A recent study carried out by Zurich Insurance has shown that over half the consumers in the UK have never taken financial advice from a qualified advisor.
It may be an age related matter since the 18 to 24 year olds have the highest percentage of people without advice, 84 percent. Even for those aged 35 and over though there are still half of them who have never received financial advice. Zurich Insurance are urging everyone to consider speaking to finance professional in order to best arrange their finances.
At times of difficulty such as those being faced in the UK currently it is more important than ever to receive sound financial advice since there is a greater likelihood of problems when the economy is slow. Whether it is a Zurich Insurance financial advisor or one from another company the important element is to take advice from an expert.
A new commercial insurance product has been introduced by Hiscox Insurance designed especially for top quality venue owners.
The new Hiscox policy will be sold exclusively through brokers and will target places such as art galleries, museums, theatres and so on. Protection will include buildings and contents insurance, public liability, employer liability and also risks from the internet and email. Extras can also be added as needed, for situations such as doctors surgeries where malpractice cover may be required.
A spokesman from Hiscox was pleased to be able to offer this new product and felt that the specialised nature of the policy would lead to it being adopted by the places that need it, the value of the cover being clear to see.
A new mortgage and lifestyle protection package has been announced by Liverpool Victoria, designed to provide peace of mind for customers who suffer sickness or unemployment.
The package is quite comprehensive in what it offers, with the option of regular mortgage payment coverage or an index linked sum that will replace more living expenses in the event of difficulties. There is a lot of flexibility in the package too, with the facility to have cover running for different periods of time depending on the need.
A Liverpool Victoria spokesman explained that the protection package offered the flexibility customers wanted with simplicity and delivered the peace of mind that was sought.
