A recent study carried out by Zurich Insurance has shown that over half the consumers in the UK have never taken financial advice from a qualified advisor.
It may be an age related matter since the 18 to 24 year olds have the highest percentage of people without advice, 84 percent. Even for those aged 35 and over though there are still half of them who have never received financial advice. Zurich Insurance are urging everyone to consider speaking to finance professional in order to best arrange their finances.
At times of difficulty such as those being faced in the UK currently it is more important than ever to receive sound financial advice since there is a greater likelihood of problems when the economy is slow. Whether it is a Zurich Insurance financial advisor or one from another company the important element is to take advice from an expert.
According to the information provided by AA Insurance around 4,000 caravans are stolen each year in the UK, with the midlands being the area from which they vanish more than any other.
It has been suggested that the convergence of several main motorways could explain the Midlands status as caravan theft capital of the UK. With the M6 and M1, as well as the M42, all close by it is easy to get to any part of the country, traffic excepted of course. AA Insurance figures show the Midlands loses 10 percent more caravans than anywhere else.
Caravan owners should ensure their caravan is always secured, making it harder for thieves to take it away. This is especially true at this time of year, said the AA Insurance spokesman, since many people prepare the caravan on the drive prior to setting off for a trip. This is when it is most vulnerable.
The improvements made to their critical illness insurance cover by Legal and General have been supported by Only Finance, who are pleased to see positive changes in this market.
Although BUPA still leads the way with its critical illness insurance offering Legal and General have clearly taken positive steps an Only Finance spokesperson said. It is also great news that they have not used the cover improvements as a device to increase the price, thus bringing a real benefit to the consumer.
The Only Finance spokesperson also discussed the fact that it is certainly more cost effective to buy both life and critical illness cover together, saving money and also having a more comprehensive level of protection than when only taking one of them. He went on to advise purchasers of critical illness protection to ensure any medical questions were answered fully and completely, as almost twenty-five percent of claims made were rejected due to illnesses not being declared at the time of policy purchase.
