Insurance
Declare your medical conditions or it could cost you much more than a ruined holiday
- Tuesday, 15 May 2012
Failing to declare an existing medical condition when booking your holiday insurance could leave you in financial ruin if you suffer from a health-related problem while abroad, warns a leading insurance provider.
On average, 8-15% of proposers declare an existing condition to their insurer but, according to OK To Travel, the actual number of people who have a medical condition at the time of booking could be a lot higher.
New initiative will improve access to insurance for older customers
- Wednesday, 04 April 2012
Older customers will find it easier to get motor and travel insurance under an agreement between the ABI, the Government and the British Insurance Brokers’ Association (BIBA).
Under the agreement, which comes into force on 6 April, if an insurer or insurance broker is unable to offer cover to an older motorist or traveller due to the fact that their age is above any upper age limits they have, then they will automatically refer them to an alternative provider who can meet their needs, or to a dedicated signposting service, such as BIBA’s ‘Find a Broker’ service or website.
Age UK Enterprises calls on insurance industry not to discriminate against older drivers
- Monday, 26 March 2012
Age UK Car Insurance covers drivers over 100 years old in the UK
Insurers should judge drivers on ability not age and should offer drivers in later life appropriate motor insurance products, according to Age UK Enterprises, the commercial services arm of charity Age UK. The call follows the publication of a report from the Parliamentary Advisory Council for Transport (Pacts) stressing the need for a national strategy for an ageing car-driving population.
ILC-UK backs use of technology to improve road safety
- Friday, 10 February 2012
Responding to announcements by Tom Tom and the AA about the use of smart technology for the pricing of car insurance, David Sinclair, Assistant Director, Policy and Communications at the International Longevity Centre UK said:
“The greater use of technology could be a helpful way of reducing the cost of motor insurance for younger people. But it could also help drivers of all ages become better drivers.
Home insurance, adverse weather comment from Age UK
- Friday, 06 January 2012
Gordon Morris, Managing Director of Age UK Enterprises, said:
“According to the latest Met Office forecast, the current adverse weather is set to continue meaning that homes could be at higher risk of damage. Now is an ideal time to review your home insurance policy to make sure you’re fully covered. Read the small print so you know about any exceptions that could stop you from being eligible for a claim; and, as with any financial product, if you’re looking to renew or purchase a policy for the first time then shop around so you only ever pay for the level of cover you need.”
