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
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
Payouts and policies rise in 2022 Insurers supported people experiencing bereavement, illness, or injury to the tune of £6.85bn in 2022, according to latest figures from the Association of British Insurers (ABI). Upwards trend This total includes payouts from group and individual protection policies. Individual policies paid out £4.64bn on life insurance, income protection and critical illness claims, while group
