Could you bounce back from an unexpected income shock?
We live in an increasingly uncertain world. In fact, for more and more people in the UK, economic insecurity has become the ‘new normal’ with at least 70% of the UK’s working population ‘chronically broke’, according to a recent study reported in the Guardian. The truth it seems is that... Read More 
Every working adult in the UK should consider this…
Which? Magazine has recently confirmed that one protection policy every working adult in the UK should consider is 'Income Protection' – but if you ask your friends or colleagues whether they know what income protection is, we expect that you might be met with a blank look. The Money Advice... Read More
FOUR IN A ROW – ESSENTIAL INSURANCE RECEIVES FEEFO GOLD TRUSTED SERVICE AWARD 2019
4th February 2019, Essential Insurance is proud to have won the Feefo Gold Service award for a fourth consecutive year. The award is an independent seal of excellence that recognises businesses for delivering exceptional experiences, as rated by real customers. Created by Feefo, Trusted Service is awarded only to those businesses... Read More
Crowdfunded funerals are on the rise
According to the BBC in 2018, the funeral of a Big Issue North seller was paid for through donations raised online, but just how common are crowdfunded funeral services nowadays? Donors and well-wishers made sure Peter Toulson received a "funeral befitting of a proud, dignified, lovely man". The magazine vendor died in... Read More
Every pound of lending is a pound that needs protecting – could a partnership with a protection specialist be the answer?
Latest statistics released by the Bank of England and the Financial Conduct Authority (FCA) have shown that 2018 Q2 has seen an increase in mortgage lending activity when compared with the previous quarter. New lending that lenders have agreed to advance in coming months are at their highest level since... Read More
Budget 2018 and other reasons why cohabiting couples might consider marriage
Official figures show that unmarried couples living under one roof are the fastest growing family type in the UK, more than doubling from 1.5 million families in 1996 to 3.3 million in 2017. However, with a growing proportion of people choosing to cohabit without marrying or entering into a civil... Read More
Life insurance myths busted
Life insurance is an important part of financial planning and each day families welcome the benefit financially from insurers. The Association of British Insurers (ABI) recently reported that insurers pay out £13.9m per day in income protection, critical illness cover and life assurance. Roshani Hewa, Assistant Director, Head of Health and... Read More
Can Brits afford not to insure their homes?
The jaw-dropping value of possessions owned by the UK’s 27 million households, and the amount that is uninsured was laid bare earlier this year by the Association of British Insurers (ABI). The value of the UK’s household contents is now nudging towards £1 trillion (one million million: £1,000,000,000,000), with the... Read More
It’s no fairy tale – income protection could offer financial security to ‘Peter Pan’ generation
A new study from LV= reveals that people in their early thirties are putting off life milestones such as having children or buying a home, due to being one of the least financially resilient groups in the UK. Dubbed the ‘Peter Pan’ generation, too many of this age group feel financially... Read More
Life insurance – a little advice could go a long way
These days we are fortunate, there has never been so much choice of insurance products designed to help us protect our loved ones. However, like so many things in personal finance, this can be a mixed blessing: on the plus side, with more variety comes the ability to tailor insurance... Read More