Insurance in the UK

There are all sorts of different insurances offered in the UK. You have the home, motor, van, credit cards, and travel insurance. What UK residents need to really look out for are the insurance scams. At the moment we all need to have auto insurance, and insurance on the home to protect the valuables and the home itself, but there are a couple of insurances on the market that might not be doing you any good.

Travel insurance is one offer that you might think is the perfect item to have; therefore you take out a policy that lasts for a year, but what if you never travel? Some individuals who travel for business or take several vacations out of town will find travel insurance to be very helpful in their lives. This is because they get reimbursed for lost luggage, delays, or other issues like medical conditions that may arise while they are on their trip. In this case the year long policy for travel insurance works great. However, if you only travel once you don’t want a year long policy no matter how great it sounds.

There are other types of policies for those who only travel a small amount. These policies are trip travel insurance. It means the trip you are going on is covered. If the trip is cancelled, medical issues arise, or if your luggage is lost you get reimbursed, but you don’t have to pay for a whole year.

A lot of credit cards are now offering travel insurance as part of their deal. You do need to check the terms of this insurance to make sure it will be enough to cover you. If you have family your travel insurance on the credit cards might not be enough to cover your entire family. If you are paying for travel insurance and have a family you should make sure that everyone is covered and not just you. Some policies have limitations which make it difficult to find the worth. Just remember, as long as you look over the policy and know the terms you should be all right to travel comfortably and safely.

Back To Financial News June 2008

100 Percent Mortgages
36 Percent Fall in First Time Buyer Loans
Arrangement Fees for Mortgages
Bank Account Situations
Bank Accounts Are Changing
Buy to Let Mortgages
Cotton Traders Scam on Credit Cards
Credit Card and Loan Insurance Changes
Credit Card Insurance a Scam?
Credit Cards: A Source of Desperation
Current Account for UK Consumers
Debt Consolidation Loans Can Help
Earn Higher Interest on Your Current Account
Fixed Rate Mortgages Increasing
Halifax and Mortgages
Insurance in the UK
Loan Insurance
Loans from First Direct
Lower Credit Card Fees?
Monlink and Mobile Banking
Mortgages in Recovery
Payday Loan Companies
Payday Loans and Pawn Shops
Payday Loans can be a Problem
Payday Loans Increase Debt Issues
Quick Money Option
Reverse Mortgages Have Advisers Concerned
Secure Loans
Stolen Card Details Used in Hotel
US Debt Worsen which Could Affect UK