Life insurance market steady and strong

Fri, 28 Mar 2008

Even as the UK mortgage market takes a hammering from the credit crunch, with lenders reducing their ranges, re-pricing their loans and tightening lending criteria, the life insurance market remains healthier than ever.

The life insurance market is strong, and many mortgage companies and advisers are drifting into the life insurance sector to attempt to make up profits. One example of this recently highlighted in the life insurance news was Pink Home Loans, who have recently branched out from secured loans to offering life insurance .

Life insurance policies, although still suffering from a considerable protection gap, are becoming more popular in the UK. The unstable economy and world financial problems are leading many into uncertainty about their future, and life insurance is one way of guaranteeing security if the worst should happen.
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