Tell your insurance company if you get married

Couples who decide to tie the knot and get married are being urged to make sure that they let their vehicle insurance companies know, as otherwise they could end up missing out on a substantial saving on their premiums. According to industry experts couples that get hitched could be in line for a significant saving [...]

Twelve year old boy gets insurance bill for £150

A boy aged just twelve years of age has recently been sent a bill for £150 by an insurance company after he was in a collision with a car. Direct Line, the insurance giant, sent the £150 bill to the boy after he was involved in an accident on his bike that also involved a [...]

More people cancelling insurance policies

The recession and the global credit crunch have had a profound effect on the finances of many households, and families have had to make all sorts of cutbacks in order to cope with the changes in their financial situations. However, worryingly it seems that some have now resorted to cancelling important insurance policies in order [...]

Lenders to stop selling single premium PPI by end of May

UK authorities have said that lenders in the UK must stop selling single premium PPI by the end of next month, otherwise they could face serious penalties. Single premium PPI is a type of payment protection insurance that has been under fire for some time because of the costs involved for consumers, as well as [...]

Insurance firm refuses to insure musicians despite leading ad man

One insurance company, Swiftcover.com, has taken on rock legend Iggy Pop to head its television marketing campaigns and try and entice consumers into contacting them for insurance cover. However, despite using a well known musician to head its campaigns it has emerged that the insurance firm has refused insurance to musicians, which has outraged many [...]

Government measures could mean higher insurance premiums

According to a recent report measures that are being taken by the government could result in consumers being charged higher premiums for certain types of insurance cover. It is thought that the types of insurance cover that could be affected by higher premiums include vehicle insurance and travel insurance.
The higher costs are likely to come [...]

Twelve hundred jobs to go, states insurance giant

A leading insurance giant has recently announced that it has to shed around twelve hundred jobs in the UK by the middle of 2010. Royal Sun Alliance has reported strong financial results, but despite this has said that it will still need to shed the many jobs in order to ensure that performance remains strong.
Around [...]

Sale of PPI with credit agreements to be stopped

Many campaigners and PPI critics have welcomed recent news from the Competition Commission with regards to the sale of payment protection insurance alongside credit agreements. The Competition Commission has stated that from 2010 the sale of single premium PPI alongside credit agreements such as loans and credit cards will be banned.
As part of the new [...]

Millions of pounds worth of premium bond prizes gone unclaimed

In the current economic and financial crisis it would be natural to think that most people would be desperate to get their hands on any cash that they were entitled to. However, according to a recent report millions of pounds worth of premium bond prizes has been left unclaimed by just over half a million [...]

Insurer’s material was misleading

According to a lawyer that works in the area of financial services, information that was provided by insurance giant Standard Life was misleading, and the lawyer has said that the insurance company needs to look at its material and determine whether compensation needs to be paid out over the matter.
The material related to its Pensions [...]

Next Page »