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.
The Halifax has just announced that the Web Saver Extra savings account it offers will have an increased rate of interest, up now to 6.35 percent gross. The increased rate offer is applicable to all customers be they new or existing ones and it is valid on balances as little as GBP1, the minimum amount needed to open the account, up to GBP100,000. Halifax Web Saver Extra account holders are able to manage their savings online and are allowed one withdrawal each year without affecting their interest payment. Any subsequent withdrawals will see thirty days loss of interest on the value of the withdrawal. This particular Halifax savings account has been very popular with customers enjoying an excellent rate of interest, payment of which is made annually and added to the account.
According to Lloyds TSB home insurance division home workers ought to check they have adequate cover in place to avoid trouble in case of a claim. According to official data around 3 million people work from home, sixty percent of whom are self employed. This is over ten percent of the total workforce in the UK. The important point Lloyds TSB insurance want to make is that work related materials may not be covered by a regular home insurance policy so it is important to check the details. As the Lloyds TSB MD said, home based businesses and working from home generally are growing in popularity so it vital that a real understanding of different policies is needed. Get your own quote for Lloyds TSB home insurance and see how much you can save.