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Alliance & Leicester, Barclays (LSE: BARC.L – news) , The Co-Operative Bank, Lloyds Banking Group (including Lloyds TSB, Halifax, and Bank of Scotland), and RBS (LSE: RBS.L – news) /Natwest are to stopped selling single premium Payment Protection
Insurance (PPI) with unsecured personal loans by the end of January 2009.Some of these banks now offer or plan to offer regular premium PPI instead of a single premium product. (more…)
Alliance & Leicester, Barclays (LSE: BARC.L – news) , The Co-Operative Bank, Lloyds Banking Group (including Lloyds TSB, Halifax, and Bank of Scotland), and RBS (LSE: RBS.L – news) /Natwest are to stopped selling single premium Payment Protection
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Insurance (PPI) with unsecured personal loans by the end of January 2009.Some of these banks now offer or plan to offer regular premium PPI instead of a single premium product. (more…)
While it will come as no surprise to the UK population to learn that crime, fraud and scams increase in frequency during difficult times, a forecast 50% increase in burglaries by the end of 2009 may surprise many. This is the figure being suggested by the insurance giant Norwich Union which is being used as a warning for those considering reducing their home insurance cover or those who have cancelled their cover.
Even though the need to retain assets and funds in these difficult times is paramount, a reduction in insurance premiums is a very risky solution. As more and more UK consumers consider reducing their home insurance, the cost of replacing goods and repairing potential damage from any break-in could push many over the edge. It is worth remembering that the UK home insurance market is very competitive and there are deals and offers available both online and off-line which could significantly cut your current premiums while retaining a similar level of cover. (more…)
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