I have used the same insurance broker ever since I had my first car and I needed to arrange cover. They always seemed to work very hard trying to get me the most competitive premiums and the process seemed to take an hour or so and I would always walk away with a hand written cover note and a feeling that it was very expensive but I had the best deal I could get. Looking back on those days, the trust I had in the staff in that office was based on nothing other than blind faith combined with the hope that if I thought it sounded absurdly expensive I might try the insurance broker along the road. Although having already taken an hour or more to get the insurance sorted out, the last thing I would want to do is to go through the entire process again and waste my entire day off. These days of course, like virtually everyone, I no longer use an insurance broker. I use the online comparison sites and the rest of the population probably use the telephone. The online process is so advanced these days that, rather than taking half an hour, the time need to obtain a quotation is now down to 10 minutes and every form and cover notes are generated on a PDF file which arrived in your inbox within seconds. Whilst you’re on the website the system provides the facility to obtain other financial products as, from the comparisons site point of view, why stop with car insurance? Within minutes I found a site called Compare Life Insurance comparison I, arranged travel insurance and arrange a hire car to pick you up from the airport. The freedom the system allows is key, as you can access for your self a list of premiums and see for yourself how much cheaper one insurance company is over another.
I found a website named Compare Life Insurance.uk.com for genuine online life insurance quotes
November 25th, 2011I found I saved over £218 pa using the Compare Life Insurance website
November 25th, 2011Have you ever noticed that when you tell anyone at work that you are about to buy a house or a flat or get married or some thing else that’s going to radically alter your circumstances for years to come, that there’s always someone in your office or wherever you happen to work who’s got some advice which if you’d known it a few weeks earlier it would’ve saved you a load of money? The main reason for this of course is that those who’ve done something in the past simply know more about doing that than those who’ve never done it before. Those who already own a house have already been up the steep learning curve and become part of the inner sanctum of knowledge that they are always keen to impart to help give others a head start. Apart from the plethora of things you get to know about which refer to the house purchase, there are a number of other things you need to arrange. For a start you should log onto the comparison sites and get a quote for permanent health insurance, which was easy using the Compare Life Insurance website, get a second quote for buildings and contents cover and compare the mortgage quote you have with others to check it’s competitive.
Mortgageprotecioncover.uk.com, unless your choice is some screwed off insurance plan
November 23rd, 2011My wife and I sat down the on Sunday evening to watch Bergerac and half way through the first advert break there was an advert called Mortgage Protection Cover. My wife reached for the remote and paused the television program and asked me was that the insurance that our financial adviser had been discussing with us a few weeks ago. I wasn’t sure, but after the program I checked through the notes of the meeting he had sent and it turned out to be exactly what he’d suggested that we should take out. As I understand it the policy is designed to pay out a proportion of my wages should I be unable to work through illness or injury and following a set time period. We then logged onto the financial comparison websites to see if what he was offering was indeed good value and whether we could get the same type of insurance any cheaper. What I find so surprising is that virtually no one seems to know about or even heard about this type of cover. I have spoken to friends and colleagues at work and no one has heard of it which either begs the question, if no one has heard about it why not, or am I being given the wrong suggestions by my financial adviser? There could be a third option of course that is that the advice my friends and colleagues have received isn’t as good as the advice I’ve received. Anyway, it seems like a pretty good idea to me as it seems to be one of the few ways that I can protect everything else I pay for.
Never buy mortgage protection cover from any bank
November 23rd, 2011Sitting in an airport lounge waiting for a flight connection is probably the dullest way of spending time I know, apart from waiting for the AA which is also up there in my list of things I would do less than go to have root canal work done by an inexperienced dentist. The process of waiting for a plane however can be transformed by WiFi which if you are lucky enough to be able to access from one of the comfy seats rather than the wooden seats in the Starbucks franchise is all the better almost making the whole process bearable. With two hours to kill I sat down and decided to work though as many emails I could, so reducing the time I would have to spend doing this at home. On this occasion this was all going pretty well with the delete button being pressed at an ever increasing rate until I came across an email from my travel insurance provider letting me know that the cost of my renewal would be about ten pounds more than I had paid the previous year, although the increase was affordable I thought that it would be worth spending a couple of minutes getting an alternative quote as, lets face it, what else did I have to do for a few minutes? As it turned out I could save myself ten pounds on the annual premium I was currently paying. Once you’ve saved a few pounds you get a taste for it. On another table along the top of the web page I could make a comparison using a website referred to as Mortgage Protection Cover, find critical illness cover and other financial products. Saving money or rather stopping yourself wasting any more money is a tremendously empowering feeling and rather addictive.
Easy Access Savings Accounts
November 21st, 2011The top easy instant access saving accounts are available online by leading providers who are offering 3.15% easy access to your account or 3.6% annual rates. Currently saving account rates are at its lowest peak. Still, there is ways to save money.
You can save money by finding the best easy access savings accounts on the Web. Some of the best deals include 3.15% easy access. You can stash the cash away in your fixed savings and earn up to 4.7 percent.
Easy access rates are:
- 3.15% on average, which includes bonus Read the limits on withdrawals.
- 2.75% clean easy access rates
- 4.25% fixed rates up to two years.
Keep in mind, banks will offer temporary hikes on interest to lure you into opening a savings account. These offers may be temporary and will not last. Read the fine print, terms & condition, and other details before you open a savings.
Before you open, an account be sure you understand what control you have over your money. Easy access can mean short-term, or it could mean that you can only make four withdrawals in a year to get the interest amounted offered to you when you signed up. Read the rest of this entry »
Protect your mortgage payments with mortgage protection insurance
November 14th, 2011My daughter has been working in London and for years she has rented as the costs of homes were beyond her. Fortunately we have been able to help her with a deposit and she recently purchased her first home and has her foot on the first rung of the property ladder. As the economic outlook is rather uncertain I insisted that she took out some mortgage protection insurance which would provide some financial cover should she lose her job, a cover I have had in place since I was advised to do the same at a similar age. Fortunately I have never had the necessity to call upon it, however, no one knows what is around the corner and I would felt guilty of hypocrisy had I not suggested she put something in place and something bad had happened to her. Hopefully, like myself she won’t have the occasion to call upon the policy but a financial safety net will have been put in place which protects her finances in the years ahead.
Critical illness cover was an imperitive for my daughter
November 14th, 2011My daughter has been working in London and for years she has rented as the costs of homes were beyond her. Fortunately we have been able to help her with a deposit and she recently purchased her first home and has her foot on the first rung of the property ladder. As the economic outlook is rather uncertain I insisted that she took out some critical illness cover which would provide some financial cover should she lose her job, a cover I have had in place since I was advised to do the same at a similar age. Fortunately I have never had the necessity to call upon it, however, no one knows what is around the corner and I would felt guilty of hypocrisy had I not suggested she put something in place and something bad had happened to her. Hopefully, like myself, she won’t have the occasion to call upon the policy but a financial safety net will have been put in place which protects her finances in the years ahead.
IVA Ten Important Positives
October 20th, 2011There are plenty of reasons why an Individual Voluntary Arrangement, or IVAs, could be the ideal debt relief strategy for you. The IVA is a legally binding agreement between you and your creditors, replacing your original debt repayments with a new affordable compromised structure.
But why choose an IVA. Here are our ten biggest reasons:
- Affordability – The monthly repayments of the IVA are designed to be affordable. Debtors can pay whilst getting on with their lives.
- Fixed Term – An IVA runs over a fixed term (maximum 5 years) and debtors know exactly when the process will be complete.
- Debt Write Off – When the fixed period expires, whatever debt remains is written off. Creditors agree the terms and the timeframe; then you simply complete it.
- Privacy – IVA’s are private agreements, not published in the press, nor is your employer notified. The arrangement is between you, your creditors and the insolvency practitioner.
- Professionals – An IVA is an alternative to bankruptcy if you have debts of £15,000+ but cannot apply for bankruptcy due to the nature of your occupation.
- Protection – Once they have agreed to the IVA, your creditors forfeit the ability to take legal action against you to recoup debt. This means that you can avoid any court proceedings.
- Binding – Once the terms of the IVA are agreed your creditors cannot insist upon changes to your debt repayments. An IVA is a legally binding agreement for you and your creditors.
- Security – Your home is not at risk through an IVA, unlike bankruptcy proceedings which would place all of your assets at risk, even your home.
- Permanent – An Individual Voluntary Arrangement is a permanent solution to your debt management problems, and when you’re done, your debt problems will be eradicated.
- Satisfaction – When carrying out the terms of an IVA, a debtor does not suffer the same stigma that is attached to bankruptcy. The debtor pays all that they can afford to pay.
Learning to love form filling for mortgage protection insurance
October 17th, 2011I had always expected to become a teacher as both my mother and father had been teachers. It didn’t help by the fact that I had never really contemplated doing anything else and upon leaving school with the appropriate A levels for a teacher degree, I duly started at Teacher Training College. Three years later I was applying for teaching jobs in my home town, as I had never really contemplated working elsewhere. I married my child hood sweetheart and started a family with two lovely children and everything was wonderful. Wonderful apart from the fact that I really didn’t enjoy my work. I loved the teaching side of things, but all the form filling and unnecessary rubbish we had to do to support the vagaries of whatever the government of the day had decided that we should do to teach our children in a slightly better way than we had done the year before. This carried on for years and I grew to despise the job and tried to lose myself at weekends in whatever DIY project I had at the time. I loved the way that no one was there to tell me that I had to do it another way or that I had to fill in a form for someone so that they could produce a piece of analysis that would inevitably be used to tell me that I wasn’t as good as someone else, somewhere, and because of this I would have to produce another action plan saying how I would improve, and so on and so on.
Anyway, one morning I decided that I would chuck it all in and become a full time do it yourself man and six years later I haven’t looked back. I am finally independent in mind and body, I love my work and I’m probably a better person for it. I have had to become financially literate and now know my income protection policy from my mortgage protection insurance and my VAT rates from my National Insurance but that’s ok. I can deal with form filling when it comes to getting a better deal.