Welcome To UK Insurance Guide

Finding the right insurance company can be bewildering, but the UK Insurance Guide will help you to select your state and the type of insurance you're looking for. All kinds of insurance policies are part of everyone's long-term financial planning. The UK Insurance Guide provides you information and tips which will help you to find the right policy for you and your family.

There is a huge confusion between life insurance and life assurance. Insurance means providing cover for an event that might happen whereas assurance means to provide cover for an event that is bound to happen. Life insurance is the coverage placed on the life of an individual where the insurance company is bound to pay an amount of money in the event of the policy holder’s death. Its purpose is to provide a regular source of income to the insured’s dependants and beneficiaries. Life assurance, whereas, is a policy that pays out a lump sum amount or a series of small amounts in the event of the policy holder’s death. Some may guarantee a payout, others expire after a certain period of time, with the purpose of protecting the dependants of the policy holder against financial hardship.