Home >
All >
Lights, camera, action!
Did you know that Jackie Chan’s stunt team has been blacklisted by all insurance companies, leaving Chan to pay out himself for any injuries? Fortunately, for most people it is considerably easier to get covered, so there is no excuse to be uninsured.
Over a third of people say they are more likely to buy protection insurance because of their experiences during the pandemic1, indicating how the devastating impact of COVID has clearly led many to reassess their priorities and to seek the reassurances provided by protection insurance. This reassurance comes from hearing that 98% of protection claims were paid in 20202. Witnessing the pandemic’s impact on the health of others was cited as the main reason people were now more likely to take out protection insurance.
Affordability
Perceived cost, however, remains a barrier for some. Indeed, almost a third of people say they haven’t taken out protection because they think it would be too expensive.
It’s a wrap
Protection is a crucial component of a balanced financial strategy and, with policies starting at just a few pounds a month, it is a small price to pay for the peace of mind it provides.
Take action in 2022, to protect those you love.
1Hymans Robertson, 2021
2ABI, 2021
It is important to take professional advice before making any decision relating to your personal finances. Information within this document is based on our current understanding and can be subject to change without notice and the accuracy and completeness of the information cannot be guaranteed. It does not provide individual tailored investment advice and is for guidance only. Some rules may vary in different parts of the UK. We cannot assume legal liability for any errors or omissions it might contain. Levels and bases of, and reliefs from, taxation are those currently applying or proposed and are subject to change; their value depends on the individual circumstances of the investor. No part of this document may be reproduced in any manner without prior permission.
The value of investments can go down as well as up and you may not get back the full amount you invested. The past is not a guide to future performance and past performance may not necessarily be repeated. If you withdraw from an investment in the early years, you may not get back the full amount you invested. Changes in the rates of exchange may have an adverse effect on the value or price of an investment in sterling terms if it is denominated in a foreign currency.
Information is based on our understanding of taxation legislation and regulations. Any levels and bases of, and reliefs from, taxation are subject to change.
Tax treatment is based on individual circumstances and may be subject to change in the future.
Other Insights of interest
23rd April, 2024
Residential Property Review of April 2024
Upcoming election has not discouraged potential movers A survey by Savills has found that the…
Read full insight
23rd April, 2024
Commercial Property Review of April 2024
Commercial property market update Latest research from Cluttons indicates that vacancy rates hit 4.1% at…
Read full insight
17th April, 2024
The surging cost of retirement
According to the Pensions and Lifetime Savings Association (PLSA)9, a ‘moderate’ standard of living includes…
Read full insight
17th April, 2024
Confidence returns
Increased investor confidence in equity funds over the last few months has been evidenced by…
Read full insight