Mark Williams's Blog – April 2014 Archive (2)

People must consider taking out cover earlier in life as around one in four claims for critical illness (CI) occurs before the age of 40, research has found.

According to recent data, which looked at the percentage of life and critical illness claims in the UK by age group –

8% of people aged 25-40 had a life insurance claim.

24% of people aged 25-40 had a critical insurance claim.

Other findings showed –

61% of people aged 40 to 60 had a life…

Borrowers could be forced to wait weeks for an appointment with lenders’ mortgage advisers after the Mortgage Market Review as firms race to get qualified staff in place.

Last week, a Nationwide business development manager warned that customers could expect waiting times of up to a month to see one of their mortgage advisers.

He also said that…