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Posts Tagged ‘coronavirus’
How to Get a Refund on Travel Insurance due to Covid-19
Posted byIn October 2019, it was reported by the Association of British Travel Agents (ABTA) that 88% of the UK population had a holiday last year. This year, however, the Coronavirus outbreak has had a huge global impact on the travel industry, with the number of daily flights dropping by as much as 80% since the…
I’m Using My Car Less: Can I Cancel My Insurance Policy or Get a Refund?
Posted byFor people who drive on UK roads, one of their biggest financial outgoings is their car insurance – whether they pay monthly or annually for cover. And due to current circumstances, people are using their vehicles a lot less than they were before the pandemic, as the government continues to urge everyone to stay at…
The UK’s 5 Biggest Financial Concerns Right Now
Posted byThe Coronavirus pandemic has brought about financial upheaval and distress for millions of individuals and businesses, leaving everyone feeling concerned and uncertain over their finances. With people having been furloughed or made redundant during these difficult and unprecedented times, it is no wonder that millions of people in the UK are looking for help and…
FCA Proposes 3-Month Payment Holiday for Those Who Can’t Make Car Finance Payments
Posted byOver the last few months, the coronavirus outbreak has had such a hit on people’s finances that lenders have had to put three-month payment holidays in place for those who have to repay a mortgage, loan and/or credit card debt. Additionally, the government has created and implemented financial schemes to help workers and the self-employed,…
Am I Insured to Drive my Car During the Coronavirus Lockdown?
Posted byThe government has advised the British public to stay home as much as they can during the coronavirus crisis in order to reduce the spread, and has said that people are only allowed to travel on UK roads for essential reasons, such as : Going to the supermarket to get food or medicine Travelling to…
More People in the UK Are Writing Wills, But Rules Clash With Social Distancing Measures
Posted byThe coronavirus outbreak has affected all aspects of our daily lives, and as a result of all the uncertainty and worry surrounding the pandemic, companies have seen a significant increase in the number of people wanting to know more about will-writing, life insurance policies and inheritance tax planning. It is understandable that during these difficult…
Motorists to Receive an Extension on Their MOT
Posted byThe coronavirus outbreak has changed the way we live our daily lives for the foreseeable future, with more and more people being affected every day; physically, emotionally and financially. Thankfully, measures have been put in place to help the British public, such as mortgage payment holidays, financial schemes to help workers and social distancing has…
Government to Support Millions of UK Self-Employed Workers with New Scheme
Posted byYesterday, Chancellor Rishi Sunak announced that a new scheme will be put in place to help all the self-employed workers across the UK whose health and finances have been affected due to the coronavirus pandemic. Here, we tell you the details, including what the new scheme is, who is eligible, how much the self-employed will…
What Are People Spending their Money on During the Coronavirus ‘Lockdown’?
Posted byOn Monday of this week (23/03/2020), Boris Johnson announced that the British public must stay at home for the next 3 weeks to try and reduce the spread of coronavirus. You are allowed to leave your home if: You need to travel to and from work (only if this is absolutely necessary) You need to…