The Financial Services Authority (FSA) have introduced stricter fines in an effort to deter financial companies from selling products, such as pensions and life insurance, on commission – with the subsequent intention of giving consumers confidence that they are purchasing what they need by stopping mis-selling. So how will the new fines really affect consumers?
The [...]
An index annuity earns interested based on an external financial index, such as the S&P 500. Interest that is credited to the annuity is based on a formula that is linked to the underlying index. An index annuity also is usually guaranteed to pay a minimum interest rate so that investors do not lose their [...]
Planning for a good future is imperative. The present conditions may not be ideal but shaping of the future is in our own two hands and we must do so keeping in mind how uncertain things around us can be. One smart method of brightening one’s future is by buying a life insurance policy so [...]
Choosing the best life insurance policy as well as the best life insurance company is something that is based upon your personal needs. If you have a clean bill of health then you will need to look at different companies and policies than someone that has health problems. Fortunately, there is a policy type at [...]
With most households feeling the pinch due to concerns around job security, an unstable economic environment and declining house prices, most people are looking at ways in which they can reduce their monthly bills. Many people have opted to reduce those non-essential items such as overseas holidays, meals in restaurants and with pubs struggling, the [...]
If you want to get your term life insurance cheap while having adequate coverage, then you’d do well to take note of the following…
1. Dangerous sports get you expensive rates. If you really need to reduce your premium then change to safer sports.
2. A bad driving record can make you pay higher rates. Rough driving [...]
With time, the financial needs of people usually change drastically after retirement, as their bodies become susceptible to a number of ailments. At this hour, regular hospital attendance for undergoing a cornucopia of treatments simply means loads of financial burden. However, the good news is that a number of leading insurers come to the rescue [...]
Variable annuities enable you to choose from a variety of investment sub-accounts-from capital growth to capital preservation-so you choose how your dollars are invested.
A lot has been written about the features and benefits that can make variable annuities a suitable vehicle for building a retirement nest egg. For example, current tax laws place virtually no [...]
If you work for the financial security of yourself, spouse or children, what would happen if you were unable to work – or worse still – to your family if you died? Insurance for life, critical illness or permanent illness is readily available and easily understood.
We’d rather not think about it, but the fact is [...]
Gathering a list of top insurance companies is very difficult as all of them do not have the same type of needs. Different people may bring different lists of companies based on their needs. A young father living on a low budget needs life-long protection for the beloved family. He opts for a life term [...]
