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Creditor insurance is the new umbrella


Online forums and blogs are buzzing with people asking how they can protect their standards of living in the face of widespread government cost cutting.
It is not just one sector of society that is concerned.

Although public sector workers are already seeing their standards of living slip and their co-workers are being made redundant, private sector employees – whose jobs depend on supplying the public sector – are also feeling the pinch.

The Chartered Institute of Personnel and Development predicts that private sector employment alone will fall by 80,000 during the course of this year.

The Bank of England has warned that things will get a lot tougher before they get better.

This widespread and diverse demographic of threatened workers has prompted insurers to re-examine the kind of cover they offer.

This is especially true with creditor insurance. Product providers have recognised that one-size-fits-all products are no longer what customers want or need.

New, tailored standalone protection products offer increased flexibility to those seeking to protect their standards of living should they fall victim to accident, sickness or unemployment.


Good service brings clients and a smile

The other night, I sat down in front of the television and found myself watching back-to-back documentaries all about service. First, Michel Roux Jnr tried to civilize a group of errant teenagers enough to flambŽ crepes suzettes in front of a bunch of foodies. Then Mary Portas tried to make the bosses of fast-fashion retailers […]

AMI bulletin flags focus on remortgaging and buy-to-let

The Association of Mortgage Intermediaries is predicting a flat mortgage market for 2011 in its Quarterly Economic Bulletin. The bulletin predicts similar levels of housing transactions and lending levels for 2011 as 2010. It says despite higher LTV mortgages being offered, the proportion of borrowers who were first-time buyers fell in 2010. But it predicts […]


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