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The importance of protection
Updated by Advisory Financial Services on Friday, August 25, 2023Everybody knows that life has a funny way of turning out differently to how we expect it to. When faced with the unpredictable twists and turns of fate, it is comforting to have the support of the right protection policy for your needs.
Rising bills reinforce need for protection
With rising house…
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Considering choosing a ‘mammoth mortgage’?
Updated by Advisory Financial Services on Tuesday, August 8, 2023A standard mortgage used to run for 25 years but there is a growing trend for so-called ‘mammoth’ loans spread over up to 40 years as first-time buyers and movers opt for lower monthly payments.
A dramatic increase
According to UK Finance, the last two years have seen a dramatic increase in 40-yea…
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Payouts and policies rise in 2022
Updated by Advisory Financial Services on Wednesday, July 26, 2023Insurers supported people experiencing bereavement, illness, or injury to the tune of £6.85bn in 2022, according to latest figures from the Association of British Insurers (ABI).
Upwards trend
This total includes payouts from group and individual protection policies. Individual policies paid o…
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Protect your biggest investment with Income Protection
Updated by Advisory Financial Services on Thursday, July 13, 2023Buying a property is the biggest purchase most people will ever make and mortgage repayments tend to be most homeowners’ largest monthly expense. Despite this, many don't back up their investment with the right level of protection.
If you were to fall ill and be unable to work, would you be able to…
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‘Squeezed middle’ falling short on cover
Updated by Advisory Financial Services on Thursday, July 6, 2023Fewer than half of households have enough life cover to protect their family, according to new research1 that reveals a worrying gap for the “squeezed middle.”
While 44% of households have enough life cover to protect their family, the figures for those aged 30 to 34 (30%) and those aged 35 to 39 (…