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News archive

October 13th, 2005 at 12:00 AM

Parents do not have adequate income protection insurance

Many families rely on two incomes to meet their needs so would they be able to cope if one partner should die? Yorkshire Building Society published research that showed that although two thirds of parents had life insurance to pay the mortgage off,...
October 11th, 2005 at 12:00 AM

Car insurance, home insurance on the up

People are paying increasingly more for car insurance and home insurance, the AA found.The last three months have seen the average comprehensive car insurance premium rise by more than one per cent, according to the insurance provider's British...
October 7th, 2005 at 12:00 AM

AA keeps Driving Other Cars clause in their car insurance policies

While the majority of motor insurance providers are changing their policies to exclude Driving Other Cars (DOC), the AA has decided to keep this provision in their policies. The AA felt that by excluding DOC it would have a detrimental effect on...
October 6th, 2005 at 12:00 AM

Pet insurance could reduce anxiety

One in five dog owners will have their "best friend" put down when they are faced with expensive bills for veterinary treatments, Direct Line Pet Insurance found.According to research by the pet insurance provider, more than £800 million is spent...
September 30th, 2005 at 12:00 AM

Life insurance now offered by the AA

One of the UK's largest motoring organisations, are expanding their financial services range by including life insurance policies. The AA already offer a competitive brokerage service for car, home and travel insurance, and as of 1 October they will...
September 23rd, 2005 at 12:00 AM

Coach crash holidaymaker wins right to compensation

A nurse from Ormskirk, Lancashire has won a landmark victory against a holiday insurance company when they refused to pay compensation after a coach crash in Turkey. Sharon Healy had to stop working after she lost her right leg from below the knee...
September 22nd, 2005 at 12:00 AM

Good holiday insurance is a must

Travel insurance provider, Churchill said the cost of accidents abroad resulting in holidaymakers being injured was £361 million. Hospital treatment was necessary for 182,000 tourists. A large proportion of claims were for theft with 58,000...
September 15th, 2005 at 12:00 AM

Five-star pet insurance by Halifax

A five-star rated pet insurance product has been launched for owners of dogs and cats.Halifax Pet Insurance and Halifax Pet Insurance eXtra are two pet insurance policies offered by Halifax General Insurance and monthly payments start from £3.50...
September 12th, 2005 at 12:00 AM

The payment protection insurance racket

The Citizens Advice Bureau (CAB) has called for an investigation by the Office of Fair Trading (OFT) into the long established practice of loan protection insurance. Investigations have shown lenders are not adhering to new consumer protection rules...
September 9th, 2005 at 12:00 AM

Insurance fraud costs UK firms millions of pounds a year

According to a recent report insurance fraud is costing UK businesses £550 million a year. The research carried out by Mori shows that the insurance industry and its customers need to be more aware of insurance fraud and to protect themselves from...
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