Overview of UK Insurance Products

n this day an age, insurance products are available to protect you against every eventuality. Below is an overview of the main insurance products which may be of interest to you:

• Car insurance - this type of insurance is designed to cover you in the event of damage/theft of your vehicle. All drivers are requried by law to have car insurance to be permitted to drive their vehicle.
• Home insurance - this type of insurance is designed to cover your home against damage. It can also be extended to cover the loss/theft of valuable possessions such as jewellery.
• Life insurance - this is designed to pay out to you family in the event of critical illness or death
• Travel insurance - this is designed to cover you whilst on holiday. Travel insurance is relatively inexpensive nowadays.
• Payment protection insurance - this type of insurance has been heavily criticised in recent years, and many customers have made claims against companies that previously offered these policies. This insurance was designed to make credit repayments on behalf of the customer in the event that customer lost their job or was unable to work, and therefore unable to make the repayments themselves.
• Pet insurance - this is designed to cover vetinerary costs in the event of your pet becoming ill or having an accident
• Employer and public liability insurance - this type of insurance is for businesses, and is designed to protect the business in the event of employees and/or the public being hurt as the result of negligence by the business