Designed especially for the over 50 market Tesco Finance has launched a new life insurance policy that will leave a guaranteed tax free lump sum upon claiming.
There is no medical needed as long as applicants are aged between 50 and 75 and all customers who purchase the policy before 26 June also receive a GBP20 gift voucher. Applying for the Tesco Finance life insurance policy is really easy, using the phone or online.
Payments into the Tesco Finance insurance policy stop when the person covered reaches 90 years of age but the policy remains valid until death. Typically a 55 year old man who pays GBP10 per month would receive a lump sum of over GBP2,400, while a woman of the same age and paying the same amount would receive over GBP3,000.
A new policy has been launched by Direct Line that is designed especially for small pubs and restaurants. Cover is included for theft, accidental damage, as well as GBP2 million public liability as well as GBP10 million employers liability cover.
Customers taking out the cover for their businesses can also add on options for their personal premises too, with Direct Line incorporating that into the overall protection. The insurer is aware of the specific issues facing owners and operators of places like these and has created this policy to deal with such factors.
The public and employer liability are key elements of this insurance policy said Direct Line, since pubs and restaurants are prone to such things happening so the policy is structured to ensure sufficient protection is in place.
Specialist insurance provider Hiscox as selected Michael Gould to be the new Chief Operating Officer, the role commencing on June 9.
Mr Gould leaves his post at Aon to go to Hiscox, where he spent 5 years, latterly as Corporate Division CEO. He also has a background in the credit card market, with a number of posts held at Amex where he worked for 14 years.
As Chief Operating Officer at Hiscox Mr Gould will take responsibility for Operations, IT and Property Services across the group, reporting directly to the CEO. Hiscox insurance will be part of the remit, though only as part of the whole group organisation.
