Life Insurance & Finance

In an ever increasingly uncertain financial climate, parents have every right to worry about what opportunities their children will be limited to once they reach adulthood because of their finances.

With ever increasing and expensive university fee’s and also the expected rise in house prices, this can put an enormous amount of pressure on the bank of Mum and Dad.
By saving for your child’s future from an early stage with a Child ISA can help provide them with a lump sum of money to help with the cost of further education or can even help go towards a deposit for their first home. It could even pay for their wedding or buy their first car.

With a Child ISA account, any interest earned is completely free of income tax and the funds are locked away until the child reaches 18 years of age.
Grandparents, family members and even friends can contribute towards the Child’s Junior ISA but the yearly total investment must not exceed £3000. There are two types of Child ISA accounts: A Cash Child ISA which is a cash savings account and is very similar to a normal savings account. The stocks and shares child ISA is an investment based account which hold investments.

Every child who is eligible to open a Childrens ISA account can hold both a Cash and a Stocks and Shares account at the same time.

In these current uncertain and difficult financial times, the loss of employment can be quite a worry for many of us. With record numbers of companies going out of business, unemployment has risen sharply and many people now face the prospect of losing their homes etc because they cannot afford to keep up with the repayments due to redundancy.

Protecting yourself financially against this with Redundancy Cover could prove to be a very wise investment. Could you continue financially should you be made redundant / unemployed through no fault of your own?

With an unemployment insurance policy in place, should you be made redundant then you will receive a tax free monthly income to help cover the cost of your mortgage, bills & household outgoings such as grocery shopping etc. This income will continue for 12-24 months dependent upon your policy.

At www.redundancycover.org.uk you can compare unemployment insurance quotes instantly online from a wide range of UK insurance providers. They offer a completely independent and unbiased service and sell their policies on an advised basis to ensure you find the most suitable policy for your requirements.