published: 03rd October 2016 One person dies from heart disease every minute in the UK, resulting in 425 deaths a day and making cardiovascular disease Britain’s number one killer. This is according to the BHF, which found that heart diseases account for 26% of deaths. Read More...

Mortgage holders – are you financially vulnerable?

Updated: 20th June 2016 - First Published: 20th June 2016 The monthly mortgage payment will probably be one of your biggest outgoings, but what if you were unable to work? Trying to cover the bills would no doubt be a struggle, which is why it’s worrying that so few have suitable insurance in place. Read More...

Households risk being financially unstable

Updated: 23rd May 2016 - First Published: 23rd May 2016 We all know how important it is to be prepared for a financial emergency, but unfortunately, research has found that far too few people are putting that advice into practice. Read More...

Do you think financial protection is a priority?

Updated: 05th May 2016 - First Published: 05th May 2016 Insurance is a fact of life for many of us. We protect our cars, our homes, our health and even our pets, but there’s one aspect that too few of us consider – our finances, with a worryingly small proportion of consumers viewing this as a priority. Read More...

Renters: are you prepared for financial shocks?

Updated: 04th September 2017 - First Published: 21st September 2015 If you rent your home, how prepared are you for financial shocks? Ideally you should have the same kind of protection as those who own their home, but unfortunately, far too few have suitable safety nets in place. Read More...

Don’t lose out on life cover

Updated: 18th June 2015 - First Published: 18th June 2015 Have you ever cancelled a life insurance policy? If so, you’re not alone – research from Royal London has revealed that 52,000 people cancelled their over-50s policy last year, equating to an estimated £173m in life insurance being lost. Read More...

Life insurance is cheaper than you think

Updated: 15th June 2015 - First Published: 15th June 2015 As a nation we protect our homes, our belongings and even our pets more than we do our lives, with a worryingly small proportion investing in life cover. Much of this could be due to overestimating the cost, so it could be time to reconsider... Read More...

Mobiles and internet: more important than life?

Updated: 31st July 2017 - First Published: 10th June 2015 Living without a mobile phone or a speedy internet connection may be unimaginable nowadays, but it seems that for some people, protecting these modern comforts has assumed a greater importance than that of protecting their income or mortgage. Read More...

Average life cover isn’t enough to repay mortgage

Updated: 03rd May 2017 - First Published: 02nd June 2015 If you’ve got a mortgage, investing in life insurance will always be preferable. It can provide financial support and will ideally pay off the mortgage should the worst happen, but the typical payout actually falls far short of the amount required. Read More...

Cohabiting homeowners: are your finances protected

Updated: 28th June 2017 - First Published: 19th May 2015 Many young people dream of getting on the housing ladder, and an increasing number are buying with their partner to achieve their goals. However, many aren't investing in life insurance, something that could put their homes – and finances – at risk. Read More...

Half of households would struggle on one income

Updated: 15th May 2015 - First Published: 15th May 2015 What would you do if you lost your income? This is perhaps an even more pressing question for larger households, as needing to support a family after losing the main source of income could prove difficult. Read More...

One third can’t find assets left in wills

Updated: 21st October 2014 - First Published: 21st October 2014 The loss of a loved one can take an emotional toll on family and friends, but matters are made even more stressful when a financial muddle is left behind. Read More...

Two-thirds of Britons have no life insurance

Updated: 09th May 2017 - First Published: 08th October 2014 When it comes to insurance cover, it seems that life insurance is the big elephant in the room. According to a study by TopCashback, around two-thirds of Britons have no life cover whatsoever, despite half of this figure being parents. Read More...

Home-movers urged to review life insurance

Updated: 04th September 2014 - First Published: 04th September 2014 Almost two-thirds of homeowners who have recently taken on a bigger mortgage could be putting their families’ futures at risk after failing to review their life insurance at the same time. Read More...

Is your family protected if you die?

Updated: 12th May 2014 - First Published: 12th May 2014 Death tends to be a taboo subject in UK culture, but there are times when we need to bring the inevitable to the forefront and discuss issues surrounding it. Read More...

Warning for mortgage holders without life cover

Updated: 18th April 2017 - First Published: 07th May 2014 Becoming a mortgage holder is a huge responsibility, and you'll need to take a long-term view so you’re prepared for every eventuality.That makes life insurance vital, but not everyone is aware of the risks involved in failing to be covered. Read More...

Going smoke-free? Then re-consider your insurance

Updated: 06th January 2014 - First Published: 06th January 2014 The start of the year brings with it a host of New Year’s resolutions, and for many people quitting smoking will be at the top of that list. Well, if that’s the case, make sure to reconsider your insurance policy. Read More...

Protect your family

Updated: 10th July 2013 - First Published: 10th July 2013 New research has highlighted the financial struggles facing parents when it comes to raising their children. Read More...

Rising cost of dying

Updated: 15th May 2017 - First Published: 13th September 2012 Rising funeral costs have highlighted the importance of protecting your family from the financial costs of dying. Read More...

Millions of women failing to safeguard futures

Updated: 12th September 2012 - First Published: 12th September 2012 Women in the twenty-first century have more financial independence and freedom of choice than ever before, with the majority of women making the financial decisions in their households. Read More...

Cost of life insurance coming down

Updated: 27th February 2012 - First Published: 27th February 2012 The cost of life insurance has fallen for the second year in a row, new research has revealed. Read More...

Warning over life insurance updates

Updated: 12th July 2017 - First Published: 15th August 2011 Failing to update levels of life cover at various stages of life means millions of Britons risk leaving dependents in financial difficulty. Read More...

How much are Dads worth?

Updated: 26th November 2012 - First Published: 17th June 2011 Dads do more than £21,000 of work around the house a year, but are failing to protect themselves and families should anything happen to them, new research has revealed. Read More...

Brits urged to update life insurance

Updated: 26th November 2012 - First Published: 14th June 2011 Millions of Britons risk leaving dependents in financial difficulty after failing to update their level of life cover. Read More...

Faster life insurance payouts on the way

Updated: 26th November 2012 - First Published: 24th May 2011 Life insurance claims will be paid out more quickly after insurers were issued with new guidance over how to process claims. Read More...

Britons shunning life cover in droves

Updated: 17th January 2013 - First Published: 04th May 2011 Britons are shunning life cover in their droves, with people preferring to take out insurance on the likes of mobile phones and pets. Read More...

Earners reminded over life insurance importance

Updated: 26th November 2012 - First Published: 20th April 2011 Britons have been reminded of the importance of life insurance and health cover after it was revealed adults spend over £10K a year financially supporting their dependents. Read More...

Women walking a financial tightrope

Updated: 26th November 2012 - First Published: 28th March 2011 Millions of women are failing to protect themselves financially by neglecting to take out life insurance or critical illness cover. Read More...

Women warned over lack of life insurance

Updated: 26th November 2012 - First Published: 08th March 2011 More women than ever claim to be the main breadwinners in their household, but they are failing to protect themselves adequately should they be unable to work, new research has revealed. Read More...

Women workers warned over lack of life insurance

Updated: 26th November 2012 - First Published: 15th February 2011 Women who are increasingly taking control of their family’s financial affairs have been warned that they are still failing to protect themselves adequately. Read More...

Silent ex-smokers pay too much for life insurance

Updated: 15th August 2017 - First Published: 24th January 2011 Ex-smokers are unnecessarily paying millions of pounds a year more in life insurance premiums than they need to. Read More...

Majority of UK families have no protection

Updated: 26th November 2012 - First Published: 19th January 2011 The vast majority of UK families are walking a protection tightrope, with many facing financial ruin should the worst happen. Read More...

Heads in the sand over life insurance

Updated: 26th November 2012 - First Published: 13th December 2010 People choose to put their heads in the sand over the financial risk they are taking when it comes to their family’s future by not having life insurance cover. Read More...

Life insurance warning for mortgage holders

Updated: 26th November 2012 - First Published: 10th November 2010 Mortgage borrowers have been urged to make sure they take out life insurance to provide financial security for their loved ones. Read More...

Is it time to consider life insurance?

Updated: 26th November 2012 - First Published: 02nd September 2010 The sad truth is that the vast majority of people will never consider taking out a life insurance policy, less actually take one out. Read More...

Don't gamble with your family's future

Updated: 26th November 2012 - First Published: 24th August 2010 People will always say that protecting their family financially is important, yet many are still gambling with their loved ones’ futures. Read More...

Quit smoking to save your health and money

Updated: 26th November 2012 - First Published: 09th March 2010 Smokers attempting to kick the habit to improve their health have been told they could also look forward to cheaper life insurance. Read More...

Half of Britons are neglecting life cover

Updated: 26th November 2012 - First Published: 02nd March 2010 Almost half of Britons are jeopardising their financial futures by neglecting to take out insurance to cover loss of income through illness or death of a breadwinner... Read More...

Importance of life insurance revealed

Updated: 18th April 2017 - First Published: 09th February 2010 The importance of life insurance and critical illness cover has been highlighted after it was revealed a quarter of people will suffer a serious illness before reaching retirement age... Read More...

CI payouts improve

Updated: 26th November 2012 - First Published: 23rd December 2009 The number of critical illness insurance claims paid out by insurers has risen significantly over the past few years, according to the latest data from the Association of British Insurers (ABI)... Read More...

Aviva pays nine in ten CI claims

Updated: 03rd September 2009 - First Published: 03rd September 2009 Aviva has revealed that it paid almost nine out of ten critical illness (CI) claims during the first half of the year, with 744 claims paid out in total... Read More...

Life cover price war good news for consumers

Updated: 14th December 2016 - First Published: 28th May 2009 Consumers have been the beneficiaries of a price war in the life insurance market, according to research from Investment Life & Pensions Moneyfacts. Read More...

Scottish Widows reveals critical illness claims

Updated: 26th November 2012 - First Published: 22nd May 2009 Figures from Scottish Widows show the insurance firm paid over £28 million in critical illness cover claims between November 2007 and October 2008. Read More...

Life insurance 'should cover those with HIV'

Updated: 26th November 2012 - First Published: 06th May 2009 A call has been made for more life insurance policies to be made available to people who are HIV positive. Read More...

CI payouts improve at Bright Grey

Updated: 26th November 2012 - First Published: 28th April 2009 Bright Grey has revealed an increase in the number of critical illness claims it has paid out over the last 12 months as well as a dramatic reduction in the amount of claims it declined for non-disclosure. Read More...

Recession affecting health, study shows

Updated: 26th November 2012 - First Published: 21st April 2009 The economic downturn is having a negative effect on Britons' health, research has indicated. Read More...

Refused CI claims halve

Updated: 26th November 2012 - First Published: 27th March 2009 AEGON Scottish Equitable has revealed it declined just 9 per cent of critical illness claims last year, half the number it turned down in 2007. Read More...

Critical illness payout up at NU

Updated: 26th November 2012 - First Published: 25th March 2009 One of the UK’s biggest life insurers saw its critical illness (CI) payout increase by 14 per cent last year. Read More...

Value of mums rockets above £32K

Updated: 26th November 2012 - First Published: 16th March 2009 The value of work that mums do around the house continues to increase, yet the number that have life insurance, critical illness cover or income protection cover remains low, according to a new survey. Read More...

Smokers – quit to save a packet

Updated: 26th November 2012 - First Published: 11th March 2009 Smokers have been advised that they could substantially reduce their life insurance premiums by kicking the habit. Read More...

Life Insurance Perfect Self

Updated: 26th November 2012 - First Published: 04th September 2008 In a desire to present their ‘perfect self' to insurers and keep policy premiums low, more than 1 in 10 insured women stretched the truth about their weight (11%), while over 1 in 20 have hidden any previous or current feelings of depression. Read More...

Cost of life insurance halves in a decade

Updated: 26th November 2012 - First Published: 24th July 2008 Research from moneyfacts.co.uk has revealed the extent to which consumers have benefited from the price war that has engulfed the term assurance market in recent years and warns that some premiums may have bottomed out. Read More...

Life cover - think twice about cash back deals

Updated: 09th June 2017 - First Published: 25th October 2007 Moneyfacts.co.uk urges people looking for life assurance to assess the full cost of cover over the term of the policy when selecting the best deal. Read More...

Power of Attorney and IHT

Updated: 03rd July 2017 - First Published: 05th October 2007 The rules surrounding Power of Attorney have been changed as of October 1st, which has wider concerns when it comes to Inheritance Tax (IHT). Read More...

Guaranteed Whole of Life Plan Unveiled

Updated: 26th November 2012 - First Published: 09th August 2006 Norwich Union has launched Guaranteed Whole of Life, a product which offers a guaranteed cash lump sum upon death with no reliance on investment performance, writes Jane Baker. Read More...

ABI initiative to standardise CI cover

Updated: 21st July 2017 - First Published: 27th June 2006 A new initiative to improve Critical Illness cover (CIC) has been launched by the Association of British Insurers (ABI) Read More...


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