In the past the protection insurance sector wasn’t known for innovation, embracing technology or making the most of digital capabilities. But we’re gradually seeing this changing in the form of some game-changing FinTech companies, such as the re-insurer backed start-up UnderwriteMe.
For a few years now mortgage advisers have probably been warning their clients that there’s only one direction that the interest rate is going and that’s up (well I know mine has)!
We’ve heard a great deal about generation rent in recent years but what does it actually mean for consumers and advisers and has the face of the typical renter changed? The picture is certainly more diverse than it used to be.
It’s August and there’s been a lot of sport discussed in the office lately. For the football and tennis followers, there were the Euros and Wimbledon just last month. For those following cricket, the Royal London One-Day Cup series were played through July, with the Royal London ODI series continuing into August and September. And now we have the Olympics with enough different disciplines to keep many of us glued to the TV for a short time at least.
The additional requirements introduced by the Mortgage Market Review (MMR) mean putting a mortgage in place for your clients is more time consuming than ever. So is it really any surprise that 59% of UK mortgage holders don’t have life insurance in place to cover their mortgage should the worst happen? *
Having reached a certain age (it’s the new 40 by the way), I’m having to come to terms with the fact that my peers and I aren’t as immune from illness or death as we’d like to think.
Imagine you’re in the car on a fairly long journey. You’re quite some way from home when the car suddenly breaks down with no warning, leaving you in the middle of nowhere, completely stranded.