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New figures today from the House of Commons library show that British graduates will only be able to pay half of their loans with their estimates that taxpayers will have to pay £2.5 billion more in taxes to compensate for these student debts.


As two of the common cancers affecting men and women – Prostate and Ovarian cancer - are the focus of March awareness campaigns, AIG outlines how its unique Cancer Cover insurance policies provide vital financial and emotional help when it is needed most.  
Chartis Direct has launched a new Heart Attack and Stroke insurance policy, which gives cash payouts on diagnosis of either a heart attack or stroke.  There is a choice of cover level, giving £15,000, £25,000 or £50,000 on diagnosis.
A new survey has revealed that £454.60 is the average amount of money that people would lend to a friend suffering from a long term illness such as cancer. This equates to just less than a week’s extra pay, based on average gross weekly earnings of £458*.
A leading debt management company is reporting a rise in the numbers of its customers who cite loss of sleep as a direct result of debt anxiety as a major catalyst for contacting the company for help.
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Insurers can’t charge women less than men

The European Court of Justice has ruled that insurers can’t consider gender when setting insurance premiums.

01-03-2011

Charging men more for car insurance than women would amount to sex discrimination. Will premiums for men go down while premiums for women rise? Probably. If the degree of risk has been accurately calculated into the premiums in the past it’s likely that premiums for men will remain the same and those for women rise to match. If premiums for men reduce to the level of women’s premiums I’ll eat my hat.

Annuity rates have changed already in anticipation of the ruling.... but as implementation has been deferred til 21st Dec 2012. As things stand, women receive lower pension annuity rates because they tend to live for longer than men.

Because women have a longer life expectancy, they pay less for life assurance but more than men for critical illness insurance.

We'll be keeping a watch on changes.  

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