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Financial Market Update: July 2010

Market Update

Too young for critical illness cover?

AXA have recently said that the average age at which people claim for a critical illness is 43 for a man and 40 for a woman - generally a time when expenses are high, children are still at home and the mortgage is still outstanding

Who needs critical illness cover?

Most home buyers purchase life cover when arranging a mortgage but only a small percentage purchase another form of protection that they are five times more likely to require.

Lets look at the facts!

How not to lose your personal allowance

from the 6th April 2010, the personal allowance (£6,475) is due to be gradually removed when income reaches £100,000 and completely disappear for those earning over £112,950.

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