Insurance and the government cuts

Cuts, cuts, cuts. There are more cuts going on in public spending right now than there are in barber shops.

As we navigate our way through our futures we're going to find some surprises along the way. Will the age of retirement edge up further and further until 'retirement' becomes a euphemism for, well... being dead?

As the cuts begin to be felt - there will necessarily be a corresponding change in the private sector. A lot of the public sector jobs that are being exterminated, Dalek style, are expected to be replaced by posts in the private sector.

And this is where insurance is bound to play a part - when you think about the unstoppable changes that are taking place, it makes certain kinds of contingencies all the more important. Where once such things as life assurance, payment protection plans, health cover, redundancy cover, children health insurance - etc - could have been seen as add-ons for the comfortably off, it now looks like they'll be increasingly important for all of us.

Posted in: child healthcare insurance,cuts,life assurance,redundancy insurance