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Compare Life Insurance Quotes From A Wide Range Of Providers

Since the start of the global recession in 2008, consumers have become more and more frugal with how they spend their money and approach their finances as a whole. Redirecting funds from high end or luxury products such as property and cars, consumers have begun to avidly protect their savings as well as shop around for better deals on other financial products.

Compare Life Insurance Quotes From A Wide Range Of Providers

It’s no surprise – with an increase in market activity – that life insurance premiums are the lowest they’ve ever been with prices gradually dipping over the last ten years. With insurance providers across the board offering competitive deals whilst attempting to stave off the recession themselves, it would seem the arrival of QuoteBoffin.co.uk couldn’t have come at a better time.

The new QuoteBoffin.co.uk website [ http://www.quoteboffin.co.uk ] allows consumers to get competitive quotes for life insurance by comparing the market. Once completing a simple online form, QuoteBoffin.co.uk aims to have an advisor contact consumers within 24hours to discuss the most economical and competitive options available from a range of insurance providers on the market.

Refreshing offers and provider database on a daily basis, QuoteBoffin.co.uk vows to be “a one stop shop for some of the most up to date life insurance quotes on the market today.” The company also hopes that their emphasis on simplicity, ease of use and the clarity of their online form will encourage people to get a better deal and compare life insurance quotes to save both time and money.

The newly launched QuoteBoffin website also emphasises the importance of life insurance cover describing it as ‘invaluable’. Currently less than half the UK population have life insurance which – should there be a death in the family – can leave loved ones the unfortunate task of having to pay off huge debts or mortgages in the name of the deceased. Organising an affordable life insurance package not only takes moments to do but ultimately provides peace of mind.

About QuoteBoffin
Quoteboffin.co.uk is an online insurance comparison website offering life insurance comparison tools that allow users to search the market and procure the best life insurance policies and quotes.

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Understanding Texas Home Insurance Options

It is a smart idea that no matter what state you live in, you familiarize yourself with the types of policies and market rates for that particular state. Texas is no exception to this rule so it is important that when you’re shopping online for home insurance quotes you know what policies insurance companies in Texas offer.

Understanding Texas Home Insurance Options

According to an article recently published on InsuranceAgents.com, searching for homeowners insurance quotes in Texas is just like searching for homeowners insurance quotes in any other state, only the rates may fluctuate from company to company. However, the types of policies are usually standard no matter what company you check out.

The article states, “Insurance companies in Texas offer their own particular policies that are relevant solely to Texans. Once you have a sampling of what Texas homeowners insurance offers you can shop for homeowners insurance quotes more effectively.”

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Interest Rates Are Held, But Mortgage Lenders Hike Their SVRs

2010 has started with yet another interest rate hold by the Bank of England – the tenth consecutive hold decision since Bank Rate was cut in March to an all-time low of 0.5%.

Interest Rates Are Held, But Mortgage Lenders Hike Their SVRs

Mortgage lenders Standard Variable Rates (SVRs) have also been very low over the last year, but despite Bank Rate remaining unchanged, a number of lenders have been increasing their SVRs – pushing up mortgage costs for thousands of borrowers. As this trend continues, more and more borrowers should consider switching their mortgage to a new deal.

Although SVRs tend to follow the Bank Rate, lenders can change their own rate at their discretion. Lenders such as C&G and Nationwide have rules in place which guarantee that their SVRs can be no more than 2% above the Bank’s base rate, but other lenders have no such restriction.

While the SVRs of both C&G and Nationwide remain at 2.5%, a number of lenders have recently increased their rates and some are now charging more than twice that rate. Marsden Building Society recently announced an increase in SVR from 5.49% to 5.95% effective this month and Kent Reliance increased theirs by 0.3% to a huge 6.08% from 1st December.

Others have increased by even bigger margins. Accord (part of Yorkshire Building Society), last month raised its SVR by 0.65% and Cambridge Building Society went up by 0.59%.

Most recently, Mansfield Building Society announced that it was increasing its SVR by 0.35% to 5.59% – effective from the 11th January for existing borrowers.

David Hollingworth, Head of Communications for L&C, said, “Following these rises, the gap between the lowest and highest SVRs is now more than 3.5%, so depending on which lender you’re with, paying the Standard Variable Rate could prove costly.

“If you’ve been paying your lender’s SVR, don’t just assume that it’s the best rate for you at the moment – you could be paying more than you have to and you could see you monthly mortgage payments increase out of the blue.”

A simple way to check if you’re paying too much for your mortgage is to use L&C’s 1 Minute Mortgage Check answer 3 simple questions and they’ll tell you if you could save money on your mortgage.

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A New Year ‘Stop Smoking’ Resolution Could Save You Money on Life Insurance

Not only will those who quit benefit from a substantial cut in expenditure from the cigarettes themselves, but once they have not smoked or used tobacco or nicotine products for 12 months, they will also be able to benefit from non smoker rates for their life insurance.

A male aged 35 with a 25 year level term life insurance policy could reduce their monthly premium by 42%* by being eligible for non smoker rates, saving £78 a year.

Smokers who quit can request an automatic reminder by email or text to review their life premiums after 12 months by using L&C’s LifePROMPT service.

Richard Morea, technical manager at L&C says “those who stop smoking at the start of 2010 should register with Lifeprompt now so they are reminded to review their life insurance costs in 12 months time. If they are successful in their quest to stop smoking, they will also be able to benefit from savings on their life insurance this time next year”.

*Monthly premium for a male aged 35, non Smoker, £100,000 level term insurance policy £8.90
Monthly premium for a male aged 35, smoker, £100,000 level term insurance policy £15.40

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Finding Cheap Life Insurance Easier Than You Think

To those who have wondered whether or not a cheap life insurance policy exists today, a newly published article on InsuranceAgents.com answers with an emphatic “yes.”

Finding Cheap Life Insurance Easier Than You Think

“Cheap life insurance does exist and its target market are people under 30, that are starting a family,” the articles, ‘Cheap Life Insurance’ states. “Most times cheap life insurance is term life insurance.”

Term life insurance is a policy that has an expiration date. After the term is over, the coverage ceases, as well, unless the policyholder passes on during the term. It’s typically the cheapest life policy to buy. More expensive (but more comprehensive) is a whole life insurance policy—these policies aren’t cheap unless you invest in them very young.

Life insurance can be the line between a financially-broken grieving family and a family that can focus on the death of a loved one because they don’t have to worry about income.

“The death of a loved one is tough enough; combine that with financial devastation and the situation just got worse,” the article states. “A life insurance policy takes care of those you love, should the unthinkable occur.”

The funds from a life insurance policy can be used for any number of things the beneficiary(s) may need to pay for like funeral costs, any mortgage or debts left behind, sending the children to college, and even allowing the family time to grieve before returning to work.

A great way to find cheap life insurance rates is to search online for quotes. You can obtain several life insurance quotes and policies, allowing you the opportunity to compare coverage, rates and insurance providers.

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Invest in Life Insurance Now for Your Children

Nothing is more precious to a parent than the guaranteed protection of their children. Children’s life insurance is among the most valuable protection a parent can invest in. It offers a variety of benefits and is affordable. According to a recent article by InsuranceAgents.com, parents willing to spend several dollars each month can obtain valuable coverage for their children throughout their lives.

No parent wants to contemplate about the time when their child—whether they’re 8 months, 8 years, or 80 years old—will pass on. But it can be a very valuable and wise to make the investment when it’s at its most affordable, according to the InsuranceAgents.com article, ‘Children’s Life Insurance: A Solid Investment.’

There are many reasons to compare life insurance rates for children, though parents may not want to think about any of them. Some reasons include:

1. Funeral/burial costs. A child’s death yields some expensive funeral expenses—bills you won’t want to worry about if you need to grieve. Burial costs and grief counseling alone can range between $6,000 and $15,000.

2. It won’t cost much. Children’s life insurance can cost mere dollars a month. And if you fix the rate at the earliest opportunity, your child could have life insurance coverage throughout their life and benefit from such an amazingly low rate.

3. Ultimate protection. “Life insurance can be hard to obtain for people with unfortunate genetic traits or preexisting conditions. Investing in children’s life insurance cuts the risk of your child being denied coverage later on in life if they develop a disqualifying condition,” the article states.

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M&S Home Insurance Helps Householders Reduce Their Environmental Impact

M&S is the first home insurance provider in the UK to offer policyholder claimants two unique features to help reduce their impact on the environment.

M&S Home Insurance is now offering the features to new customers at no added cost and will be making them available to existing customers on policy renewal from 1st February.

While lost or damaged possessions are usually replaced with equivalent new items M&S Home Insurance claimants for fridge freezers, refrigerators, washing machines, tumble dryers or dishwashers, will be offered an environmentally-friendly A rated energy-efficient replacement, saving up to 140kg of CO2 each year*.

Additionally, insured properties requiring a rebuild will be reconstructed in line with the Code for Sustainable Homes (CSH) 4, using sustainable materials where possible, emitting at least 44% less CO2 than building regulations stipulate**.

David Wells, M&S Head of Insurance, said: “These new policy features, which we believe are firsts in the UK insurance market***, mean that the M&S Home Insurance policy is one of the most environmentally friendly products of its kind.”

Nick Kidd, of AXA Insurance, said: “It is becoming increasingly common for companies to launch ‘green’ products on the basis of carbon offsetting facilities which our research suggests is not valued by customers.

“The M&S product goes significantly further by providing tangible environmental benefits which will help customers to save energy, save money and ultimately, to help save the planet. According to the Energy Saving Trust, the average home will emit around 5 tonnes of CO2 a year, so these new product features can have a real impact.

“At AXA we’re committed to reducing our negative environmental impact and are really pleased to work with M&S Money on this innovative product.”

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Responsible Homeowners Receive Lower Home Insurance Quotes

A recently released InsuranceAgents.com article, “Maintaining Your Home Could Lower Your Home Insurance Rates,” seeks to show homeowners how proper up-keep of a home will help save them money on their premiums.

“You can lower your annual premiums by properly maintaining your home throughout the year,” the article states. “Take the safety and well-being of your home seriously.”

Here are some ways to protect homes from the most common sources of damage:

• Fire – Smoke detectors, multiple fire extinguishers, properly cleaning and maintaining the fireplace, etc. are all ways to protect against fire and find significant homeowners insurance discounts.

• Theft – Deadbolt locks, security systems, motion sensor lights will protect homes from burglary as well as lower home insurance rates. Taking this initiative shows insurers their client is a low risk and takes protecting their property seriously.

• Water – Leaky pipes can cause extensive water damage to homes. Check the heating and cooling systems regularly for any irregularities and patch them up as they come along.

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What To Ask When Getting Home Insurance Quotes

Homeowners insurance rates are rising in many states. As such, it’s more important than ever for homeowners to find ways to save money on their home insurance policies. Just as important to homeowners, they need to be aware of what factors affect their home insurance premium. As a recently published article on InsuranceAgents.com states, too many homeowners are not aware of what questions to ask agents and thus are unable to determine what is important when it comes to designing a policy.

The InsuranceAgents.com article, “What To Ask Agents: Homeowners Insurance Quotes Shopping,” lists different coverage options and questions homeowners may want to discuss with their agents. Doing research beforehand will result in homeowners being more confident and becoming aware of what specifically they want in a home insurance policy.

First, homeowners need to know what factors affect whether they find affordable or costly home insurance quotes.

“These days it’s about money, money, money. The whole reason to invest in insurance is to guard against financial loss. But no one wants to take out a second mortgage just to pay the premiums. So of course homeowners will need to know what factors (credit history, age and condition of the home, pets, lifestyle, etc.) cause home insurance quotes to skyrocket and which factors yield the most affordable rates,” the article states.

Also, to determine that your agent is someone whom you can trust to help you customize your home policy, you may want to conduct quick informal interviews with the agents who offer you home insurance quotes. Your agent should be reliable, trustworthy and experienced (find one with at least a few years’ worth of insurance experience.

“Check with your state’s insurance department to make sure any agent you interview is licensed. Better yet, ask the agent for proof of their license. Furthermore, conduct interviews with any agent you’re considering giving your business to. As a homeowner, that’s your right,” according to the article.

Homeowners should also look into what special hazards their area presents; any additional risks to your property need to be included in your home insurance policy to make it more thorough. Read the article on InsuranceAgents.com to discover more questions to ask your agent and educate yourself on the importance of a home insurance policy.

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Improved Life Insurance Cover

For people with children Axa has increased the percentage of the sum assured they will pay out under the children’s cover benefit from 25 per cent to 50 per cent, or £25,000, whichever is lower as part of their critical illness cover. In addition the number of children eligible for cover has now doubled from two to four.

As well as taking standard life insurance cover which pays out in the event of death, many consumers should also take critical illness cover which will pay out in the event of a number of specified serious illnesses.

Commenting on the improved terms David Hollingworth said ‘Sometimes these policies have been criticised for being too restrictive. It is encouraging that life insurance providers are now offering greater flexibility through premium reductions and additional benefits so that consumers get cover at the optimum price’.

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Guide to Separating Homeowners Insurance after Divorce Released

While divorce is generally a hard time in many people’s lives, the best way to lessen the pain is to know how to take things apart, like property, rights, and particularly homeowners insurance, according to a recent InsuranceAgents.com article, “Home Owners Insurance and Divorce: An Unfortunate Combination.”

Divorce is a huge life change, and it forces individuals to reassess their finances, and that should include the homeowners insurance policy.

“If you plan on keeping the home after the divorce, it is imperative you follow the guidelines to ensure a convenient and stress-free process. Divorce can be an expensive dispute, but that doesn’t mean your homeowners insurance policy has to as well,” the article states.

When a homeowners insurance policy is drafted, its details (like the amount of the deductible), and included coverage options, etc., is all determined by the client(s). In other words, the lifestyle (routine, income, shared personal belongings, and way of life) of a person and their spouse (or soon-to-be ex) determines who the homeowners insurance policy is customized. So when one spouse of is out of the picture, the existing homeowners insurance policy’s coverage is no longer 100 percent relevant and needs to be updated.

It is also important for the spouse who retains ownership of the home to focus on the deductible of the homeowners insurance policy. The policyholder can either get a lower deductible and pay a higher premium, or get a higher deductible and pay a lower premium.

“Depending on your situation following the divorce, each type of deductible may have different benefits for you,” according to the article.

Divorce can be time-consuming, expensive and painful. To reduce the amount of stress and burden on a person, knowing how to split the big things—the home, personal belongings, homeowners insurance policy—will go a long way.

To learn more and/or request home owners insurance quotes, visit InsuranceAgents.com.

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Put Home Insurance Top Of The Christmas Wish List

As a survey reveals that a third of households leave gifts under the Christmas tree well before the big day, home insurance provider M&S Money is advising householders to make sure security remains a priority this festive period.

Crime statistics reveal that domestic burglaries increase during the coldest and darkest months of the year – November, December and January (Home Office Report ‘Seasonality in recorded crime’).

The increased value of property stored in homes in the weeks before Christmas means that householders should be particularly vigilant to the threat of a break-in.

A survey by home insurance provider M&S Money has revealed that security is the last thing on the minds of 39% of householders who say they leave presents under the Christmas tree well before December 25th. Only 7% of householders are security-minded and wait until Christmas morning to put presents under the tree.

Furthermore, only 20% of people say they are ‘very confident’ about what is covered by their home contents insurance, meaning many people may be unaware they are exceeding the limits of their normal home contents insurance cover.

While 75% of UK households have home contents insurance, only 7.53% of policies across the market offer unlimited sum cover for the contents of homes. M&S Home Insurance gives unlimited cover so policyholders can relax knowing that they will never be underinsured, no matter what the value of the presents stored at home.

David Wells, M&S Head of Insurance, said: “At Christmas it’s easy to get caught up in the excitement of the season and forget about home security. However, we all know there are criminals who see this time of the year as providing them with rich pickings.

“Householders can take practical measures to deter burglars and protect their homes by keeping expensive Christmas presents out of view, closing curtains during the long dark December evenings and fitting timers to lights and radios which will create doubt in the burglar’s mind.”

David added: “Christmas should be a fun time of the year. By making sure you have adequate home insurance you can enjoy festivities in the knowledge that the contents of your home are protected should the worst happen.”

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M&S Money Encourage World Cup Travellers To Keep Track Of Currency Rates

M&S Money has advised football fans heading to South Africa for the World Cup in 2010 to keep track of currency rates rather than wait until next summer to purchase their spending money. Supporters will be paying thousands of pounds on flights, hotels and match tickets, and will want to get the most for their money when buying South African currency – the rand.

Figures from M&S Travel Money show that the rand rate has fluctuated against sterling by as much as 3.3 rand per pound during the past year. In October travellers could get 11.39 rand per pounds, compared to 14.69 rand last December.

With no way of predicting what the rate will be next summer, British football fans should keep track of the rand rate over the coming months.

James Yerkess, Head of M&S Travel Money, said: “England football fans will be looking forward to following the team in South Africa and will be spending a lot of money to make sure it is the trip of a lifetime.

“Fans would be wise to start thinking now about how and when they are going to purchase their foreign currency. Those who buy all their currency in one go next summer could find that the rand rate is particularly strong against sterling.”

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LV Launch New Website For Advisors

LV=, the leading retirement solutions and protection provider, has launched a new website for advisors. The new site brings all elements of previous web offerings for advisers from LV= together in one place, with various added benefits and services.

Among the additions to the new LV= advisor website is access to the full range of award-winning LV= products without having to log-in, with log-in only required for product quotes and applications. The log in process itself has also been simplified on the new site, with users having the option to use Unipass for further online security.

Users visiting the new site will also enjoy improved site navigation and the opportunity to download a range of product toolkits and support materials. Advisers can apply online to LV= for terms of business.

Justin Harper, Head of Adviser Marketing at LV=, said: “We are delighted to announce the launch of our new adviser website. It was designed with one goal in mind – to make it as easy as possible for advisers to access information about LV= products and then transact business with us quickly and efficiently.

“Virtually all the information advisers need is just a couple of clicks away, so they can get the support they need with no hassle. A simplified log-in process, or the ability to use Unipass, means that getting quotes and submitting product applications is easier than ever.

“We are always looking at ways to improve the service we give to advisers and our new website is just one step along the way. Watch this space for further developments.”

About LV=
LV= is a registered trademark of Liverpool Victoria Friendly Society Limited (LVFS) and a trading style of the Liverpool Victoria group of companies.

LV= employs more than 3,800 people, serves over 3.6m customers and members, and manages around £7bn on their behalf. We are also the UK’s largest friendly society and a leading mutual financial services provider, supplying retirement solutions and many other award winning LV= products.

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Survey Shows the Benefits of Arranging Life Insurance Young

L&C’s October survey of people arranging life insurance through them showed 44% of people were over the age of 45.

This is despite the fact that life insurance gets more expensive with age. In the survey, the average monthly premium for the 56+ group was 35% more than for those aged 26-35. Many people don’t expect the unforeseen at an early age and can often prioritize other items above buying protection. However, there are financial benefits, not to mention peace of mind, from buying protection early. The survey showed that people in the 26-35 year old group had an average monthly premium of just £26.29 – less than a pound a day. This was despite 55% of people in the younger group being smokers compared to only 6% in the older age group.

L&C’s Richard Morea said The younger you are when you take life cover, the cheaper it will be. People should consider it an essential item like motor or household insurance. Waiting until you’re old to get the protection habit means you’ll not have the peace of mind having protection brings – and the monthly cost will be higher.

For more information and free life insurance advice, call 0800 0731932.

London & Country (L&C) is the UK’s leading no-fee mortgage broker. Based in Bath, it provides whole of market advice via telephone and post to clients nationwide. As well as residential mortgages, it also specialises in the Buy-to-Let and adverse-credit sectors.

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Borrowers With Interest Only Mortgages Need Only Answer 3 Questions

Borrowers with interest only mortgages need only answer 3 questions – the current value of their property, the size of their mortgage and either their current monthly mortgage payment or interest rate. Borrowers on a repayment mortgage will also need to know the remaining term on their mortgage. The calculator checks against L&C’s comprehensive mortgage product database to see if there is a mortgage deal that could save the borrower money.

Now house prices are starting to show signs of recovery, more and more borrowers will find themselves in a position where they can switch and save. The One Minute Mortgage check offers a quick and easy way to see if the time is right to switch. The One Minute Mortgage Check calculator is available at www.lcplc.co.uk/check

London & Country (L&C) is the UK’s leading no-fee mortgage broker. Based in Bath, it provides whole of market advice via telephone and post to clients nationwide. As well as residential mortgages, it also specialises in the Buy-to-Let and adverse-credit sectors.

L&C is a Climate Neutral company and for the last seven years has invested in climate friendly projects and tree-planting to help offset its emissions and those of its customers. For more information, go to http://www.lcplc.co.uk/green.

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Learn How to Customize Business Insurance Policies

With any insurance policy, the consumer should take the time and care in making a checklist with their insurance agent to make sure all their bases are covered. Only a personally tailored business insurance policy stands the chance of being efficient while also providing the necessary amount of coverage, according to an article recently published on InsuranceAgents.com.

“When venturing out and starting your own business, it’s important to financially protect it with a quality business insurance policy,” states the article titled, ‘Make Your Own Business Insurance Policy Checklist.’ “Having all of the right coverage options and necessary inclusions will protect you from serious financial loss later.”

Here are several necessities that should be included in any business insurance policy. Without these, a business insurance policy is pretty much obsolete. Depending on the nature of the business, some types of coverage should be emphasized while others should be minimal. Talk to a licensed professional about the needs of your specific business.

-Reparation/replacement coverage for any damaged property or assets
-Liability coverage with high enough limits
-Reimbursement of any income loss if the company temporary ceases productivity (this is known as interruption insurance)
-A deductible that fits within the framework of the company’s budget
-Optional: workers compensation and health insurance for employees

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Homeowners Insurance Tips for Halloween

Generally speaking, one doesn’t usually associate Halloween with homeowners insurance. One is a night of fun-filled night of adventure, sweets, and costumes while the other is, well, there. But when it comes to saving the headache and expense that goes into filing a homeowners insurance claim, even the most festive Halloween appreciator will perk up and listen. According to an article recently published on InsuranceAgents.com, homeowners planning a Halloween party should take a few simple precautions so they don’t find themselves in a claim situation.

Halloween is one of the few occasions where homeowners across the country actually invite total strangers onto their property. With all the elements involved, anything can go wrong and it is for that reason why a quality homeowners insurance policy is important. “If you are planning a relatively large party then you might want to consider additional homeowners insurance coverage,” states the article titled, ‘Halloween Parties Gone Bad: Homeowners Insurance Affected.’ “You should consult your home insurance agent about your options regarding additional coverage for an event such as a Halloween bash.”

The first step in keeping a Halloween party safe is keeping the pets away. Even the most gentle of animals can go off on an unsuspecting guest without notice. This could, unfortunately, lead to a costly homeowners liability insurance claim. So don’t take the chance and just lock Fido in the basement for the night.

Home fires are another unfortunate occurrences at some Halloween festivities. With Jack-O-Lanterns and candles in bags lighting walkways, any number of circumstances could take place which could result in an untimely and unfortunate house fire. So be cautious and don’t be a part of the staggering statistics relating holidays and house fires.

Halloween is supposed to be a worry-free night of fun and adventure. So keep it that way with the aforementioned simple precautions. Visit InsuranceAgents.com today to learn more about saving on all types of insurance.

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No Kidding – Average Age of Child on Parent’s Car Insurance is 31

In the past year the average age of a child named as a second driver on their parent’s car insurance policy has shot up from 25 to 31 years old, according to new research from uSwitch.com. As the recession takes its toll on the Bank of Mum and Dad, 10 million drivers (39%) have a second named driver on their policy and 2.5 million (10%) of these are offspring.

Being named on a parent’s policy is a legitimate practice, providing that the child in question is not the main driver of the vehicle. However, with insurance premiums on the up, high petrol prices and other escalating costs, keeping a car on the road has become challenging for many young motorists. As a result, many are putting themselves on the wrong side of the law by indulging in a fraudulent practice known as ‘fronting’.

‘Fronting’ takes place when a young person buys and registers a car in their own name, but the insurer is falsely told that a parent is the main driver – and cases have shot up since the onset of the recession. According to the Association of British Insurers (ABI), ‘fronting’ and other forms of insurance fraud have increased by 30% since 2007 and the cost of undetected fraudulent general insurance claims is now estimated at £1.9 billion a year, up 24% from £1.6 billion two years ago.

Ultimately consumers end up paying the price for this activity – insurance fraud now adds an average of £44 a year to every household’s general insurance costs.

In addition to ‘fronting’, some young motorists are taking cost cutting to an extreme with as many as one in five (250,000) 17-20 year olds driving without insurance, according to the Motor Insurers’ Bureau (MIB). In the current economic climate it’s also unsurprising that many feel forced to downgrade their type of cover to the more affordable ‘Third Party’.

Young drivers are not alone in this – one in five (20%) of all third party policy holders have opted for a reduced level of cover because they are simply unable to afford fully comprehensive cover in the current financial environment.

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