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Quoted home insurance premiums fall

An index has found that average quoted home insurance prices are decreasing. Competition across the insurance market is rising, resulting in insurers quoting lower prices. Over the last year, quoted premiums have decreased by 7.9%, with most premiums quoted between £150 and £199. In June, 62.5% of consumers had the

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Protection payouts on the rise

Recent data has highlighted the importance of protection insurance as it continues to support people in times of need. In 2024, protection insurers paid out a record £8bn in combined group and individual claims. This means that £21.9m was paid out every day to policyholders suffering from illness, injury or

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Is your income protected?

Income Protection Awareness Week takes place 22 to 26 September 2025, aiming to highlight the importance of protecting your income from illness or injury. Income protection insurers paid out a total of £204m to policyholders in 2024. Unfortunately, many people still don’t understand the importance of insurance – a recent

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House prices outstrip wage growth

Over the last year, house prices have increased 5.3 times faster than the rate of earnings. The average house price has increased by £10,087 to £271,403. However, the typical annual salary has only gone up by £1,921 to £40,334. The East of England and the East Midlands have experienced the

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Home insurance renewal tips

Figures from the second quarter of this year show that the average cost of home insurance has generally remained unchanged. The average cost of combined buildings and contents cover was £391 per year for policies taken out between April and June, £2 cheaper than quarter one. This is still relatively

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A busy summer for housing

It was a busy summer of news for the housing market – here’s what you need to know. In August, the Bank of England (BoE) reduced Bank Rate from 4.25% to 4%. This is the lowest level in two years and the fifth cut since August 2024. However, the decision

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New Home Owners. Young Couple Holding House Key
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Young homeowners vulnerable

A new study has found nearly a third of young UK mortgage holders have no protection cover, leaving them financially vulnerable if their income suddenly stops. The research surveyed more than 1,200 homeowners aged 18 to 34, including 500 with mortgages. Among those surveyed, only 15% of young homeowners said

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Insurance Agent Talking to Couple
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Why life insurance matters

Getting life insurance is a way to prepare for the worst and to protect what matters most to you. Workers in the UK are facing a ‘life insurance equality gap’, according to research*. The life insurer’s survey reveals just 50% of salaried workers have taken out life insurance, while just

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Startup, research or business man on laptop in coffee shop for strategy planning, life insurance or
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Why life insurance makes sense at any age

Life insurance rarely feels like a priority in your twenties or early thirties, particularly if you don’t have children or a mortgage. But over time, it could become the smartest financial decision you make. Buy earlyA big advantage of buying life insurance early is the cost. Premiums are lower when

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partial view of couple at table with divorce documents
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Who gets to benefit after divorce?

One in ten divorcees have forgotten to remove their former partner as a beneficiary on their life insurance policy according to research by Legal & General. The research also says just 7% of couples discussed life insurance during separation, while only 6% formally waived rights to joint cover. Failing to

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