As a business owner, you wouldn’t operate without insurance to protect your premises and vehicles, and products like professional indemnity insurance and public liability insurance to cover your business activities. But what about you and the other key people who make your business work. Those that are pivotal to its continued success? Surely these people are just as important for …
Life Insurance Options For People Over 50
Many older people don’t think they need to worry about life insurance. In fact, according to research by Moneysupermarket, just over a third (36%) of over-55s don’t currently have a life insurance policy. But the reality is that funeral costs have risen dramatically over the past 15 years, with SunLife research revealing an increase of 112% during that period. As …
Number Of Patients Waiting For Elective Treatment On The NHS Has Risen 4.6% In A Year
The number of people waiting for elective treatment on the NHS has risen by 4.6% in just one year. Today, 4.4 million individuals are currently waiting for elective treatment, which is a procedure or surgery that is chosen by the patient or physician because it is advantageous to the former, but not necessarily urgent. Of these patients, one in seven …
A Short Guide To Company Health Insurance
Unfortunately, employees get sick and experience injuries from time to time. For employers, it’s an inevitable part of running a business. But if staff illness and injury are not handled correctly, they can be very costly. On average, health-related absenteeism and presenteeism cause employers to lose 35.6 working days annually per employee. This absence equates to a staggering £61 billion …
Younger People With Dementia Face Financial Worries & Lack Of Support
While dementia is a condition that typically tends to affect people over the age of 65, it is not unheard of for it to impact younger individuals too, with early onset of the disease sometimes beginning when people are in their 30s, 40s and 50s. But, unfortunately, there is less funding and support available for younger people with dementia, and …
UK Renters Failing To Secure Suitable Financial Cover
People who rent a house are significantly less likely to have life insurance and critical illness cover than homeowners, a study has found. According to the research by Sainsbury’s Bank, only a quarter (26%) of tenants are likely to have a suitable life insurance or critical illness policy. This compares to almost half (41%) of homeowners. The ironic part is …
Nearly Three-Quarters Of UK Employees Plan To Work Beyond 65
A poll by a leading insurer has found that a significant proportion of UK employees plan to work past the age of 65, with two in five (37%) saying they’ll be working until they are at least 75. According to the poll of 1,002 full- and part-time employees by Canada Life Group Insurance, an estimated 23 million employees in the …
5 Tips For Choosing A Life Insurance Beneficiary
When you take out life insurance, one of the things you will be asked is who you would like to benefit in the event of your death, i.e. who will your beneficiary be. But while choosing a life insurance beneficiary may seem like a straightforward task, there’s actually more to it than you might think. After all, it’s an extremely …
Death In Service Vs. Personal Life Cover: Which One Is Right For You?
We often get asked by clients what the difference is between death in service (also known as group life cover) and personal life insurance. As such, here’s what you need to know about the difference between the two: What is death in service? Death in service is an employee benefit sometimes provided by employers that is designed to pay a …
PMI Most Desired Benefit For Employees – Study Finds
A new survey has revealed that a significant proportion of employees want Private Medical Insurance (PMI) added to their workplace benefits programme. According to the poll by employee services business Personal Group, four in 10 (40%) employees indicated that they would like to see PMI offered as part of their benefits package, making it the most desired benefit. Discounted gym …
What Constitutes A ‘Non-Smoker’ In The Eyes Of Insurance Companies?
For many smokers, one New Year’s resolution will have been to kick their cigarette habit once and for all. And what better time than now to give up! That’s because success rates for quitting smoking are higher than they have been for a decade. When you consider the damage that smoking does to the human body, it is obvious why …
Do You Have Prediabetes? Would You Even Know?
You’ve almost certainly heard of type 2 diabetes. Unfortunately, it’s a condition that is dramatically on the rise in the UK. In fact, according to Diabetes UK, 90% of all people diagnosed with diabetes have the type 2 form. Moreover, it is estimated that there are nearly one million people who have the condition but don’t know because they haven’t …