Protection was the name of the game in this weekend’s money sections
Insurance comes in all shapes and sizes and this weekend’s money sections gave a good shot at covering all its various guises.
Keeping it topical Jordan Baker at the Mail on Sunday looked into the oil spill and its impact on travel insurance. Unfortunately, if holiday makers decided to cancel their holiday due to the oil slick near Florida preventing them from getting onto the beach you will most likely not be covered. You have been warned!
Esther Shaw at the Sunday Express cautioned readers not to be lured by apparent summer sales from insurers. As is the case with most purchases, shopping around is key to ensure that a bargain truly is what it claims to be.
However, Andrew Hagger of Moneynet.co.uk urged us, in his article in the Independent, not to dismiss Payment Protection Insurance (PPI) out of hand. Even acknowledging the mis-selling of PPI over the years Hagger said that some people that need this type of cover and will be scared off by lenders being prohibited from selling this cover at point of sale.
The Times’ ‘need-to-know’ financial guide this week included a focus on… yes, you guessed it, insurance – top tips included how to cut car insurance premiums. On the theme of car insurance the ‘Pound notes’ section in the Sunday Mirror featured research from the Co-operative showing that more than four in 10 parents are illegally fronting their children’s car insurance. Still on the topic of cars, Miles Brignall at the Guardian warned of the pain of paying excessive insurance on hiring a car can be alleviated by buying much cheaper insurance online.
The Independent on Sunday focused on more of a niche, yet timely form of insurance. With the summer festival season having been kicked off with the Isle of White festival last weekend, Chiara Cavaglieri informed readers how to keep their possessions safe whilst partying.
The rest of the scores on the board this weekend were as follows:
Charity | 0% |
Credit cards | 6% |
Fraud/scams | 6% |
IFAs | 0% |
Insurance | 16% |
Investment | 27% |
Mortgages | 14% |
Pensions | 6% |
Regulation | 0% |
Savings | 16% |
Tax | 9% |
Utilities | 0% |