Record protection payouts recorded – proving it does pay to be insured!
If you’ve ever doubted, or wondered whether if the worst did happen, you’d get a successful payout if you, or your family, ever had to make a claim, you need not worry. New figures released today by the Association of British Insurers (ABI) and Group Risk Development (GRiD) show that... Read More 
Essential Insurance joins the Protection Distributors Group
We are pleased to confirm that Essential Insurance is one of the latest firms to join the Protection Distributors Group (PDG). The PDG was formed in 2016 to drive change in the protection market and encourage insurers and intermediaries to deliver better consumer outcomes. Over the past three years the... Read More
Business protection insurance could increase the odds of business survival
The UK is home to around 5.7 million small and medium-sized enterprises (SMEs), which accounts for over 99% of all UK businesses [the usual definition of an SME is any business with fewer than 250 employees]. However, when Turner Little, company formation agents, scraped data from Companies House for insights... Read More
Could you bounce back from an unexpected income shock?
We live in an increasingly uncertain world. In fact, for more and more people in the UK, economic insecurity has become the ‘new normal’ with at least 70% of the UK’s working population ‘chronically broke’, according to a recent study reported in the Guardian. The truth it seems is that... Read More
Every working adult in the UK should consider this…
Which? Magazine has recently confirmed that one protection policy every working adult in the UK should consider is 'Income Protection' – but if you ask your friends or colleagues whether they know what income protection is, we expect that you might be met with a blank look. The Money Advice... Read More
FOUR IN A ROW – ESSENTIAL INSURANCE RECEIVES FEEFO GOLD TRUSTED SERVICE AWARD 2019
4th February 2019, Essential Insurance is proud to have won the Feefo Gold Service award for a fourth consecutive year. The award is an independent seal of excellence that recognises businesses for delivering exceptional experiences, as rated by real customers. Created by Feefo, Trusted Service is awarded only to those businesses... Read More
Crowdfunded funerals are on the rise
According to the BBC in 2018, the funeral of a Big Issue North seller was paid for through donations raised online, but just how common are crowdfunded funeral services nowadays? Donors and well-wishers made sure Peter Toulson received a "funeral befitting of a proud, dignified, lovely man". The magazine vendor died in... Read More
Every pound of lending is a pound that needs protecting – could a partnership with a protection specialist be the answer?
Latest statistics released by the Bank of England and the Financial Conduct Authority (FCA) have shown that 2018 Q2 has seen an increase in mortgage lending activity when compared with the previous quarter. New lending that lenders have agreed to advance in coming months are at their highest level since... Read More
Budget 2018 and other reasons why cohabiting couples might consider marriage
Official figures show that unmarried couples living under one roof are the fastest growing family type in the UK, more than doubling from 1.5 million families in 1996 to 3.3 million in 2017. However, with a growing proportion of people choosing to cohabit without marrying or entering into a civil... Read More
Life insurance myths busted
Life insurance is an important part of financial planning and each day families welcome the benefit financially from insurers. The Association of British Insurers (ABI) recently reported that insurers pay out £13.9m per day in income protection, critical illness cover and life assurance. Roshani Hewa, Assistant Director, Head of Health and... Read More