Customer Reviews of UK Insurance Companies

Insurance Buying Guide

Insurance policies and prices vary widely from one insurer to the next, so it pays to shop around and read insurance company reviews if you want the best cover. Before buying an insurance policy, you can decide to do the research on your own or seek expert guidance if unsure about the type of insurance cover you require.

Having an appropriate type of insurance is an essential part of financial planning. Insurance is basically a way of spreading out the financial risk of a business entity or person to a large group of business entities or individuals in the event of the occurrence of something that is predefined. Below we look at common insurance jargon as well as different United Kingdom insurance company reviews.

Insured, Insurer and Sum Assured

When you approach an insurance provider seeking protection against some defined financial risk and sign a contract with them, the company becomes your insurer and you become the insured. In life insurance, the sum assured is the lump sum amount of money the insurance provider promises to pay in case the insured person dies before the predefined period.

The Premium

To secure protection against the perceived financial risk provided by an insurer, the insured has to pay compensation, known as the premium. Such payments may be paid monthly, quarterly, annually or as defined in the contract, the policy document. According to insurance company reviews, the factors that determine the premium rates include among others, the type of cover, the age of the insured (vehicle, individual, etc.), and number of years that coverage is sought for.

The Nominee

This is the beneficiary specified by the person seeking insurance (the insured) who receives the sum assured as well as other possible benefits. In the case of life insurance, as evident from most insurance company reviews, the nominee must be different from the insured.

Policy Term

The policy term refers to the number of years that you are seeking protection for. It is decided between yourself and the insurance provider during the time of buying the policy.

Insurance Company Reviews and Insurance Providers

Potentially, any type of risk that is quantifiable in money terms can be insured. Likewise, there are many types of insurance covers and it makes lots of sense to carry out some research before signing up. An excellent method of doing that is by checking up insurance company ratings for different providers as rated by current or past clients. This ensures that you are actually getting the best-value deal as well as the most appropriate cover and quality service.   

Insurance policies and prices vary widely from one insurer to the next, so it pays to shop around and read insurance company reviews if you want the best cover. Before buying an insurance policy, you can decide to do the research on your own or seek expert guidance if unsure about the type of insurance cover you require.

Having an appropriate type of insurance is an essential part of financial planning. Insurance is basically a way of spreading out the financial risk of a business entity or person to a large group of business entities or individuals in the event of the occurrence of something that is predefined. Below we look at common insurance jargon as well as different United Kingdom insurance company reviews.

Business ​Insurance​

Your business typically faces a number of threats, both internal and external. These range from fraud to fire, from discontented customers to dishonest employees to disconnected utilities. For example, your business premises themselves may need insurance protection for the buildings and its contents. So, as you read different business insurance reviews also investigate the kind of risks a company operating in your specific industry or sector is most likely to encounter.

Under business insurance, there are several basic covers:

Property Insurance:

This type of coverage provides protection from loss as a result of damage to business property. This covers your business from potentially major disasters like flooding. fire, explosions, theft, impacts, and vandalism According to rental properties insurance reviews, besides protecting your infrastructure, it accords protection to your business inventory, furniture, office electronics, stationery, and other operational materials used in the smooth running the business.

Commercial Auto Insurance:

This covers claims arising from damage to property or bodily injury inflicted upon 3rd parties by vehicles that form part of your business operation. As you read insurance company reviews, you will note that this covers vehicles which are typically not covered under your individual auto insurance.

Employers’ liability insurance:

Pays for expenses related to compensation, hospitalization, medication and legal costs in case an injured employee sues the company. Also known as workers’ compensation insurance, it ensures that your employees are compensated without having to seek legal redress from a court of Law.

Motorbike Insurance

Whether you are operating a scooter, motorcycle or moped, you need to protect your bike and yourself with adequate insurance. Guidelines and rules vary between insuring companies, but generally, most motorbike insurance reviews will reveal that a less expensive, smaller bike will cost you less to insure, and the same principle applies when you are an older rider.

Discuss with the motorcycle insurer about the most suitable cover for your particular insurance needs. For example, some companies offer discounts if the rider has passed some advanced riding courses. Read insurance company reviews to know what current and past clients have to say about the motorbike insurer.

​Health Insurance

Health insurance, at times, referred to as private medical insurance helps in covering the expenses of private healthcare. However, in the United Kingdom, private health insurance is more of a luxury as the NHS covers anyone who needs comprehensive medical treatment regardless of their paying ability. Private medical insurance eliminates the burden of being placed on lengthy NHS waiting lists.

Like most health insurance reviews will clearly show, there are many different plans to make your pick from. While basic policies generally cover essential treatments, the more comprehensive ones may include complementary medicines like chiropody, acupuncture and specialist therapies. With some policies, it’s even possible to choose which hospital you can go to, so it’s very important to look at various UK insurance company reviews to ensure that you are purchasing the right policy for your needs.

The cost of health insurance in the United Kingdom largely depends on your individual situation, the policy options and the levels of cover that you choose. Similar to any other type of insurance, there are always things that are not covered, so it is important to consult the provider and check insurance company ratings before subscribing to any policy.

Health insurance, at times, referred to as private medical insurance helps in covering the expenses of private healthcare. However, in the United Kingdom, private health insurance is more of a luxury as the NHS covers anyone who needs comprehensive medical treatment regardless of their paying ability. Private medical insurance eliminates the burden of being placed on lengthy NHS waiting lists.

Like most health insurance reviews will clearly show, there are many different plans to make your pick from. While basic policies generally cover essential treatments, the more comprehensive ones may include complementary medicines like chiropody, acupuncture and specialist therapies. With some policies, it's even possible to choose which hospital you can go to, so it's very important to look at various UK insurance company reviews to ensure that you are purchasing the right policy for your needs.

The cost of health insurance in the United Kingdom largely depends on your individual situation, the policy options and the levels of cover that you choose. Similar to any other type of insurance, there are always things that are not covered, so it is important to consult the provider and check insurance company ratings before subscribing to any policy.

​Income Insurance

Income insurance is meant to give you some protection if you are unable to earn an income due to injury or illness. It ensures that during your period of incapacitation you continue getting a regular income until you are able to resume work or until when you retire. It usually covers a broad range of situations and illnesses. The amount you pay monthly will depend on your individual circumstances and the policy, so check several income insurance reviews to get a feel of how you can benefit.

It really doesn’t matter if you have children and dependents or not– if falling sick would mean being unable to foot the bills, you ought to seriously consider taking up some form of income protection insurance. Nearly all UK insurance company reviews agree on one thing: you need income insurance if you are in self-employment or perhaps employed but lack sick pay. Remember to check the insurance company ratings of different insurance providers to gauge how clients feel about them.

Income insurance is meant to give you some protection if you are unable to earn an income due to injury or illness. It ensures that during your period of incapacitation you continue getting a regular income until you are able to resume work or until when you retire. It usually covers a broad range of situations and illnesses. The amount you pay monthly will depend on your individual circumstances and the policy, so check several income insurance reviews to get a feel of how you can benefit.

It really doesn’t matter if you have children and dependents or not– if falling sick would mean being unable to foot the bills, you ought to seriously consider taking up some form of income protection insurance. Nearly all UK insurance company reviews agree on one thing: you need income insurance if you are in self-employment or perhaps employed but lack sick pay. Remember to check the insurance company ratings of different insurance providers to gauge how clients feel about them.

​Landlord Insurance

Being a landlord is a potentially expensive business. As a landlord, there is certainly much more that needs to be considered than simply how much rent you are going to charge. If you lack the appropriate insurance cover you may end up footing the wrong bill in case things go wrong. You will, for instance, need to purchase buildings cover in the event your house is damaged to the extent of needing some repair. This is usually stated in your mortgage and it’s not the responsibility of the tenants but yours to do the repairs.

Usually, landlords’ insurance covers the majority of risks that come with renting out a house or commercial property. They, however, do differ in the details, so as you check different insurance company reviews, be very alert. For example, if you have several properties, it’s possible to cover them under a single landlord’s policy. If you happen to be renting out a property that is furnished, it’s recommended you consider contents insurance. This type of cover can protect everything in the rented house ranging from the TV you have furnished to your expensive furniture.

Although not compulsory, this type of insurance ought to be a priority if you own a home. If, however, your property has a buy-to-let mortgage, your lender may require that you first have this type of insurance. Therefore, consider a policy that takes care of such requirements and also check what landlord insurance reviews have to say about the different providers.
Landlord’s insurance can come as an extra to most insurance policies. It is often a key requirement if you are offering social or student housing. It covers you against tenants who might seek to sue you for accidents occurring on your property. In-depth insurance company reviews point out that because most of the times you won’t even know who comes and goes, it becomes invaluable in terms of protecting you in case of death or injury on your property.

Being a landlord is a potentially expensive business. As a landlord, there is certainly much more that needs to be considered than simply how much rent you are going to charge.  If you lack the appropriate insurance cover you may end up footing the wrong bill in case things go wrong. You will, for instance, need to purchase buildings cover in the event your house is damaged to the extent of needing some repair. This is usually stated in your mortgage and it’s not the responsibility of the tenants but yours to do the repairs.

Usually, landlords' insurance covers the majority of risks that come with renting out a house or commercial property. They, however, do differ in the details, so as you check different insurance company reviews, be very alert. For example, if you have several properties, it’s possible to cover them under a single landlord’s policy. If you happen to be renting out a property that is furnished, it's recommended you consider contents insurance. This type of cover can protect everything in the rented house ranging from the TV you have furnished to your expensive furniture.

Although not compulsory, this type of insurance ought to be a priority if you own a home. If, however, your property has a buy-to-let mortgage, your lender may require that you first have this type of insurance. Therefore, consider a policy that takes care of such requirements and also check what landlord insurance reviews have to say about the different providers.
Landlord’s insurance can come as an extra to most insurance policies. It is often a key requirement if you are offering social or student housing. It covers you against tenants who might seek to sue you for accidents occurring on your property. In-depth insurance company reviews point out that because most of the times you won't even know who comes and goes, it becomes invaluable in terms of protecting you in case of death or injury on your property.
Income insurance is meant to give you some protection if you are unable to earn an income due to injury or illness. It ensures that during your period of incapacitation you continue getting a regular income until you are able to resume work or until when you retire. It usually covers a broad range of situations and illnesses. The amount you pay monthly will depend on your individual circumstances and the policy, so check several income insurance reviews to get a feel of how you can benefit.

It really doesn’t matter if you have children and dependents or not– if falling sick would mean being unable to foot the bills, you ought to seriously consider taking up some form of income protection insurance. Nearly all UK insurance company reviews agree on one thing: you need income insurance if you are in self-employment or perhaps employed but lack sick pay. Remember to check the insurance company ratings of different insurance providers to gauge how clients feel about them.

​Life Insurance Company Reviews

It’s very reassuring to know that even if the worst happens, your family will be secure financially. Life insurance pays your dependents money either as regular payments or as a lump sum if you die. The majority of United Kingdom insurance company reviews generally focus on two basic life insurance categories:

​Life Policy​:

This type of coverage provides protection from loss as a result of damage to business property. This covers your business from potentially major disasters like flooding. fire, explosions, theft, impacts, and vandalism According to rental properties insurance reviews, besides protecting your infrastructure, it accords protection to your business inventory, furniture, office electronics, stationery, and other operational materials used in the smooth running the business.

Term Assurance​:

Under this type of cover, the policyholder pays monthly premiums for a set duration and, should he or she die before the expiration of that period, the insurer pays a specified amount of money to the beneficiaries stated in the policy. If, however, as shown by insurance company reviews at the end of the stated period the policyholder is still living, there is no pay-out to be made.

Other insurance products that you are likely to come across during your life insurance reviews include critical illness cover, long-term illness or total and permanent disability cover.

Being a landlord is a potentially expensive business. As a landlord, there is certainly much more that needs to be considered than simply how much rent you are going to charge.  If you lack the appropriate insurance cover you may end up footing the wrong bill in case things go wrong. You will, for instance, need to purchase buildings cover in the event your house is damaged to the extent of needing some repair. This is usually stated in your mortgage and it’s not the responsibility of the tenants but yours to do the repairs.

Usually, landlords' insurance covers the majority of risks that come with renting out a house or commercial property. They, however, do differ in the details, so as you check different insurance company reviews, be very alert. For example, if you have several properties, it’s possible to cover them under a single landlord’s policy. If you happen to be renting out a property that is furnished, it's recommended you consider contents insurance. This type of cover can protect everything in the rented house ranging from the TV you have furnished to your expensive furniture.

Although not compulsory, this type of insurance ought to be a priority if you own a home. If, however, your property has a buy-to-let mortgage, your lender may require that you first have this type of insurance. Therefore, consider a policy that takes care of such requirements and also check what landlord insurance reviews have to say about the different providers.
Landlord’s insurance can come as an extra to most insurance policies. It is often a key requirement if you are offering social or student housing. It covers you against tenants who might seek to sue you for accidents occurring on your property. In-depth insurance company reviews point out that because most of the times you won't even know who comes and goes, it becomes invaluable in terms of protecting you in case of death or injury on your property.
Income insurance is meant to give you some protection if you are unable to earn an income due to injury or illness. It ensures that during your period of incapacitation you continue getting a regular income until you are able to resume work or until when you retire. It usually covers a broad range of situations and illnesses. The amount you pay monthly will depend on your individual circumstances and the policy, so check several income insurance reviews to get a feel of how you can benefit.

It really doesn’t matter if you have children and dependents or not– if falling sick would mean being unable to foot the bills, you ought to seriously consider taking up some form of income protection insurance. Nearly all UK insurance company reviews agree on one thing: you need income insurance if you are in self-employment or perhaps employed but lack sick pay. Remember to check the insurance company ratings of different insurance providers to gauge how clients feel about them.

​Travel Insurance

These types of policies tend to vary greatly, offering different features and covering different losses. Travel insurance reviews highlight the following features as a must-have for any good travel insurance cover:

​ Medical Expenses​:

Covers you for costs of emergency medical treatment while traveling. Most insurance company reviews will show that a fairly good cover should be worth around £1 million or more for European travel and £2m​​​​illion or more when tra​​​​v​​​​elling t​​​​o the USA.

​Repatriation ​Service:

​Also known as getting you back home, it offers cover for the costs associated with emergency repatriation back to the UK (for medical reasons).

​Curtailment/​Cancellation:

​Very similar to travel abandonment, in case you have to shorten or cancel your trip, this travel insurance covers you in terms of any accommodation and travel you have already paid and can’t claim back or use.

​Travel Delay​:

​If travel plans get delayed due to, for example, adverse weather or industrial action, the insurer pays out a certain amount of money.

​Missed Departure:

You get covered in terms of additional travel and accommodation expenses in case you miss the departure of your flight, train or boat due to circumstances that are beyond your control like car breakdown, public transport delay, or an accident.

​Baggage Cover​:

​This covers your baggage in case of loss, theft, destruction or damage. It is a good idea to check online insurance company ratings given to different insurance providers by affected clients on how they handled such situations.

Being a landlord is a potentially expensive business. As a landlord, there is certainly much more that needs to be considered than simply how much rent you are going to charge.  If you lack the appropriate insurance cover you may end up footing the wrong bill in case things go wrong. You will, for instance, need to purchase buildings cover in the event your house is damaged to the extent of needing some repair. This is usually stated in your mortgage and it’s not the responsibility of the tenants but yours to do the repairs.

Usually, landlords' insurance covers the majority of risks that come with renting out a house or commercial property. They, however, do differ in the details, so as you check different insurance company reviews, be very alert. For example, if you have several properties, it’s possible to cover them under a single landlord’s policy. If you happen to be renting out a property that is furnished, it's recommended you consider contents insurance. This type of cover can protect everything in the rented house ranging from the TV you have furnished to your expensive furniture.

Although not compulsory, this type of insurance ought to be a priority if you own a home. If, however, your property has a buy-to-let mortgage, your lender may require that you first have this type of insurance. Therefore, consider a policy that takes care of such requirements and also check what landlord insurance reviews have to say about the different providers.
Landlord’s insurance can come as an extra to most insurance policies. It is often a key requirement if you are offering social or student housing. It covers you against tenants who might seek to sue you for accidents occurring on your property. In-depth insurance company reviews point out that because most of the times you won't even know who comes and goes, it becomes invaluable in terms of protecting you in case of death or injury on your property.
Income insurance is meant to give you some protection if you are unable to earn an income due to injury or illness. It ensures that during your period of incapacitation you continue getting a regular income until you are able to resume work or until when you retire. It usually covers a broad range of situations and illnesses. The amount you pay monthly will depend on your individual circumstances and the policy, so check several income insurance reviews to get a feel of how you can benefit.

It really doesn’t matter if you have children and dependents or not– if falling sick would mean being unable to foot the bills, you ought to seriously consider taking up some form of income protection insurance. Nearly all UK insurance company reviews agree on one thing: you need income insurance if you are in self-employment or perhaps employed but lack sick pay. Remember to check the insurance company ratings of different insurance providers to gauge how clients feel about them.

​Car Insurance

Whether it’s your first car or perhaps you have neglected to pay your insurance policy for some time, it is important to be adequately covered. This covers you in case of an accident so that you don’t end up paying more than you should. Shopping smartly and reading car insurance reviews and checking insurance company ratings can be of great assistance when it comes to getting the car coverage you need for much less.

In closing, let us state that insurance can be an important safety net for businesses and families. After buying any policy, carefully read the full terms and conditions as well as insurance company ratings. If you feel that the type of cover you have bought might be the wrong one for your insurance needs, or perhaps you have some lingering questions, do not hesitate to get in touch with your insurance company straight away. Read as many insurance company reviews as possible before you make the final purchasing decision and also feel free to provide us with your feedback on what we have discussed above.