As the credit crunch adds to the strain many families are facing, Legal and General are advising people to look at financial protection products to help ease the stress.
A Legal and General spokesman highlighted the key areas that the credit crunch is impacting on, with mortgage rates on the rise, fuel and food costing much more year on year and council tax bills also eating into what are relatively unchanged incomes. If anything were to happen to those bringing the income in then the family would very quickly face difficulties.
The Legal and General view is that family protection is essential and they offer monthly income replacement cover for a defined period should the holder of the policy suffer a critical illness or pass away.
Tesco Finance are advising potential customers that health insurance could be provided for just GBP1.50 per day.
The figure quoted for Tesco Finance health insurance is based on someone living outside London, 35 percent no claims discount and a GBP100 excess. There are 3 different health insurance products offered by Tesco, with the cheapest Core health cover available for less than GBP15 a month for a 20 year old, up to GBP45 for a 55 year old.
The view of Tesco Finance is that their health insurance combines a simple package with excellent value. Those under 75 do not need to answer any medical questions and there are three packages available.
Buying dental insurance can prove less expensive than relying on the NHS or a private dentist it has been claimed by Tesco Finance.
Estimating the typical six monthly check up at the dentist to cost GBP15.90 on the NHS or GBP40 privately and adding in one piece of dental work, such as a crown, Tesco Finance ran the numbers to see which option would prove best. They took the normal price of a crown as GBP194 on the NHS or GBP341 privately.
In a one year period then, with two check ups and one crown being fitted Tesco Finance calculated the total cost of NHS dental treatment to be GBP225.80, whilst a private dental practice would charge GBP421. This compares with an annual dental insurance premium of GBP107.40 using an NHS service, or GBP203.40 using a private one. Clearly there are savings of almost GBP120 to GBP150 available.
For a great deal on Dental Insurance get a quote today.
