The Life Insurance Market
There's an interesting article today on lovemoney.com that ranks the claims ratio - the figure that tells us how much of the money we pay in premiums is paid out in claims - of various types of insurance products.
Life Insurance came out on top of the pile with 160% claims ratio.
Premiums have been falling for years and are continuing to fall so it is a product that is currently very good value for money.
Other products such as Income Protection and Critical Illness Cover are highly important to consider too and also have good payout rates.
To read the article visit
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