Funeral costs soar 4.7% in a year, to over £4,000
The annual Cost of Dying report, published this month by SunLife, reveals that the cost of a basic funeral has risen for the 14th year in a row and now stands at £4,078, an increase of 4.7% in just one year and a huge rise of 112% since they started... Read More 
‘Generation Rent’ exposed to financial risk
The percentage of households privately renting in the UK is ‘on the up’ according to a report published by the Department for Work and Pensions earlier this year and the percentage of 35-44-year olds privately renting has more than doubled in the last ten years. If you're one of the... Read More
Debt caused by rising funeral costs reaches an all-time high
The Royal London National Funeral Cost Index 2017 reveals the average cost of a funeral has increased by 3% from 2016 and now stands at £3,784. Funeral debt has also risen to an all-time high of £160 million as people borrow from friends and family or the bank to cover... Read More
Mistrust could put families at unnecessary risk
Over the years, you may have read tabloid stories exclaiming, “Mother-of-two dying of ovarian cancer is refused life insurance pay out". Disturbing news, if you’re one of the 26% of UK adults who are regularly paying your life insurance premiums. After all, what’s the point of making regular payments if,... Read More
Parents tell of the life-changing impact illness can have on family finances
More than one in four (27%) families have experienced a loss of income due to ill-health, serious illness or death within the family, according to a study by Aviva. The experiences of families who have encountered an unexpected loss of income have been published in Aviva's Protecting Our Families report. Their... Read More
The true value of life insurance
Coming to terms with the death of a loved one is hard enough. But with the possible added financial pressure of losing an income, this can make a distressing situation even more difficult to cope with. Yet, in a recent survey conducted by Aviva, 68% had no plan for dealing... Read More
Almost half of UK adults say life insurance is essential
47% of all people in a recent survey commissioned by Royal London say that life insurance is essential for anyone with a mortgage or dependants. However, whilst so many of us recognise a need for protection cover this doesn’t necessarily translate into an action to buy. The research was done... Read More
The cost of being ill
When there is a vicious bug going around the office or if someone you know has a terrible cold, have you ever thought, ‘please don’t let me get ill, I can’t afford to be off work’? I know I have – because I’m worried about my workload and having to... Read More
More Brits insure their phone and their pet, than take out critical illness cover
I know how much people love their pets (and how much it can cost to pay vet fees). I also know how much it costs to buy the latest mobile phone and so I understand why many of us choose to take out pet and phone insurance –18% of UK... Read More
One in four families have lost income due to ill health, serious illness or death
Figures revealed in a recent report by Aviva show that unexpected loss of income is sadly much more common than people might think - with 27% of people surveyed experiencing a loss of income due to ill health, serious illness or death, 11% experiencing long-term loss of income and 7%... Read More