Moneynet promotes greater
financial understanding for consumers with new life insurance product guide.
Company: Moneynet
Address: 2nd Floor, Sussex House, 8-10 Homesdale Rd,
Zipcode: BR2 9LZ
City: Bromley, Kent
Country: NULL
Tel: 020 8313 9030
Fax: 020 8464 1971
url: http://www.moneynet.co.uk/
email: online@moneynet.co.uk
Product_description: Moneynet.co.uk, the UK's most established personal finance research
and data website, has published the latest edition in its series of online product guides
to help consumers get to grips with the increasing complexity of personal finance
products.
Continuing the success achieved by the
previous credit card, mortgage and loan guides, Moneynet has issued a new guide to cover
the subject of life insurance. According to the Association of British Insurers, 50% of
households purchase life insurance, usually to protect the family against loss of income.
Moneynet's guide aims to encourage and
help consumers deal with the many factors in choosing a life assurance policy, such as:
* What sort of cover do you need?
* How much cover should you arrange?
* Do you need basic life assurance or more extensive critical illness cover, and what
about tax?
* If the policy requires regular payments, can you stop and start them without stopping
the policy?
* Can you vary the amount you pay?
Richard Brown, Chief Executive of
Moneynet.co.uk said "many people underestimate the amount of life cover they need,
with the result that their dependents are left to pick up the pieces if the worst happens.
Our life insurance guide is designed to help our users understand what they should be
looking for and to help them select the right policy. Once they have done that, our
comparison service can search the market to find the right policy at the cheapest
price."
There are currently four guides available
on the moneynet.co.uk website, covering life insurance, credit cards, mortgages and loans.
These are set to complement the core financial comparison services available on Moneynet.
Further guides are due to be published later this year.
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