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Tuesday, November 30, 2010

Insurance inventory - from home to health

We all like to take stock of our financial situation every so often. Make sure the credit card isn't getting relied on too much, maybe check those savings accounts, and so on. But beyond the every day stuff, a lot of people also have various life assurance policies and so on. We often hear stories about people who didn't even know they had a policy with a company, only to receive a payout when the company demutualised. Then there's the complicated world of pensions - for which the services of a financial adviser are probably a good idea.


Thankfully insurance is a lot more simple, but do you know what you are actually insured for, and to what level? It shouldn't take too much effort to find out, especially in these days of internet and call centres where information is more readily available. Getting a picture of your insurance means that you can decide if there are other policies you may need. If you decide that you need for instance pet insurance or private medical insurance, it's easy enough to get a health insurance online quote and take it from there.

The most important thing is to stay in touch with all your finances - by having the bigger picture you will be able to plan for the future more easily and have more control over things.

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