CUNA Mutual group has been recognised as one of the world’s most ethical companies for the second year in a row. International think-tank, The Ethisphere Institute cited that CUNA Mutual Group, insurers to the mutual sector, outperformed its industry peers…
Simon Bain New research by insurers CUNA Mutual reveals eco-funerals are on the up, with 77 per cent of Britons claiming they’d rather keep things sustainable, simple and ultimately more affordable. Eco-friendly funerals on average cost thousands less than traditional…
The UK economy is losing almost £40 billion a year[1] due to a reduction in the availability of loans to consumers and small and medium enterprises (SMEs). However, a new loan safeguard which could build confidence in both lenders to…
New research by insurers CUNA Mutual reveals eco-funerals are on the up, with 77 per cent of Britons claiming they’d rather keep things sustainable, simple and ultimately more affordable. Eco-friendly funerals on average cost thousands less than traditional funerals. Among…
The launch of payment waiver with the first UK building society is set to shake-up the mortgage market – providing a pioneering new mortgage feature that will provide peace of mind and protection to borrowers across the UK.
The newly formed Family Building Society, geared to helping parents and grandparents support the younger generation to get their foot on the property ladder, has embraced payment waiver because if offers unique protection for young home owners where repayments are met for up to six months if they lose their job through no fault of their own.
Mark Bogard, CEO of the Family Building society said added security was important to the customers they spoke to – especially for first time buyers and so payment waiver was introduced in response to that need.
It was worrying to see Shelter figures out today, reported on the BBC revealing almost 4million families are one month away from homelessness because they only have enough money to pay their rent or mortgage for one month. Shelter surveyed…
MUTUAL lenders are set to offer a new type of mortgage that will have repayment waivers built in to protect borrowers if they lose their jobs or cannot work. Under these “waiver mortgages”, when a borrower is not earning, the…
Closing the Protection Gap (Paul J Walsh article from COVER magazine edition 23/08/2012) In today’s market, insurers need to explore other options to protect consumers. Paul Walsh, CEO of CUNA Mutual, examines the options for the industry. Media reports about…