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Michael Challiner's Articles

  • Life Insurance – Think About It.
    Not everyone needs life insurance. If you don’t have any debts or maybe only minimal ones which would be covered by your disposable assets should you die, then you’re fine. Not everyone has dependants and as long as there would be enough funds to settle your affairs and pay for your funeral, then you wouldn’t be leaving your next of kin any headaches.

    Not too many people are in this position though. Most have people who depend on them. If you’re the main breadwinner of the...
  • Critical Illness Insurance - Of Critical Importance
    Twenty per cent of critical illness claims are turned down. That means for every five people making this important claim, one will have it rejected at this crucially important time.

    The whole reason behind taking out critical illness cover is that, in the event of you becoming critically ill (that is being diagnosed with one of the listed illnesses described in your policy documents) a payment will be made. The reasoning behind your decision to take out what some consider ...
  • Mortgages - Fair Shares
    There’s a lot of interest being shown in a totally new shared-equity mortgage, which will hopefully help a wide range of first time buyers to get into the property market.

    Shared equity is not new and schemes have been around for some years which mainly involve housing associations but these were designed for the needs of low income tenants and council tenants.

    A new government scheme called Homebuy which will allow property buyers to raise a mortgage of 75% and the bal...
  • Private Education – Finding The Money
    The decision to send your child to a private school is a very personal one. There are parents who make this commitment soon after, or even before, their child arrives in the world. The child’s name may be put down for the parent’s choice of independent school. Quite often the school may be the one which a parent attended or one chosen because they wish the child to be educated according to a particular religious belief.

    There are also private schools catering for children ...

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