Change to Insurance Premium Tax

The Government announced earlier in the year that there would be a rise in Insurance Premium Tax with effect the 1st June 2017. Of course this date is almost upon us so all should be aware that the rise will be effective for any policies (new or renewals) with effect the 1st June 2017, IPT […]

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Legal & General claims 2016

Legal & General claims 2016 An email received from Legal & General giving their life & critical illness claim statistics for 2016: In 2016 we paid over £606 million in claim payments to 12,000 of our customers. That’s £64 million more than we paid out in 2015. In fact we’ve paid out £2.6 billion in […]

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The small cost of protection

The small cost of protection Latest research shows…… 51% of families in the UK have no financial protection in place to support them if the worst happened; 72% of female business owners don’t have protection for their businesses; and the number one fear for 28% of women is their inability to support themselves or their […]

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PPI deadline (payment protection insurance)

The FCA has set a deadline of 29 August 2019 by which consumers need to make their PPI (payment protection insurance) complaints or lose their right to have them assessed by firms or by the Financial Ombudsman Service. The deadline will not apply where the complaint concerns a rejected claim on a live PPI policy […]

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