UK Insurance News

Welcome to our insurance news section of Insure121.com.

• Insurers and consumers don't trust one another [07.06.07]
  According to recent research there is mutual distrust between insurance companies and customers, with customers thinking that insurers will do everything that they can to get out of paying a claim, and insurers thinking that customers will do all that they can to get money off them, even if under false pretences.
• Nottingham residents should ensure that their insurance cover is adequate [04.06.07]
  According to the results of a recent survey carried out by a UK insurance company residents that live in the Nottingham area are at double the risk of becoming a victim of burglary than those living in other parts of the country.
• Campaign launched over travel insurance for cancer victims [03.06.07]
  The Macmillan Cancer Support charity is launching a campaign over the unfair treatment of cancer victims when it comes to getting travel insurance.
• Millions of pounds wasted on convenient insurance policies [29.05.07]
  A recent report has indicated that Brits are wasting millions of pounds every year simply by failing to shop around for home insurance deals, and instead opting to take the insurance that is offered by their mortgage lender.
• Insurance companies may reject higher life claims [26.05.07]
  According to some financial experts insurance companies are more likely to reject a life insurance claim if the claim is for a large amount. The claims are made by financial services support threesixty.
• Life saving cancer drugs available through insurance policy [14.05.07]
  A new stand alone insurance policy has been launched by a leading insurer, and offers policyholders a lifetime benefit of fifty thousand pounds towards lifesaving cancer drug treatment for a nominal annual premium.
• Insurer reports drop in number of claims rejected [13.05.07]
  One of the UK's leading insurance companies, Standard Life, has reported a significant fall in the number of claims that are being rejected in relation to critical illness.
• Insurance firms providing poor sales quality through cold calls [09.05.07]
  The FSA is now warning insurance companies to improve their standards when making unsolicited calls to consumers, and to refrain from rushing consumers into making a decision.
• Look out for hidden vehicle insurance charges [08.05.07]
  Drivers in the UK are being urged to look at their vehicle insurance policies in order to determine whether there are hidden charges involved – charges that are designed to make the consumer shell out even more money and help the insurance companies cash in.
• A new type of buildings and content insurance cover [04.05.07]
  Consumers in the UK can start enjoying the benefits of a new type of insurance cover from a new home insurance provider.
• Environmentally friendly drivers could pay through the nose [27.04.07]
  Recent research that has been carried out by Moneysupermarket suggests that environmentally friendly drivers that opt for eco-friendly vehicle insurance policies could actually end up paying a significant amount more than with a standard vehicle insurance policy, making it increasingly difficult and expensive for driver to ‘go green’.
• Life insurance not a priority amongst younger consumers [24.04.07]
  According to recent research, the number of younger people taking out life insurance policies in the UK has dropped, suggesting that this type of protective insurance policy is not amongst the priorities of younger people.
• Concern over travel insurance accessibility for pensioners [24.04.07]
  Recent figures from Age Concern have shown that although there has been an increase in the number of pensioners deciding to holiday abroad over recent years, travel insurance cover to this age group is extremely difficult to access, causing concern over the lack of availability when it comes to affordable travel insurance for those aged over 65.
• Are you getting a raw deal on car insurance cover? [22.04.07]
  Recent reports have indicated that many drivers could see the cost of their vehicle insurance shoot up in the near future, and this is through a combination of a changing in the banding of some vehicles
• Insurance companies warned over advertising by financial regulators [22.04.07]
  Insurance companies in the UK are being warned by financial regulators to keep a tighter reign on their advertising, and to ensure that the advertising does not include false or misleading claims.
• Nearly 10% of Brits admit to insurance fraud [22.04.07]
  Many people in the UK may have seen the cost of their insurance premiums rising, and with many types of cover, such as home and vehicle insurance, it is widely known that these rises are often enforced because of the huge losses that insurance companies suffer as a result of fraudulent claims.
• Using a car insurance price comparison service could save you a packet [13.04.07]
  The cost of vehicle insurance cover has gone through the roof over recent years, particularly for younger drivers and for those with more powerful vehicles.
• Save money by changing your insurance company [13.04.07]
  Many people cut back on important protective insurance cover such as life insurance simply because of the cost of cover. Many others do take out life insurance cover but pay way over the odds on their premiums.
• Younger people could end up without car insurance [10.04.07]
  The rise in the death rate for younger drivers in the UK could result in them being priced out of the car insurance market according to one insurance company.