UK Insurance News

The cost of Life Assurance has fallen by half in the last ten years according to research from financial website MoneyFacts, in a report published recently.
Non smokers get the keenest deals although premiums have fallen almost as much in relative terms for those who choose to smoke. There is a differential of around 35% between [...]

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Friends Provident has warned it’s with profits policyholders that the value of it’s final bonuses will be cut by up to 50%. The warning follows the news that Friends Provident £13billion with profits fund  lost more than 7% during the first half of this year.
The company says it will maintain it’s regular bonuses but final [...]

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Asda has launched a Real Life Cover insurance plan which can provide life and financial cover via several options.
The policy, which has been developed in conjunction with LifeSearch and Fortis, contains seven elements including life, critical illness, income insurance and unemployment cover.
Clients will be able to select the cover they need and take out one [...]

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Insurance Group Endsleigh have announced that it will be closing its 119 branches by the end of the year. The news follows a strategic review of business by the company who see their future offering internet based solutions.
With over 80% of their business generated over the internet and 30% of new sales transacted online on [...]

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A word from Winston Churchill [the wartime PM, not the dog]:
“If I had my way, I would write the word “insure” upon the door of every cottage and upon the blotting book of every public man, because I am convinced, for sacrifices so small, families and estates can be protected against catastrophes which would otherwise [...]

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