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Warning About Life Insurance LiesMillions of people have put their life insurance at risk because they lied about their health status. They face the possibility of having their life insurance and critical illness policies cancelled. Reliant Consumers Fuel Credit Card FraudNew findings have shown the continued large presence of credit card fraud as consumers continue to rely on their credit cards. A large percentage of British consumers struggle with credit payments and rely on their cards for finance. A Post Office study found that 25 per cent are even more dependent on credit cards than one year ago. Mortgage Approvals IncreaseMortgage approvals unexpectedly increased in January as house prices continued to fall. The Bank of England has released new data showing there were 74,000 mortgage approvals in January, which was up 2,000 from December. That month’s figure of 72,000 was the lowest since current records began in 1999. The surprise pick-up in the forward-looking indicator brings to an end a run of seven months of declines. Global Warming Affects Home InsuranceHow much you pay for your home insurance premium could be affected in the future by global warming. With the number of freak weather incidents rising, with gusting winds, severe storms and flooding now more common place, then good home insurance is an even more valuable investment. Car Insurance Prices and Vehicle Seizures Soar to Record LevelsVehicle seizures are at a record high due to increasing car insurance premiums. With car insurance costs having jumped more than five percent in a year more and more cars are now being clamped or towed way.
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