Young families may view insurance as a forced expense or a tax-saving chore. However, the real-life situation for most people is far more precarious: they are often “asset-poor and liability-rich”. You likely have a growing income and a bright future, but you also have significant dependencies — young children, a spouse or perhaps a new
Insurance is no longer a “set-and-forget” purchase, but the foundation of a financial plan that must evolve alongside your family. Without the right protection, a single medical emergency or the loss of a breadwinner can liquidate years of disciplined investing in weeks. Choosing the right policy is about identifying which risks you can afford
Buying insurance online takes a few minutes. While speed is convenient, it removes the traditional safety net of human advice. When you buy online, you act as your own underwriter. The situation where this matters most is the moment right before you hit “pay now” on a web aggregator. Mistakes made here do not
Private health insurance becomes significantly more expensive as you get older, with average monthly sample quotes for core cover rising from £32.81 at age 30 to almost £178 at age 80, according to analysis by broker LifeSearch. While it can be tempting to choose the cheapest policy as premiums rise, differences in cover, hospital choice
Yes, the removal of GST has reduced what you pay for health insurance, because the 18% tax added to the premium is now gone. From 22 September 2025, individual and family health insurance is GST-free, so the final bill is lower even when the base price remains unchanged. What is the GST Rate on Health
The cost of landlord insurance for a small office building in a quiet suburb could look very different from a mixed-use property downtown. There’s no single price tag for landlord insurance costs because of the numerous factors insurers use to calculate a policy premium based on your rental property’s specific age, construction, location and level
Colin Read, financial services regulatory expert at Pinsent Masons, was commenting after the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) published parallel consultation papers on a new, bespoke regulatory framework for captive insurance in the UK. Captive insurance is a method of self-(re)insurance and risk management that gives businesses greater control over
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Days after Stryker faced a devastating cyber attack in March, the medical technology company disclosed that it had not purchased cyber insurance. The attack forced the company to delay scheduled surgeries and had a “big
Imagine a world without insurance. Every accident, illness, or disaster would mean paying out of pocket. A single medical emergency could mean using up years of hard-earned savings, and the untimely loss of a breadwinner could leave families vulnerable and without financial support. Insurance has existed for centuries. Merchants in Babylon used contracts to protect
As the nation continues to swelter, many people are trying every trick in the book to keep cool. But some heatwave hacks could put your home insurance at risk. Fans and opening windows, for example, may lower the temperature inside your home, but they could increase the chance of accidental damage or make your property