Following a complaint made by Citizens Advice in 2005, claiming that aspects of the payment protection insurance (PPI) market were severely harming the interests of consumers, a report has been published by the Office of Fair Trading.
Lost Your Job? – How To Keep Your Insurance Coverage
In this day when companies are facing layoffs, buyouts, and other financial difficulties, it may be difficult to hold on to a good health insurance policy. Thanks to the government, however, there has been a couple of programs that will allow you to keep the same coverage you had before your situation changed – if you act soon enough. Here are some things you need to know about the COBRA program that could enable you to enjoy the same health insurance coverage you had.
Credit Cards, Mortgages And The Financial Impaired Get Relief
The Federal Reserve Bank is currently researching ways in which to provide much needed relief for the sub-prime housing crisis that is tearing apart consumers particularly in the mid-west states where job losses are occurring very heavily, mainly due to lay-offs in the auto manufacturing industry.
Choosing Life Cover To Protect Your Mortgage
Buying a family home is a time when many people begin thinking about taking out a life insurance policy to go along with it. A mortgage is very often the most significant financial decision that any individual makes, and it is always prudent to find a way of protecting your mortgage, to ensure that your loved ones will not suffer financially from the loss of your income if you should die. A carefully-chosen life insurance policy is an ideal method of achieving this protection…
Buying Life Insurance: A Checklist
Life insurance can be an effective tool to make certain and protect your familys financial future. It has been acknowledged universally as a method by which the breadwinner can substitute risk and uncertainty with timely aid for the family in case of their unfortunate death.
Asset Protection: Some Tips To Protect Your Wealth
In business and accounting an asset is anything owned, whether in possession or by right to take possession, by a person or a group acting together, e.g. a company, the measurement of which can be expressed in monetary terms. Assets are listed on the balance sheet.
Since assets represent every material possession that a person or a company has, some steps should be taken in order to protect them.
Not everybody can afford a sophisticated asset protection plan: however, e…
Avoiding Private Mortgage Insurance
Some lenders require private mortgage insurance, or PMI, when you obtain your mortgage. It can cost you hundreds, even thousands of dollars each year. It is rather easily avoidable, however, by simply making different financial arrangements. Here are a few ways that you can get out of this extra financial burden.
5 Tips For Cheaper Life Insurance Premiums
1. Consider an income policy instead of a lump sum
Have a Home You Can Feel Safe In
Whether or not the world is getting more dangerous is debatable. However, the safety of your family should always be an issue of concern, and rightly so. Whether you’ve recently experienced a break in or are just anxious about leaving your children home alone, there are many things you can do to improve security around the house. While nothing is completely fool proof or guaranteed, making a few changes can go a long way in deterring would-be troublemakers and give you some peace of mind.
US Banks Are In Trouble! Don’t let their mistakes affect your financial situation!
US commercial banks face enormous risks at this time due to their high concentration of real estate related risk. The lessons we can learn from them are applicable to our financial future as well.
Mortgage Payment Protection Insurance The Do’s And Don’ts
When you’ve taken out a mortgage you’ve make a long-term commitment to maintain the monthly repayments for the full duration of the mortgage. That’s going to be over many years but you’re making that commitment without the benefit of a crystal ball no one knows how your circumstances are going to change, for good or bad. So that must represent a big risk. Mortgage Payment Protection Insurance (MPPI) is one of a range of insurances that includes life insurance and critical i…
Loan cover watch out for Payment Protection Sharks
Around 50% of borrowers get Payment Protection Insurance for their loan. It would appear that many are being ripped off. This article investigates the pitfalls and the solutions.