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The Nationwide Building Society has just launched a new range of investment bonds, with interest rates of up to 6.8 percent per year. There are a couple of e-bonds, sold online only and only available to those who have, or are taking out, a Nationwide Building Society FlexAccount. A loyalty bond is also in the set of newly launched products, this on offer to customers of at least three years standing. The savings director of the Nationwide Building Society felt that the rates being offered on these investment bonds were some of the best on the market and was expecting demand to be high.
A new survey carried out by Tesco Finance has come to the conclusion that van drivers are the safest motorists on the UK roads. The study looked at insurance claims, finding a lower percentage of van insurance claims than any other type of vehicle. Tesco Finance also found that more drivers of vans receive extra training on the roads than other motorists. Perhaps then the traditional view of van drivers is out of date and should be revised. With van insurance claims so low they may well be good drivers and should see lower premiums as a result. The counter view that Tesco Finance did not mention in their report was that it could just be that van drivers do not always make a claim when they have an accident. If you look at the knocks and scrapes on many vans this could be a real possibility.
New health insurance customers at Tesco Finance will be able to include their children for free on the first 12 months cover. The offer is applicable on applications made between 29 May and 23 July 2008. With regard to value a typical price has been calculated for Tesco Health Insurance, using as an example two parents, living in Edinburgh, aged 35 who do not smoke. With a GBP100 excess and paying monthly they and their two children can have medical insurance for just GBP47.04 on the Tesco Core policy, or GBP79.02 on the Premium option. Taking the same family make up and moving them to London the corresponding premiums are GBP61.40 and GBP101.50. All prices are per month. A Tesco Finance spokesman was happy to be able to offer such good deals since it helps families save money during some difficult times.
