Best Insurance Advices

Britons value their home contents more than themselves, because more have contents insurance than critical illness insurance, according to Scottish Provident. Research carried out on behalf of Scottish Provident has revealed that while 71 per cent of UK adults have home contents insurance to protect their belongings, only 15 per cent have critical illness insurance to protect themselves against serious illness. Whilst it is advisable to protect belongings and contents as Christmas approaches and homes fill up with expensive presents, Scottish Provident warns against neglecting critical illness insurance, which provides a lump sum payout in the event that a serious illness is diagnosed. Apart from the fact that nearly half of respondents have life insurance, Britons are not protecting themselves enough, the study found; nine per cent have income protection insurance, and even fewer, just five per cent, have unemployment benefit, leaving them vulnerable to current volatility in the jobs market.

Read more…

Tags: Contents Insurance, Critical Illness Insurance, Illness Insurance, insurance