Mortgage News
Protection sales aid: ten things to tell your clients
Did you know: Almost 1,400 people are made redundant every day in the UK.
This is one of several snippets listed in LV=’s Little Book of Protection, written for advisers.
Here are ten facts you may not be aware of:
In 2009 the average length of a marriage for divorcing couples was 11 years and four months.
1,392 people are made redundant daily
One in five people will be affected by depression sometime during their life
A property is repossessed every 17 minutes
What mortgage and protection advisers should take from the FCA’s AI stance
Sponsored by Sesame Bankhall Group
New parents face outlaying £9,491 during the first twelve months of a child’s life
The Office for Budget Responsibility (OBR) predicts household debt will be £2,126bn by the end of 2015. This would take the average per-household debt to £84,365
One in seven women over the age of 16 drinks more than double the recommended daily allowance of alcohol every week, while 24% of women in England are classified obese
Every 4.28 minutes someone will be declared insolvent or bankrupt
The cost of raising a child until their 21st birthday now totals more than £210,000. This equates to £10,040 a year, £836 a month or £27.50 a day
Between the ages of one and four, a child costs their parents an average of around £53,586
Click here to read or order the Little Book of Protection