Why Income Protection Insurance Makes Even More Sense To Employers It is interesting how group income protection is rising in popularity by the day in the corporate world It just goes to show that the protection of an employee's income is important to both the individual and the employer In fact in some cases it may impact the company much more than it impacts the individual more so if the person was a key member of staff But what exactly is group income protection insurance? Group income protection ...

Life Insurance - Smokers And Overweights Pay Over 50% More! The life insurance industry is becoming tougher on smokers and those of us who are overweight When an insurance company calculates its premiums, it has to work out the risk of you dying whilst the policy is in force (Or with Critical Illness Insurance, the risk that you will become critically or seriously ill during the policy's term) In this context, smoking and obesity have become increasingly important issues The life insurance industry pointedly ignores the views of ...

The Importance Of Critical Illness Cover The Importance of Critical Illness Cover No-one likes to contemplate the possibility that they or their family might become critically ill However, since 20% of all men and 25% of all women in the UK become critically ill before retirement age, it is important not just to consider the possibility but also to prepare for it happening What is Critical Illness Cover? Critical illness cover enables you to do this by giving you financial security if you become seriously ill by giving ...

Planning For Retirement Activities Planning for Retirement Activities Retirement doesn't mean the end of an active lifestyle Quite the contrary, it opens up new opportunities for many new activities Some retirees substitute voluntary community work for their former work This gives definition or meaning to their roles after retirement Household work, volunteer work, family roles and community service actually increase after retirement The familial roles of grandparents increase because of the expanded time available for travel The skills and knowledge acquired before retirement have value in the life of a ...

The Growing Popularity And Importance Of Critical Illness Cover The Growing Popularity and Importance of Critical Illness Cover Critical illness cover is one of the most popular and fastest growing insurance products available in the UK This is shown by the fact that there was a 31% increase in the number of critical illness insurance policies sold between 2001 and 2003 What is Critical Illness Cover Critical illness insurance pays out a tax free lump sum to policy holders if they are diagnosed with a serious illness which ...

Big Changes On The Horizon For Critical Illness Insurance In recent years sales of critical illness insurance have flagged The primary cause is the huge 70% increase in premiums experienced during recent years For many, critical illness insurance has simply priced itself out of the market It's not that critical illness insurance is a bad idea After all it pays out a lump sum if the policyholder is diagnosed with one of the many critical illnesses listed on the policy and the policyholder survives at least 28 ...

Long term assistance guide Long term care basically relates to the care or assistance that is needed when the individual is rendered incapable of taking care of his own self The people who have taken retirement from their work and are dwelling on petite pensions most often constitute this category Human life is always standing at threshold of tomorrow One stage of this precarious life is followed by the other and there comes a stage in everybodyÂ’s life when he ...

Are You Suffering From Payment Protection Overload? Critical illness insurance: Critical illness insurance will cover you in the event of a serious illness such as cancer, coronary artery by-pass surgery, heart attack, kidney failure, major organ transplant, multiple sclerosis and stroke Additional conditions covered by this insurance can include aorta graft surgery, benign brain tumour, blindness, coma, deafness, heart valve replacement or repair, loss of limbs, loss of speech, motor neurone disease, paralysis/paraplegia, ParkinsonÂ’s disease, terminal illness and third degree burns ...

So, Do You Need Financial Planning? Well do you need Financial Planning? In this article, I will show you how you can answer this question Immediately after we complete our college education, we automatically participate in a race call rat race Everyone started the race with a cart In this cart, we have personal bills, loans and our allowance As we are single, everything is good and manageable We can spend what we earn without worry Then we meet our ...