Certain things can cause problems when looking for life insurance and usually these are things that can have an affect on someone’s life either now or in the future.
High cholesterol can stand in the way of life insurance under some circumstances but usually it is not too much of a problem.
If the high cholesterol has [...]

If you have debts that you simply can’t afford to repay, one option is an IVA (Individual Voluntary Arrangement). This is a formal agreement with your lenders in which you’ll repay as much of your debts as possible for an agreed period of time, after which your remaining debt will be written off.
Your payments [...]

Armed forces personnel may be under the impression their life insurance will cost more compared to a 9 – 5 office worker.
This is not necessarily the case.
Another popular misconception is that only specialist insurers can provide life insurance cover for armed forces personnel.
In actual fact, the majority of military personnel could find cover from a [...]

If there are medical conditions present it may not be possible to avoid a medical examination or a report from a doctor because without all the facts, life insurance companies are unable to evaluate the risk.
Someone who is fit and healthy with no medical conditions or health problems is unlikely to need a medical examination [...]

The two main reasons people take out life insurance are:
1/ Family
2/ Mortgage
Mortgage life insurance also provides protection for the surviving family. With the mortgage cleared the family can remain in their home without having to struggle to pay the bills on the income of the survivor.
If the survivor is a housewife with no income, mortgage [...]

Is there any benefit in couples each having their own life insurance policy?
The simple answer is yes.
There is more benefit but it may not be entirely necessary.
e.g. Let’s start with Mr. & Mrs. Jones, a mortgage of £100,000 and a life insurance policy for £100,000 over 20 years.
If Mr. & Mrs. Jones each have their [...]

In order to borrow money there are various types of loans available and the rules and expectations vary from creditor to creditor and from bank to bank. The majority of loans are grouped into two main categories: secured loans and unsecured loans.
There are various types of secured loans, the two major ones being home [...]

The ability to actually obtain life insurance is unlikely to be affected by diving however there are a few things to consider which could affect the price.
Scuba diving as an occupation and scuba diving for recreation can both be assessed by insurance companies in similar ways but they also have certain key differences.
Recreational scuba divers [...]

Nobody likes paying Tax but it is a fact of life.
And unfortunately it can also be a fact of death – in the form of Inheritance Tax (IHT) which, is why estate planning makes good financial sense.
There are certain allowances which currently stand at £325,000 per person (which can be passed to a spouse [...]

Advances in technology have led to pacemakers being developed that are extremely reliable and robust.
So much so that some life insurance are more than happy to offer cover at standard rates.
Many ailments and medical conditions can lead to a life insurance policy being ‘loaded’ or ‘rated’ because of underlying health issues.
Depending on the [...]