The Merge – January

Your Life Insurance Newsletter courtesy of Fuse Assurance

Happy New Year from everyone here at Fuse! December was full of cheer in the office, and we’re continuing to bring that positivity to you all through January!

3-months-free

It’s Our Month of Health and Wellbeing here at Fuse!

Getting fit, losing weight and adopting a healthier lifestyle is a great resolution to make, but it’s also the most commonly broken. Well this year Fuse has your back, as all through the first month of your brand-new life we’re going to help you keep up with your health and well-being resolutions.

Every Tuesday and Friday in January we’ll be posting a new blog to our website. We’ll be giving exercise advice for the home, the workplace and the gym as well as sharing our favourite 30-minute healthy recipes that everyone will love from ages 9 to 99. But that’s only part of what we’re offering this month.

As part of our mission to help you lead a balanced, healthy and fully-insured life, if you buy a policy with us this January, we’ll gift you with three months free membership at your local gym. So, keep your resolutions this year and start with our Beginner’s Guide to Exercise and Healthy Living.

CALL US ON 0161 711 1186 TO GET STARTED.

And What About Our Day of Giving for Rays of Sunshine?

On 21st December we had our first Christmas Jumper Charity Day in aid of Rays of Sunshine. We had a lot of fun raising money to help grant the wishes of children living with serious or life limiting illnesses. We hosted a cake sale and a raffle, as well as pitting colleague against colleague in the office ping pong tournament, Luke Foster holding onto the title after a close game. Secret Santa gifts were also exchanged, giving everyone that extra dash of Christmas cheer.

By the end of an exciting day we raised £185, which was kindly tripled by Company Director Jamie Munro, giving us £555, and then, out-of-the-blue, Company Director Craig Cornick added another £300(!), bringing the grand total to £855 for an amazing charity. Thanks everyone! We’d also like to thank all of you for your Christmas Jumper selfies, for which an extra £2 was donated for every photo. You can find some of our favourite photos from the day on Facebook, Twitter and Instagram.

Rays Of Sunshine Charity

FACT OF THE MONTH

In 2017, a fifth of people admitted they didn’t know what arrangements their deceased loved ones wanted for their funeral.

THE NEWS FROM OUR FRIENDS

Royal London

Group CEO Phil Loney has announced that he will stand down by the end of 2019. He says: “It has been an incredible privilege to lead Royal London over the last seven years”.  He is standing down to concentrate on his various charitable pursuits and we wish him the best of luck in the future.

Aviva

In an industry first, Aviva has launched subscription-style insurance products. This has been launched to address the often-large gap between premiums paid by new and existing customers and to give customers more control over their policies. It is only available on home and car insurance for now, but Aviva hope to eventually extend it to all products.

Legal & General

As one of the fastest growing insurers in the UK, Legal and General have hit another financial milestone, lending £3 billion in home finance to customers since their formation in 2015. Steve Ellis, CEO of Legal & General Home Finance says: “This figure not only reflects the robustness of our business: it means we have enabled more customers to access their property wealth, helping them enjoy a better retirement.”

THE NEWS FROM THE INDUSTRY

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Underwriting Changes

According to a poll of insurers by UnderwriteMe, emerging lifestyle changes, such as vaping, genetic testing and the popularity of wearable tech, are expected to have the biggest impact on the future of life insurance underwriting. The poll also brought to light concerns about rising obesity rates and how insurers approach mental health.

Crackdown on Overcharging

Following a “super complaint” from Citizens Advice, the Competition and Markets Authority has laid down radical plans to stop existing insurance and broadband customers being overcharged. Year-on-year stealth prices rises, exit fees and difficult processes are costing customers £4 billion pounds a year, promoting the call for a price cap for those worst off.

COVER OF THE MONTH

Over 50s Cover is probably the most well-known and advertised of all life insurance policies, and that’s with good reason.

Many people don’t feel they have the financial stability to consider Life Insurance until later in life, or feel that they won’t be covered due to pre-existing medical conditions. With our Over 50s Life Insurance Plans, you’re guaranteed to be accepted with no medical questions and your premiums are fixed for the whole policy, even if you live to be 90. Fill out our form here to finally start planning for the future and help your loved ones once you pass away.

ON OUR BLOG

We have a big problem here in UK.

We don’t like to talk about death. Yes, while it’s never a nice subject to bring up, our awkwardness around it has allowed the funeral industry to raise costs by 68% over the last 10 years. More details can be found in this month’s blog – DON’T LET TABOO DECIDE YOUR FUNERAL COSTS. Here we break down exactly what has been happening in the industry and what causes us to avoid addressing the inevitable.

mental-health

NEXT TIME – We’ll give you the low down on our new, expanded range of health insurance policies and share our new year’s resolution success stories.