More than a million drive uninsured -
Your Money - Mon 12 May, 11:17 AM
Around 1.15 million people have driven a car in the last 12 months without having insurance, according to Sainsburys Car Insurance.
Research from the insurer found that nearly two fifths of people who have driven without insurance were aged between 17 and 24, with a further 22% aged between 25 and 34.
Penalties for those caught driving [...]
FEATURE: A private matter -
Your Money - Fri 09 May, 04:28 PM
Kate ORaghallaigh examines private medical insurance and the benefits it could provide
None of us welcome the thought of becoming ill or injured, however, the reality is that at some point in our lives, many of us will require professional healthcare of some sort. Whether we are willing to rely on the NHS for this [...]
Motorists not checking insurance small print -
Your Money - Fri 09 May, 10:05 AM
Thousands of UK motorists not reading the small print on their insurance policies are running a major risk of not being covered to the extent they think they are, according to Swift Cover.
The research found British drivers to be extremely confused as to what is and isnt covered by their insurance. For example, while eating [...]
Ads for investment products non-compliant -
Your Money - Fri 09 May, 09:28 AM
An estimated 42% of advertisements for investment products were found to not comply with all of the Financial Service Authoritys (FSA’s) regulations, according to the Consumer Panel.
Following the FSAs call for insurance comparison websites to be clear, fair and not misleading, research from the Consumer Panel found that 43% of mortgage adverts were found to [...]
Travel insurance has never been cheaper, says Defaqto -
Your Money - Thu 08 May, 10:11 AM
A report from financial research company Defaqto shows that most travel insurance policies have never been cheaper than today.
With the growth in overseas travel showing no signs of slowing the need for travel insurance has never been greater. The number of trips abroad grew by over 17% between 2002 and 2006 and Britons are travelling [...]
Brits willing to submit fraudulent car claims -
Your Money - Thu 08 May, 10:09 AM
Over 11 million British motorists would make a fraudulent claim to avoid jeopardising their insurance claim, according to Moneysupermarket.
The survey asked motorists what they would do if they had failed to secure their car properly and it was stolen. Just over a third said they would tell their insurer the truth, but another 33% would [...]
Six million motorists switch car insurance -
Your Money - Wed 07 May, 08:51 AM
More than six million people switched car insurance provider over the past six months in an effort to stave off rising car insurance costs, according to MoneyExpert.
The independent comparison website warns car insurers are expected to hike prices by up to 10% this year because of rising claims and is urging motorists whose policy is [...]
One in 10 Brits have no home contents insurance -
Your Money - Tue 06 May, 12:45 PM
Some 4.7 million UK adults do not have any home contents insurance, research from Sainsburys Home Insurance has revealed.
Those living in London are most at risk from not having contents cover, with 22% of the adult population in the capital opting to do without this. Worryingly, a further 5% of those in London were unsure [...]
Private medical insurance on the rise -
Your Money - Wed 23 Apr, 10:13 AM
The number of people covered by private medical insurance (PMI) broke the six million mark for the first time in five years, according to figures from the ABI (Association of British Insurers).
In 2007, over six million people were covered by either personal or corporate PMI, with a further 1.1 million covered through healthcare trust arrangements. [...]
A quarter of Brits commit car insurance fraud -
Your Money - Fri 18 Apr, 09:52 AM
One in four British motorists admit theyve lied on an insurance application, according to research from insurance.co.uk, a comparison site.
The research reveals a widespread habit amongst the nation at large for fabricating details in insurance applications in an effort to cut costs, with the catalogue of lies ranging from the seemingly innocent to the more [...]
