Michael Challiner's Articles in Miscellaneous

RightBiz Article Directory & Information Portal
Find articles, free website content & article submission.

Blog Article Directory Newsletter Audio Books Main Store Office Supplies Art Prints

Free Content Syndication

Show All\|Display Category\|Title\|Newest\|Oldest
The Offset Mortgage – Why Is It Growing In Popularity? The biggest innovation in the mortgage market in recent years, the offset mortgage, is now starting to take a significant share of the market. Now, only six years after they were introduced, the offset and the current account mortgage account for 10% of all borrowed mortgage capital. According to one of the UK's largest mortgage lenders, as many as 25% of existing mortgage holders could save money in the long run by choosing an offset mortgage. If you're one of those poss... Tell The Insurers Everything When You Apply For Life And Critical Illness Insurance. The failure to disclose information, especially medical information, is the most common reason why an insurer will reject a claim on a life or critical illness policy. To help underline some issues, we want to tell you a true story - but we've concealed the policyholders' name and a few other aspects to preserve anonymity. Mrs A was fighting a secondary infection following surgery to remove cancerous lymph nodes in her groin when she received further bad news. Her critica... Should Your Life Insurance Policy Be Written In Trust? According to one of the largest UK life insurance companies, just 1% of life policies are written in trust. That is disgraceful and reflects poorly on the financial industry. Let's explain. If your life insurance policy is “Written in Trust” then, in the event of a claim, the insurance company pays out directly to the beneficiaries you name on the policy. The significance of this is easily missed. It means that if the policy is “Written in Trust”, the proceeds fro... Regulations Tighten On Interest Only Mortgages More than 25% of homeowners are paying for their homes with an interest-only mortgage say the Abbey. The reason is obvious – their monthly payments are much less. For example, a £125,000 interest only mortgage at an interest rate of 5% and repayable in 25 years time, costs £525 per month - but on a repayment basis the monthly cost rises by £210 to £735 per month. Understandably, this level of cash saving has proved highly popular with first time buyers struggling to get t... Payment Protection Insurance – Is It Worthwhile? The Financial Services Authority (FSA) has been looking into the issue of Payment Protection Insurance (PPI) and the way that it is sold to people taking out loans in the UK. The list includes many of the UK's biggest banks and building societies, and it is single-handedly earning lenders over £1 billion a year. The point of PPI is that if a loan borrower becomes unemployed or unable to work though accident or illness, the loan provider will cover their payments until the... Mortgage Protection Insurance – The Essentials It's tempting to sit back and relax once you've moved into your new home – but hang on, have you made sure that you're insured against all the risks that could stop you from paying your mortgage? Many things could go wrong and make it impossible for you to work, and in this article we go through each risk, and assess how important it is that you take that into account. If you are responsible for a family, then it is particularly important that you take heed of the following f... Millions Forced To Opt For Private Dental Treatment This April the Government is forcing a new service contract on dentists that includes a new pay scale, changes to their working hours and surgery arrangements. Now dentists are not a cantankerous profession, but there's widespread irritation and disillusionment amongst them at the Governments seemingly heavy-handed action. And they're determined not to be pushed around. As a result thousands of dentists are registering their refusal to accept the new contract and have giv... Life Insurance – 66% Of Applicants Face Loaded Premiums If you're lucky, you'll get a life insurance quotation that you are happy with, progress to application, and get yourself insured within 48 hours at the original price quoted. Unfortunately this isn't the case for 66% of applicants - who face delays and loaded premiums. So why is this happening? Well, life insurance companies provide quotes based on the ‘perfect person' – which basically means you must be 45 or under and in excellent health, have no hereditary illness in ... Health Insurance – Not As Straightforward As It Would Seem Most of the seven million people covered by health insurance in the UK have a policy provided by their company. As such it is a useful benefit, but many of us assume that it will cover any kind of health issue and this is definitely not the case. The insurers exclude a wide variety of possible claims, and this article will explain those in detail. Health insurance has a very specific purpose – to get people suffering from short-term, curable health problems straight throu... Are Your Home Insurance Premiums Constantly Rising? Last year the UK's average premium for Buildings Insurance increased by 1% to just over £205 and the average for Contents Insurance rose to £151, up 2%. But within the market we've seen some much bigger rises – if you're with Norwich Union you'll have seen your premium rise by around 6%. So what's going on? Every year we see premiums rising. Surely with so much competition in the home insurance market, you wouldn't expect to see such inexorable rises in premiums? Let'...