Life & Travel Insurance News

Life insurance by age group, income protection, private health insurance, and travel insurance.

Lloyds Sets Aside Another £460m for PPI Payouts

By Max Robinson | Published: 02.08.2018

The most recent quarterly results from Lloyds Bank show that the bank is still paying out large sums in PPI compensation. The figures show that the banking group set aside £550m for the first six...

What kinds of things affect the cost of my life insurance?

By Michael Quinn | Published: 19.07.2018

In order to work out how much you will be paying for your life insurance, it’s important to first work out what kind of policy you will be taking out. First and foremost, you’ll have to note the...

Do It Now! Arnie Ad Helps Push PPI Complaints Hit 4-Year High

By Michael Quinn | Published: 26.04.2018

A new advertising campaign from the Financial Conduct Authority (FCA) using Arnold Schwarzenegger’s robotic head seems to have contributed to a 40% rise in claims of PPI mis-selling. In the ads, Arnie...

PPI Claims Firm Faces £350k Fine for Making Illegal Cold Calls

By Michael Quinn | Published: 20.09.2017

A Carmarthenshire based PPI claims company are facing a fine of £350K after making a record number of illegal cold calls. The company in question, Your Money Rights LTD, now holds an unwanted record...

FCA Pushes Back PPI Deadline Decision

By Danny Lord | Published: 09.12.2016

The Financial Conduct Authority has delayed its final decision on when to enforce a deadline for PPI claims to the first quarter of next year. Earlier this year, in August, the FCA announced that by...

FCA Propose PPI Deadline for June 2019

By Danny Lord | Published: 02.08.2016

The Financial Conduct Authority plans to extend the previously proposed deadline by which claims related to the mis-selling of Payment Protection Insurance to June 2019. Shares in various major banks...

Private Health Insurance Checklist

By Money Expert | Published: 17.06.2016

5.1 million people in the UK currently have active private medical insurance plans, with insurers paying out just under £7.5 million in claims every single day. If you’re looking to join these people,...

CT Capital Fined Over Failure to Deal With PPI Complaints

By Danny Lord | Published: 02.06.2016

The Financial Conduct Authority has fined the parent company of a group of loan brokers for failing to adequately handle complaints related to the mis-selling of payment protection insurance (PPI)....

Clydesdale Set Aside Another £450m for PPI Payouts

By Danny Lord | Published: 11.05.2016

Glasgow based Clydesdale Bank has increased the amount that it is setting aside to pay out compensation to those mis-sold PPI by another £450 million. This new addition will bring the total amount to...

FCA to Investigate Life Assurance Companies

By Danny Lord | Published: 03.03.2016

The Financial Conduct Authority will be investigating six of the country’s largest life assurance providers over the level of transparency they had offered customers regarding various fees associated...