Majority of mums unprotected
Friday, 07 August 2015
A study by Scottish Widows has revealed that the majority of mums are unprotected against financial shocks. 60% of women with dependent children had no life cover in place, with only 13% having taken out a critical illness policy. Just under a third of mothers said that if they were to lose their income unexpectedly,
- Published in Childrens Protection, Life insurance, News
Family businesses left open to risk
Friday, 07 August 2015
Research by Legal and General has revealed some startling statistics regarding UK family businesses. The study showed that less than half have a succession plan in place, to protect them against the impact of critical illness or death. The provider found that only 42% of the 800 small to medium businesses surveyed had any type
- Published in Business insurance, Critical illness, Income Protection, Keyman, Life insurance, News
Chancellor calls for Inheritance Tax review
Friday, 07 August 2015
The Office of Tax Simplification (OTS) has received a letter from Chancellor Philip Hammond, asking for a review of the current Inheritance Tax (IHT) system, to ensure it is as simple as possible for everyone involved. Mr Hammond told the OTS that the current system in which IHT works is too complex and needs to
- Published in IHT, Life insurance, News
AIG reveal Instant Life offering
Friday, 07 August 2015
AIG Life has launched a level term insurance plan with an application time of less than eight minutes. The Instant Life plan is a new offering as part of AIG’s strategy to challenge the market and make it easier for advisers to do business. Advisers can now work through the application with their client, on
- Published in Life insurance, News