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 what we need to get money for there are various types of loans standing for our services. Loans, rules and expectations vary from creditor to creditor, from bank to bank. But the majority of loans are grouped into two main categories: secured loans and unsecured loans. Unsecured loans are the ones easy [...]

The ability to obtain life insurance is unlikely to be affected by diving however there are a few things to consider which could affect the price.
Diving as an occupation and diving for recreation can both be assessed in similar ways but they also have certain key differences.
Recreational divers are not required to be highly qualified [...]

Nobody likes paying Tax but it is a fact of life.
It is also a fact of death – in the form of Inheritance Tax (IHT)
There are certain allowances which currently stand at £325,000 per person (which can be passed to a spouse giving a total of £650,000) but for estates valued above the allowance [...]

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 [...]

A large number of people in the UK are living with HIV and many are leading very normal lives.
Many people with HIV have existing mortgages and family and so a need for life insurance exists.
Until recently it has not been possible for people with HIV to obtain life insurance but that is no longer the [...]

A stroke can radically affect someone’s life.
Being the victim of a stroke is something that will immediately bring home just how vulnerable we all are and remind us of our own mortality.
When that happens the thought of leaving loved ones behind becomes much more of a real concern.
Life insurance can provide a lump sum or [...]