Desert Island Dude - Insure Your Treasure

Types of Life Insurance

Advanced SIPP Planning

Published / Last Updated on 10/04/2014

Using self-invested personal pension facilities to select and review individual stocks and shares can greatly reduce fees. This is because you are not paying a company to review the stocks and shares for you.

Related Videos

Types of Life Term Assurance Explained

Types of Life Term Assurance Explained

Fundamentally, there are two types of life insurance in the UK: Whole of Life Assurance. Term Assurance. The clues are in their titles: ‘Whole of life’ assurance is literally a life assurance scheme ...

5m29d

Insurance

Types of Whole of Life Assurance Explained

Types of Whole of Life Assurance Explained

There are basically two types of life insurance in the UK: Whole of Life Assurance Term Assurance The clues are in their titles: ‘Whole of life’ assurance is literally a life assurance scheme ...

5m28d

Insurance

Benefits of Putting Life Insurance in Trust

Benefits of Putting Life Insurance in Trust

The use of ‘trusts’ started over 1,000 years ago when monks took vows of poverty and their wealth was then held in trust to be used for the benefit ...

5m18d

Insurance

Business Partnership Protection on Death

Business Partnership Protection on Death

What is a Partnership? A business partnership is not a Limited Company that has shareholders, directors and profits chargeable to capital gains tax and then paid out to shareholders as ...

5m5d

Insurance

10 Reasons to Have Life Insurance

10 Reasons to Have Life Insurance

Last week, HMRC confirmed inheritance tax (IHT) receipts April 2022 to December 2022 of £5.3bn meaning a forecasted record IHT take of around £8bn this year and in the ...

> 1y9m

Insurance

The Three Pillars of Income Protection Insurance

The Three Pillars of Income Protection Insurance

Income protection insurance, sometimes known as permanent health insurance (PHI), is what is say’s on the label, it is insuring and protecting your income. If you are unable to ...

> 2y6m

Insurance

Taxes If Change Life Assured on Qualifying Life Insurance Policy

Taxes If Change Life Assured on Qualifying Life Insurance Policy

Many people may not know but many life insurance policies are qualifying life insurance policies in that they pay no income taxes when paid out either on death or ...

> 2y11m

Insurance

Should I Put My Life Insurance in Trust?

Should I Put My Life Insurance in Trust?

Research by L&G back in 2018 found that 90% of life insurance policies that were not in trust and may be more beneficial to be placed in trust. A legal ...

> 3y5m

Insurance

Aladdin Magic Lamp. How Much Would You Insure It For?

Aladdin Magic Lamp. How Much Would You Insure It For?

Imagine you had a magic lamp and had three wishes. You would maybe use 2 wishes for Health and Happiness for all family and friends and perhaps the third ...

> 3y8m

Insurance

What is the Explaining Underwriting Decisions Agreement?

What is the Explaining Underwriting Decisions Agreement?

The Explaining Underwriting Decisions Agreement is an agreement that has been signed up to by 19 insurers so far as part of the Access to Insurance Underwriting Workstream. The ...

> 3y8m

Insurance

Rent Protection Insurance For Tenants

Rent Protection Insurance For Tenants

Are you a tenant paying rent? What if you become long term sick and are unable to work? What if your employer has no sickness scheme? What if you suffer a serious/critical ...

> 5y

Insurance

What if the UK went into shutdown due to a virus breakout like that being suffered in China? What if you could not work? What if you suffer another illness ...

> 4y9m

Insurance

Family Carer Insurance

Family Carer Insurance

What if you have to give up work to look after a loved one or friend? What cover, if any, do you have at work? Could you survive on ...

> 5y4m

Insurance

International Motor Insurance Green Card

International Motor Insurance Green Card

What is the impact of a No Deal Brexit on Motor Insurance? Taking your car outside the UK after 29th March 2019 will require an International Motor Insurance Green Card. What ...

> 5y8m

Insurance

Online Life Insurance Trusts

Online Life Insurance Trusts

Is your life insurance in trust? Why put life insurance in trust? Both L&G and Aviva have launched online insurance trust tools to help you....

> 6y3m

Insurance

Healthy Actvity Life Insurance Rewards

Healthy Actvity Life Insurance Rewards

A new breed of life and health insurance where you earn rewards and points for being active such as running, cycling, gym and health checkups....

> 6y4m

Insurance

Medical Examination Large Life Insurance Sum Assured

Medical Examination Large Life Insurance Sum Assured

What to expect in a medical examination when you apply for large life insurance and critical illness insurance sums assured: Full medical - normally not your own GP Cotinine test – ...

> 6y5m

Insurance

Should I put my life insurance in trust

Should I put my life insurance in trust

Latest L&G research suggests that 90% of life insurance policies should be in trust. Should I put my life insurance in trust? Can I put old life insurance policies ...

> 6y10m

Insurance

Self Employed Off Sick

Self Employed Off Sick

What sickness payments are self employed entitled to?...

> 6y11m

Insurance

40 Pound Insurance Premium Challenge

40 Pound Insurance Premium Challenge

Do you pay more than £40pm for life insurance, critical illness insurance or income protection insurance? If so, take the £40pm challenge. Using our fixed fee, zero commission approach, ...

> 7y2m

Insurance

Funeral Payments Pledge

Funeral Payments Pledge

Protection Distributors Group (a group a leading protection adviser firms has set up a ‘Funeral Pledge' to try and lobby life insurers to pay out in advance on all ...

> 7y4m

Insurance

Trace Old Insurance Policy

Trace Old Insurance Policy

Where do you start when you want to trace an old insurance policy or friendly society plan?...

> 7y9m

Insurance

Sickness Insurance Quotes

Sickness Insurance Quotes

Could you survive if you were off long term sick.? Why pay into pension or buying and insuring a car if you cannot afford it if you are long ...

> 7y9m

Insurance

Over 50s Life Insurance Pros Cons

Over 50s Life Insurance Pros Cons

Director, Ashley Clark, turned 50 this week, so he decided to take a look at over 50s life insurance pros and cons....

> 8y3m

Insurance

Work Out Living Expenses Financial Planning

Work Out Living Expenses Financial Planning

Work out your subsistence living expenses to plan for pensions, investments, life insurance, income protection, critical illness cover and sickness insurance. If you do not know it, how can ...

> 8y4m

Insurance

Medical Conditions Life Insurance

Medical Conditions Life Insurance

Video explains what happens if you have pre-existing medical conditions and apply for life insurance and sickness insurance or income protection....

> 8y5m

Insurance

If Circumstances Change Do I Tell Insurance Company

If Circumstances Change Do I Tell Insurance Company

Do you have to tell your insurance company if you start smoking or parachuting after you have started an insurance policy? Video looks at material facts and when to ...

> 8y6m

Insurance

Who Can I Insure

Who Can I Insure

Video explains who you can insure and how much you can insure based upon a law nearly 250 years old....

> 8y6m

Insurance

How Much Should I Insure For

How Much Should I Insure For

Video offers a simple way to help you value things and how much you should insure yourself for with a simple example....

> 9y2m

Insurance

Motor Gap Insurance Explained

Motor Gap Insurance Explained

Video explains what gap insurance is when you but a car using car finance. What if your car is written off and you still have finance outstanding?Transcipt:“Hello there. Well, ...

> 9y9m

Insurance

How To Value Your Spouse or Partner

How To Value Your Spouse or Partner

Video explores how to value your spouse or civil partner. What would it cost if you lost them? We have a value your spouse calculator tool for you to ...

> 10y

Insurance

Cheaper Life Insurance Pay a Fee Not Commission

Cheaper Life Insurance Pay a Fee Not Commission

Video explores how paying a fee for life insurance, critical illness and income protection policies may save you a lot of money when compared to letting your financial adviser ...

> 10y

Advice Tips

Company Life Insurance and Lifetime Allowance

Company Life Insurance and Lifetime Allowance

Video explains the impact of death in service cover life insurance on the lifetime allowance. Some schemes can create a huge tax charge on your early death....

> 10y3m

Pensions

How to Compare Critical Illness Insurance

How to Compare Critical Illness Insurance

Video explaining what you should look for and how to compare critical illness insurance policies...

> 10y5m

Insurance

How Much Income Protection Insurance

How Much Income Protection Insurance

Video to detail how much Income Protection Insurance you should have. The maximum is usually 75% of total income including State Benefits. We suggest starting point of around 70% ...

> 10y6m

Insurance

How Much Critical Illness Insurance

How Much Critical Illness Insurance

Simple explanation of the basics of working out how much critical illness insurance cover you need making allowance for the question "What if I don't die?" - making allowances ...

> 10y6m

Insurance

How Much Life Insurance Cover

How Much Life Insurance Cover

Video to help you work out how much life insurance cover you need. Work out you monthly expenses and then you yearly expenses and then multiply this yearly figure ...

> 10y6m

Insurance

Importance of Income Protection

Importance of Income Protection

Types of insurance to cover you financially:• Life insurance – Covers you on death.• Critical illness insurance – Covers you if you suffer a serious illness.• Income protection – ...

> 10y6m

Insurance

Desert Island Dude - Insure Your Treasure

Desert Island Dude - Insure Your Treasure

Our Desert Island Dude is here with some wise advice on protecting your tresure....

> 10y7m

Cartoons

Types of Life Insurance

Types of Life Insurance

Level Term Assurance: A set life insurance amount that remains level throughout the policy.Decreasing Life Assurance: The starting amount is set and over time the amount will decrease.Whole of ...

> 10y9m

Insurance

Videos Channels

Our Financial Advice Fees Quotes and Shop

Money Tips Cost of Living & Covid

Cost of Living & Covid

Markets & Alerts

Markets & Alerts

Expat & Offshore

Expat & Offshore

At Retirement Options for Pensions

Options At Retirement

Pension Transfers

Pension Transfers

Green Inv ESG SRI

Green Inv ESG SRI

Law, Wills, Attorneys

Law, Wills, Attorneys

Politics and Economy

Politics & Economy

Desert Island Dude - Insure Your Treasure

Types of Life Insurance