Advice on managing your finances
These days, you can insure almost anything of value. Hollywood celebrities even insure their beautiful legs and winning smiles!
In reality, most people only need to insure the things most important to them - namely their home, car and family. Even when you're trying to repay debt, these types of insurance can be very important.
However, if you're focused on repaying your debts as quickly as possible, you'll want to find the best possible insurance deals for your circumstances. You can do this by:
It's also important to know what you want from your insurance. With that in mind, here's a quick rundown of some of the most important types of insurance.
If you own a car or motorbike, it's a legal requirement to insure it. There are different 'levels' of motor insurance, so you'll need to find the one which is right for you - and which you can afford.
There are two important varieties of home insurance - buildings and contents.
If you own a property, it's a good idea to have buildings insurance, in case there is any damage to your home from a fire, natural disaster or the weather. This cover could also extend to things like fixtures and fittings, such as fitted wardrobes. It's also worth noting that some mortgage providers require you to have this type of insurance.
Your furniture, white goods, laptops, stereos, computers, etc. could be worth thousands of pounds. Contents insurance can often protect your possessions in the event of fire damage, accidental damage, loss or theft.
New-for-old cover could replace any of your items with an equivalent new item. Depending on the policy you choose, it might also cover your possessions when you take them out of your home.
Life insurance can pay money out to your family or loved ones in the event of your death. This can really provide peace of mind if your family are dependent on your income.
Individual policies vary, but in general there's:
To make life easier, let us call you free of charge. Simply fill in your details.
Find out more about the fees involved with our debt solutions.