Welfare Reform: Could You Survive On The Basic ESA Rate, £64.30?

The Employment and Support Allowance (ESA) was introduced throughout the UK last year as part of the Welfare Reform Act. One of the measures put in place to help the Government reach their target of getting a million people in the UK off incapacity benefits by 2015.

New criteria for claiming incapacity benefit and encouraging potential claimants back into work seem to be working.

From launch in October 2008 to February 2009 (the most recent figures available at the time of writing) 800 claims for ESA were made of which 11% were deemed eligible for ESA support, meaning a massive 89% of claims for incapacity benefit were rejected.
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Legal and General Now Offering Multi-Product Discount

November 24, 2009

Legal & General has introduced a multi-product discount which is available through Contact Insurance and other insurance and financial brokers. The discount applies to people buying more than one product (such as life insurance with income protection) or for two individuals applying for separate products on the same application form - excluding joint life policies.

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Free Will Writing Service: WillAid.Org.UK

November 4, 2009

As we’ve mentioned in a couple of pages on this site, if you don’t have a legal will in place you could be leaving your loved ones in a difficult situation. Potentially waiting months while your estate is split according to the rules of intestacey.
In November, you can have a basic Will professionally drawn [...]

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Life Insurance to Pay Inheritance Tax (IHT)

September 25, 2009

It is expected that during this financial year HM Revenue and Customs are likely to collect £2.3bn in inheritance tax (IHT), the product of taxing people’s assets and cash when they die.
A good method to avoid paying any prospective IHT bill is to take out a Life Insurance policy. A life insurance policy can be [...]

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Tips When Looking for Critical Illness Cover

June 3, 2009

What is Critical Illness Cover
Critical illness insurance is a long term insurance plan, designed to ease any financial pressure by paying out a tax-free lump sum if you are diagnosed with a serious illness or become totally disabled. For the policy to pay, you must survive for at least one month after becoming critically ill.
The [...]

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3 Tips for Preparing a Will

May 29, 2009

It is believed that 1-in-3 adults in the UK will die without making a will, and as many as 1/2 of the population aged over 45 have not made a will. Writing a will can guarantee your money, property and other assets will be passed on to the people you want to receive it.

It is [...]

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Benefits of Trusts

May 29, 2009

We’ve just published a lengthy article on the benefits putting your life insurance policy into “Trust” and why we recommend that most of our customers fill in the simple form required to do this. If you don’t have time to read the full article, below are the main benefits:

Ensure your Estate goes to the right [...]

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