- Life insurance is the most important insurance of them all.
- About 20 years ago, little old Trumpo was an insurance salesman and always believed that life insurance should be the No 1 priority when planning your finances.
- Mon 8th Mar 2010
- Stamp duty return hits first time buyers for six.
- In what can only be described as a dramatic drop in new mortgage lending last month, it appears to be the return of stamp duty that has put the boot in.
- Mon 1st Mar 2010
- Northern Rocks bad bank is not that bad after all.
- Trumpo learns that people are able to move their Northern Rock mortgages to new properties.
- Thu 18th Feb 2010
Consumers urged to seek advice over insurance
Tue 22 Jan 2008 4pm
People should always ask a professional for advice before committing to an insurance policy, according to a member of the British Insurance Brokers' Association.Graeme Trudgill, technical and corporate affairs executive at the organisation, said that consumers should seek professional help in order to secure the policy most suited to their needs, particularly when arranging life insurance and critical illness cover.
Mr Trudgill also warned that the most competitive price is not always the best indicator of a good policy and said that brokers can help customers to understand what information to include on their insurance forms.
He advised: "Don't just go and surf the internet and buy the cheapest thing you can find.
"Speak to an insurance broker who can give you the right advice on the right policy for you. They will make you aware of how you have to disclose things, like pre-existing medical conditions."
Nick Kirwan of the Association of British Insurers recently said that the UK is "hugely underinsured" for life cover.
