Life insurance isn’t the easiest topic to get your head around at the best of times – but it’s an important part of financial planning and protecting our loved ones. It would be easy to fail to take out life insurance due to the misconceptions surrounding cost, eligibility and process. But we are here to clear the fog and debunk the common life insurance myths that you may have heard.
There’s been much hustle and bustle in the financial world recently – you may have heard about The Bank of England raising the base rate from 0.5% to 0.75% earlier this month – only the second rise the UK has seen in over a decade.
We wish we could predict the future, but we can’t. No one knows what’s looming around the corner. One day, you may be in work and the next your company may fall into administration. Unexpected situations like this may leave you struggling to keep up with your mortgage repayments and make ends meet. But one way to stay on the straight and narrow is by taking out Income Protection insurance. (more…)
Yes, it should.
Every New Year we all jot down a list of resolutions that we intend on sticking to for the upcoming year ahead. These are usually resolutions that might help us to be more active, lose weight or help our finances, but shouldn’t we do something a bit more practical and something that could really benefit the future should the worst happen? Say, taking out Life insurance?
That’s why First Financial Solutions recommend life insurance be your 2018 resolution!
With Christmas quickly approaching we would like to take this opportunity to wish all our clients a Merry Christmas and a Happy New Year.
On November 2nd, the Bank of England raised interest rates from 0.25% to 0.5%, the first rise for over a decade. According to UK Finance, 2.6 million first-time buyers will be experiencing their first ever rate rise following last week’s events. We understand, the idea of a rise may seem daunting, we get it, but the rise shouldn’t put you off purchasing a property. There are still some great deals to be had, and whilst we’ve just had a rate increase, there really is only one way that rates are going to go .. and that is up!