Are we ready for a longer life?

Are we ready for a longer life?

It’s a fact people are living longer thanks to advances in medical care and an increasing awareness about how to live our lives in a healthier way.  This is great news for mankind but are we prepared for a longer life?

People are buying their first homes later, starting families later and often working into their retirement years (or past it with the abandonment of ‘Default Retirement Age’).

As these key financial milestones are now often occurring later in life, it’s important that people review their life insurance to ensure they’ve not only got enough cover in place, but that the length of time they have it for is also adequate.

Continue reading “Are we ready for a longer life?”

Survey concerns over Income Protection policies paying out seem unjustified

A survey from British Friendly has show that only 2% of self-employed people surveyed believed Income Protection policies paid out 90% of the time and 45% believed that the main reasons claims were declined was insurers deliberately trying not to pay. This is despite the industry average for accepted Income Protection claims exceeding 90%.

Continue reading “Survey concerns over Income Protection policies paying out seem unjustified”