Artificial intelligent (AI) is becoming increasingly more sophisticated and reliable, so much so that in some cases it has replaced humans in carrying out particular tasks.
The UK’s Bank of England interest rate has been at an all-time low for the last 10 years, with it being at just 0.25% since August 2016. This means that interest on many savings and investment opportunities has significantly diminished.
With increasingly busy lives and an on-demand culture, people want and need things (like choosing the right insurance policy) to be quick and easy. This often means that consumers don’t shop around at each renewal date and this could result in them missing out on the best deals.
We all want to feel we have the best deal available and we’re not being treated differently to other customers. Consumer reports suggest this isn’t always the case when purchasing essential services, such as insurance – particularly when a customer is considered “vulnerable”.
Insurance Premium Tax (IPT) increased on 1 June 2017 from 10% to 12%. This shows IPT has doubled in just a few years as Chancellors use it as an easy way to raise funds for the Treasury.
Everyone aims to save money, as it doesn’t feel good when paying over the odds for a product or service, particularly one like insurance that you may never need to use. When it comes to insurance, there are a few classic mistakes that people make which, can result in losing money on premiums, or losing…
A recent article published in The Guardian discussed a study comparing the insurance premiums of consumers that remained loyal to their insurance company for many years and those that chose to switch regularly.
Most people hope to never need to make an insurance claim. They typically mark the event of something going wrong; from your car needing to be repaired following an accident or your case going missing whilst on holiday. It is rarely good news.
Insurance is for most, one of those costs that goes out the bank each month, or year, and you wonder why you are paying it. Particularly as these days we need insurance for everything, so over the year it can add up to a substantial amount.
Whilst the worst of the winter weather is over, and April so far has produced some very mild weather, it is known to be a rainy month, so it’s important to protect your home against the risk of flooding.