Payouts for bereavement, illness, and injury claims top £18.6 million a day
A record £6.8 billion was paid out in individual and group life insurance, income protection and critical illness claims in 2021, according to the latest figures from the Association of British Insurers (ABI). This equated to £18.6 million a day, £1.6 million a day more than 2020’s previous record. The bumper increase in individual protection […]
Life insurance: is it subject to probate?
When a loved one dies and they have a life insurance or assurance policy, that policy may pay out a very significant sum. It’s only natural to question whether the payout forms part of their estate, which may be subject to probate, Inheritance Tax and other taxes, and also liable for any debts they may […]
New Year, New Challenges
As we embark on a brand New Year and start getting back to work despite what COVID can throw at us, undoubtedly many of us will face a variety of challenges throughout 2022, so we thought, what better time to remind you what we do here at Asset Harbour and how maybe we can help […]
Sleep Easy with Protection Insurance
With the ongoing impact of the pandemic, it’s important to consider ways of insuring yourself against early death, or the inability to earn an income due to a serious illness, mental health issue or injury. In fact according to Royal London. 15.9m people now feel more financially vulnerable than they did back in March 2020. […]
I’m too young for Life Insurance⠀⠀⠀⠀⠀⠀⠀⠀
When talking to our clients about life insurance we hear some very common responses, such as “I don’t need life insurance I’m too young”, or “I don’t need life insurance, I don’t own a house yet” or another “It won’t benefit me when I’m gone.”⠀ However, you are not too young, the younger you are […]
Protection insurance cover
We believe it is better to have something and not need it, than to need something and unfortunately not have it! Protection insurance is there for those life events you generally don’t expect to happen, or at least not just now, but sadly they very often do. COVID has had a severe impact on our […]
Award Winners
We are extremely proud this week be able to announce that we have been recognised within the financial industry for the work we do here at Asset Harbour. Having been nominated for the SME News 2020 Financial Awards we are delighted to announce that we have been recognised with the following award. Most Client-Focused Financial […]