Life Insurance News

Life insurance in England is a contract that pays your dependants a cash sum, or regular payments, if you die while the policy is running. Because protection and tax rules are set by Westminster, the cover, regulation and inheritance-tax treatment that apply in England apply across the UK. You choose the amount of cover, how […]

Life insurance critical illness cover quotes give you a personalised monthly price for a policy that pays out a tax-free lump sum if you die or are diagnosed with a serious illness the policy covers. Life insurance pays out on death or terminal illness; critical illness cover (CIC) pays out on diagnosis of a specified […]

Relevant life insurance is a single-life death-in-service policy that a limited company takes out and pays for on behalf of an individual director or employee, with the payout going to their family. It works much like personal life cover, but the premiums are paid by the business, are usually treated as an allowable business expense, […]

Life insurance really does pay out on the large majority of valid claims in the UK, and ABI data shows UK protection insurers have paid at least 97.9% of new individual claims over the last decade. A life insurance pay out is the lump sum or regular income an insurer releases to your beneficiaries when […]

Life insurance can ease the squeeze on your budget when you review it properly rather than simply cancelling it, and the savings can be real without leaving your family unprotected. Average UK term cover can cost around £20 a month for £150,000 of protection, and a healthy 35-year-old non-smoker may find level term cover from […]

Critical illness cover is an add-on to life insurance that pays a tax-free lump sum if you are diagnosed with one of the specific serious conditions listed in your policy, such as cancer, a heart attack or a stroke. When you include critical illness cover with a life insurance policy, you usually pay one combined […]