Accident Protection

If you could predict the future, you could plan ahead and make life a little bit easier. Unfortunately, we all know life isn’t like that.

Whilst there are changes you can make to your lifestyle to reduce the chance of being involved in an accident, there is no way of eliminating the risk entirely. What would you and your family do if an accident prevented you from working? Worse still, how would your family cope financially if this resulted in permanent disability?

Accident Protection is specifically designed to give you financial protection by providing a cash lump sum if you were to suffer from a specified accidental injury.

Income Protection

Income Protection Insurance pays out a regular tax-free income if you become unable to work because of accident or sickness.

It could help you keep up with your mortgage repayments and other living costs until you’re able to return to work.

Policies have a waiting period before they pay out, which begins when you become unable to work. The longer the period chosen, the lower your premium. It’s a good idea to find out what your employer would pay you, and what state benefits might be available so you can choose an appropriate waiting period.

The premium you’ll pay will vary depending on your age, health and the level of income you wish to protect.

Income & Expenditure Calculator »

Download our guide to personal and family protection.

Personal Finance

The Bank of England is likely to keep borrowing costs steady on Jan. 30, the eve of Britain's departure from the European Union, but there is a significant chance it will opt to trim Bank Rate following a slew of weak data, a Reuters poll found.
Britain's housing market got a boost from Prime Minister Boris Johnson's big election win in December, a survey showed on Thursday, a pick-up that will be noted by the Bank of England as it considers whether to cut interest rates this month.
Lenders in Britain are expecting increased appetite for credit card borrowing in the coming months after a weak end to 2019, the Bank of England said on Thursday.
British inflation sank unexpectedly to a more than three-year low in December as hotels slashed prices, ramping up expectations that the Bank of England will cut interest rates as soon as this month.
Bank of England interest-rate setter Michael Saunders warned on Wednesday that Britain risks getting stuck in a low-inflation trap if the central bank does not take early action to boost the economy.