Household Cost Pressure Can Put Existing Life Cover at Risk
Fresh cost-of-living pressure is forcing households to review monthly bills, but cancelling protection without checking alternatives can have lasting consequences.
Browsing articles filed under life-insurance.
Fresh cost-of-living pressure is forcing households to review monthly bills, but cancelling protection without checking alternatives can have lasting consequences.
Fresh industry guidance on economic abuse is a reminder that insurance administration, communications and beneficiary arrangements can carry real safety implications.
Insurers are placing more emphasis on practical and emotional support during bereavement, alongside the core task of assessing and paying valid claims.
Updated longevity discussion highlights a planning tension: people may live longer overall, yet families still need to consider the financial effect of an early death.
More updates, guides and practical commentary to help you understand life cover before you compare options.
The FCA’s final protection-market findings are expected in the third quarter, keeping advice, product value and consumer understanding under scrutiny.
Fresh reporting on inheritance-tax treatment has highlighted the cost of life insurance proceeds being paid into an estate when a suitable trust was intended.
New reporting on financial help between generations highlights how family commitments now extend beyond the traditional mortgage-protection calculation.
The FCA is consulting on simplifying parts of the insurance rulebook, raising questions about how firms can reduce complexity without weakening customer understanding.