Earlier this year, government statistics unveiled a troubling surge in unexpected deaths across the UK, prompting widespread media coverage, expert scrutiny, and even parliamentary debate. Amidst these discussions, experts in The Lancet shed further light on the unexpected deaths among adults aged 50 to 64, with mortality rates surpassing expectations... Read More
Critical Illness Cover – is it worth it?
A record £6.8 billion was paid out in individual and group life insurance, income protection and critical illness claims in 2021, according to the latest figures from the Association of British Insurers (ABI). More than £1.2 billion was paid out to critical illness claimants and over 18,000 new claims were... Read More
When access to the NHS is a problem, your life insurer could be a life saver
With demand for hospital treatment outstripping capacity even before COVID-19, it is no surprise that the demands of delivering care during a pandemic have led to significant backlogs and longer waits for patients. The British Medical Association (BMA) provides regular analysis on NHS capacity and their latest update states that... Read More
Essential information: why choose protection cover?
According to Financial Conduct Authority (FCA) estimates, there are over 16 million UK adults who have already bought a life insurance policy, but far fewer people take out critical illness cover or income protection. Sharon lived a normal and healthy life and was working for a large company as Head... Read More
Life and critical illness cover aren’t just for people with mortgages…
Since the early 2000’s the private rental sector has doubled in size. In 2020-21, the private rented sector accounted for 4.4 million or 19% of households and the number of households renting privately with dependent children has risen - with around 30% of private rental households having dependent children. According... Read More
Should you be financially prepared for serious illness?
For many people the global pandemic has been a harsh prompt of our own mortality and why it's important to look after your health and well-being. Being diagnosed with a critical illness is not something anyone likes to think about, but the pandemic has served as a bitter reminder of... Read More
Protecting your family’s future in times of crisis
As we meander our way out of the pandemic towards a state of near normality, who'd have thought that we would fast forward straight into the path of yet another crisis that will cause us to question once again how can we protect our families? This weeks news is of... Read More
NHS backlog: are we heading for a second health crisis?
Recent weeks have hailed the COVID-19 vaccination programme a huge success and we’ve seen that the vaccine has weakened the link between cases, hospitalisation, and death. Nevertheless, charities and health organisations have warned the COVID-19 pandemic continues to have a "catastrophic" impact on NHS services - as the number of... Read More
Insurers will pay out £2.5bn for coronavirus claims made in 2020
According to the latest estimates from the Association of British Insurers (ABI) its members expect to pay up to £2.5 billion for Covid-19 insurance claims incurred in 2020. Previously we reported that Lloyd’s had estimated a £500 million cost of UK Covid-19 claims, taking the current overall estimate up to... Read More
A monthly payment could become your life saver
It's not nice to think about what would happen if you found yourself unable to work because of a serious illness. Far too many of us adopt an ostrich-like response that the worst will never happen, or we choose to ignore how far our lifestyle could be devastated - that’s... Read More