A nurse has finally won her battle to get a payout on her critical illness insurance cover, after being told by the insurance company that she could not claim because of non-disclosure of medical information. The policyholder, a fifty five year old nurse, had taken out a critical illness insurance policy with Abbey National in 2001, but this had been passed over the a company called Phoenix at a later date as part of the sale of one of its divisions. Read the rest of this entry »
Popularity: 70% [?]
Consumers in the UK are paying a fortune to car insurance firms simply for making some necessary alterations to their policies, according to a recent report. Consumers seem to be stuck in a catch 22 situation, where making changes to their policy will cost them a significant price in some cases, but failing to make these alterations could result in the insurance policy becoming invalid. Read the rest of this entry »
Popularity: 58% [?]
A recent report has indicated that consumers across the UK could be wasting thousands of pounds on useless insurance policies that they can either never claim on or that cover them for something that they are already covered for by some means or another. The report comes from the consumer group Which? with officials from the group stating that many consumers are wasting money on ‘useless and expensive’ cover which in many cases is simply not needed. Read the rest of this entry »
Popularity: 81% [?]
A cancer victim has won her fight for a critical illness insurance payout from the insurance giant Legal and General. The firm had originally refused to pay out on her claim, and stated that she had failed to disclose some medical conditions when she took out the cover, and that this rendered her cover null and void. The customer ended up having to go to the Financial Ombudsman Service in order to get justice and get the money that she was entitled to. Read the rest of this entry »
Popularity: 70% [?]
A recent report has indicated that well over a million Brits will be heading off on a winter sports holiday in the 2007/2008 season. Winter sports holidays are exciting and exhilarating, but also carry an increased risk of injury, and experts estimate that of the Brits that head off on a winter holiday this season around twenty thousand will end up getting injured. Reports suggest that during the last season around one in every fifty participants sustained injuries due to the nature of the sports. Read the rest of this entry »
Popularity: 75% [?]
A recent report has shown how the floods that hit various parts of the UK earlier in the year have resulted in the cost of home insurance going up considerably, although the level at which insurance has risen is not as high as some industry professionals had predicted shortly after the flooding. Still, states the AA, the cost of insurance has risen at its fastest pace in the last decade, and many homeowners are now having to pay for the damage and cost of claims from the June and July floods. Read the rest of this entry »
Popularity: 82% [?]
Over recent years consumers in the UK have seen the UK’s supermarket giants branch out into a diverse range of products, from insurance and financial services to furniture sales and more, making big names such as Tesco and Sainsbury’s places where you can get far more than just your groceries. One of the country’s largest supermarkets has now announced that it is going one step further, by joining the plethora of price comparison sites out there, giving consumers the chance to compare prices on their car insurance. Read the rest of this entry »
Popularity: 62% [?]
The leading insurance company, Legal and General, has announced that some of its insurance staff members will be receiving valuable training from the Samaritans in a bid to teach them how to more effectively deal with the sensitive issues that often arise when it comes to insurance issues. Samaritans are trained to deal with a range of sensitive issues in a sympathetic and understanding way, and will be passing their skills on to insurance staff to make it easier for them to deal with a range of sensitive issues when dealing with insurance matters. Read the rest of this entry »
Popularity: 60% [?]
According to a recent report many parents in the UK are engaging in an illegal activity whereby they insure their kids’ cars in their own names, and then have their child added as a named driver on the policy. Of course, the reason why many parents are doing this is to cut back on the cost of cover, which can be very costly for younger and more inexperienced drivers. However, many experts state that these parents are doing their kids no real favours. Read the rest of this entry »
Popularity: 88% [?]
UK consumers that have insurance policies such as critical illness cover and life insurance cover could soon be enjoying increased fairness as a result of new regulations that could mean that insurance companies will not be able to deny claims as easily as they have been able to in the past. Insurance companies have come under fire in the past because they have denied claims on this type of cover because of information that they claim was not given at the time of applications, and this has left many claimants high and dry when it comes to making a successful claim on a policy that they have been paying the premiums on. Read the rest of this entry »
Popularity: 66% [?]