Life Assurance plans are something that everyone should have, as long as they are the most suitable for the customer. The CIS Life Insurance division is offering some handy tips to help customers make sure their loved ones are looked after.
CIS Insurance are, for example, offering customer alerts to advise of premium increases as well as identifying the best life assurance policies for those with children. A key aspect of this type of cover is the provision of income replacement, where a sum is paid on a quarterly basis to the remaining family.
A word of warning is also issued regarding Whole of Life policies, from the CIS or any other insurance company, since they are tied in to the performance of the stock market. This means that the amount payable could actually be less than that paid in.
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 Prudential, the second largest life insurance provider in the UK, has seen the Peoples Bank of China take a one percent stake in the company, worth GBP130 million.
The move puts the Chinese bank into the top 25 of institutional investors in the Prudential, though there is no feeling that the holding is leading up to a takeover bid. The Chinese bank invests in many different businesses and a one percent holding is not uncommon. Speculation came because of the Prudential developing the Asian market though the management at the insurer welcomes the investment.
Such is the activity of the Prudential in Asia that their growth for the first half of the year was 14 percent, a remarkable step forwards.
