When most people think about insurance, they probably think that it is a way for insurers to make money out of people’s fear, but this is an inaccurate notion. If anything, it is the policyholders that make the most from insurance benefits, and insurers are just there to ensure that you make the commitment to […]

“Are you working?” I asked the young mother of two whose husband was purchasing a life insurance policy for himself.  She answered, “no, I’m a stay at home Mom.”  The husband told me they had thought of purchasing a policy for her, but since life insurance is “income replacement,” they would wait until she went […]

When looking at purchasing return of premium term life insurance, you should compare the difference in cost between return of premium and regular term life insurance.  You will find that there is a much greater difference in the cost between the two as one approaches older ages.  That being said, there is still a significant […]

As part of this years life insurance Awareness Month, LIFE (The Life and Health Insurance Foundation for Education, a non-profit organization dedicated to educating the public about life, health, disability and long term care insurance) has produced a great piece about the importance of life insurance and the way it provides security for families.  Visit […]

life insurance Awareness Month, the time of year that the insurance industry reaches out to educate the American public about life insurance.  LIMRA, an association that provides consulting, research and other services to insurance and financial services companies worldwide, publishes their Facts of Life, a statistical analysis of the life insurance industry.  Out of all […]

As a fan of the Los Angeles Lakers (sorry Celtics fans), I have seen some great players over the years – Jerry West, Wilt Chamberlain, Magic and Kareem, Shaq and Kobe, to name-drop a few.  When he plays his heart out, I can utter the name Lamar Odom in the same breath with the others. […]

Tough new motor insurance rules came into force this week in a bid to clamp down on uninsured drivers. The new measures, introduced on Monday, June 20, mean drivers must now insure their cars even if they are not using them, or declare them as being off the road.

Birmingham contains three of the UK’s top five postcodes for uninsured drivers, it has emerged. Although the top two worst areas are Barkerend in Bradford and West Gorton, in Manchester, respectively. Birmingham occupies the following three places in the league of shame with Small Heath, Handsworth and Saltley.

Almost a third of Britons think that taking out a fully comprehensive car insurance policy in the UK will also provide them with the same level of cover in Europe – but they could be left with a “hefty bill”, according to moneysupermarket.com.