What happens if you don’t have insurance? According to a recent survey, 28% of young adults with a mortgage do not have life cover. So, why is this a problem and what happens if you don’t have insurance? We explain the consequences of not having different forms of protection for you and your loved ones. No insurance leaves loved ones
How Does Income Protection Insurance Work? According to the Building Societies Association, it’s the most expensive time to be a first-time buyer in over 70 years. There are many things to consider when you buy your first home, including government schemes to help first-time buyers get onto the property ladder. In this blog, we look at the latest legislation relating
How Does Income Protection Insurance Work? There are various insurance policies that could be used to protect your income in different circumstances. However, income protection is a specific policy that provides you with a level of income when you need it the most. So, how does income protection insurance work? In 2023, the number of individual protection policies bought reduced
Do you need insurance for illness cover? As nobody can predict the future, you can never be sure that you or your family won’t experience a serious illness or injury. Insurance for illness cover provides you with an important financial buffer should you fall ill and find that you are unable to work. We look at how this insurance works
Are you coming to the end of your mortgage term? The recent fall in interest rates is good news for many homeowners. However, if you are coming to the end of your mortgage term, then it’s still worth exploring your options. Compared to the past decade, mortgage rates are still relatively high, so you won’t want to get stuck on
Why you shouldn’t cancel your insurance Although it might feel tempting to cut costs, there are many reasons why you shouldn’t cancel your insurance policies. In uncertain economic times, it’s more important than ever to have the appropriate cover in place. This can also ensure that you don’t pay a bigger price later down the line. The right approach is
Should you consider remortgaging your home? Whether it’s debt consolidation or to free up some cash, there are various reasons why people consider remortgaging their home. Although mortgage affordability has improved over the past year, many people are still paying high levels of interest on their mortgage. In some cases, remortgaging could enable you to find a more suitable deal
Looking for a mortgage for a new home? Home movers needing a mortgage for a new home might be wondering what the property market has in store for the rest of 2024. Last year there was a great deal of turbulence when it came to mortgage rates. Mortgage affordability was low, but this did improve at the end of 2023.
Do you need life insurance? Life insurance can help your loved ones in the event of your death. But do you really need life insurance and is it essential? Many people find that life cover gives them greater peace of mind for their family’s financial security if they were to unexpectedly pass away. We look at the benefits of this
The Importance of Insurance Against Loss of Income Income insurance is a valuable type of policy. Insuring against loss of income could provide you with an important financial buffer if you were to fall sick or have an injury. In this blog, we look at why you should consider income insurance and how this type of policy works. In 2023,
