Will protection insurance costs rise because of coronavirus?

I’ve got life and critical illness cover but I’ve heard that these could be affected by the pandemic.  I’m also concerned that my cover providers will include exclusions to my polices, especially now that there’s an increase in Covid-19 cases again and another lockdown.  I’m also worried that I’ll have to pay more. Will my … Read more

Can I take unemployment insurance even though my employer has put me on furlough?

I’m worried about redundancy: Can I apply for unemployment insurance even though I’m on furlough? By Will Kirkman For Thisismoney.co.uk Published: 07:41 BST, 16 July 2020 | Updated: 07:41 BST, 16 July 2020 I’ve been on furlough since March and it’s been extended to October – but I am worried my employer will make me … Read more

Will coronavirus affect me buying life insurance?

I want to buy life insurance but have had coronavirus, will I still get a good deal? A reader asks if life insurers offer deals to those who’ve suffered from Covid19 Expert reveals that some applicants may get cover, but with exclusions Cover could cost more with premiums offered at 50-100% more than normal Here’s … Read more

Young seek income cover due to Covid-19 but will it pay out?

Younger workers are buying insurance to protect their incomes in the coronavirus outbreak, but will they be covered if they can’t work? Comparison site sees 400% rise in income protection searches by under-25s Young people are looking to protect their finances in the wake of coronavirus  However, most income protection policies will not protect against the disease  … Read more

Do insurance fears stop people talking about mental health?

JOHNNY TIMPSON: We encourage men to talk about mental health but do worries about insurance in the future cause some to suffer in silence? By Johnny Timpson For This Is Money Published: 09:15 BST, 18 February 2020 | Updated: 09:15 BST, 18 February 2020 Johnny Timpson, a financial protection specialist at Scottish Widows, says that … Read more

Insurers are pulling income protection insurance in the wake of the coronavirus outbreak

Insurers are pulling income protection insurance due to the coronavirus outbreak – and some are looking for ways NOT to pay out if you get sick Insurers pull out of the income protection market as coronavirus spreads Those still offering it reportedly planning to introduce coronavirus exclusions  This means new policyholders won’t get a payout … Read more