Choosing the right life insurance policy can feel like navigating a maze, and the stakes are high — after all, it’s all about protecting what matters most. Two types of policy you are bound to come across at some stage is term and whole life insurance. While they can both provide financial protection, they each work differently and serve distinct purposes. In this article, we’ll look out how each policy works, the main differences and which one could be best for you and your loved ones. What is term life insurance? Term life insurance is a basic form of life…
Author: Claire
The UK Autumn Budget 2024 is looming, and with it comes growing speculation about possible changes to Inheritance Tax (IHT) and Capital Gains Tax (CGT). These potential reforms could significantly affect individuals with substantial estates, family-run businesses, and investors. Proposed Changes to Inheritance Tax (IHT) Inheritance Tax has long been a contentious issue in the UK, and the upcoming Autumn Budget may introduce some major changes. Currently, business owners and farmers can benefit from 100% relief on inheritance tax through Business Property Relief (BPR) and Agricultural Property Relief (APR). This allows estates containing business or agricultural assets to pass on…
Product liability and product recall insurance are two essential forms of cover for businesses that manufacture, distribute, or sell goods. While both types of insurance relate to the risks associated with defective or harmful products, they serve different purposes and address distinct aspects of potential claims. Understanding the differences between product liability and product recall insurance is crucial for businesses to ensure they are adequately protected against the various risks involved in their operations. What is Product Liability Insurance? Product liability insurance provides cover when a product causes harm, injury, or damage to a consumer or their property. This type…
Contributing to The Future of Gold Mining in Canada Gold production in Canada continues to increase, peaking at 204 tonnes in 2022 (highest in a decade), with Canada moving to 4th position in world production. Gold is among Canada’s most valuable mined commodities, with a production value of $13.2 billion in 2022. Brownfield projects like Troilus Gold Corp’s gold-copper Troilus project, are well-positioned to contribute to Canada’s gold production in the near term. Troilus Gold Corp has been systematically advancing and de-risking the gold-copper Troilus project toward a potential mine restart. Since inception in 2017, the project’s indicated mineral resources…
The UAE has become a global financial hub, attracting a growing number of experienced traders who demand high-quality platforms to navigate complex financial markets. With the right platform, traders can maximize efficiency, manage risks, and seize market opportunities more effectively. ADSS, a prominent CFD execution-only broker in the region, is gaining attention for offering a feature-rich platform that meets the high standards of experienced traders. Key Features of the ADSS Trading Platform ADSS caters to the experienced trader by offering a multi-platform approach. Whether you’re trading on a desktop, web browser, or mobile device, ADSS provides a consistent and smooth…
Break Free from Financial Fears: Techniques to Change Your Money Mindset Understanding and shifting your money mindset is crucial for achieving financial success and overall well-being. Many individuals struggle not just with managing their finances, but also with the underlying perceptions and attitudes that govern their financial decisions. By transforming these fundamental beliefs, you can open doors to improved financial habits and better life outcomes. This guide will explore practical strategies to reshape your money mindset effectively. Unveil Psychological Spending Triggers It’s vital to start by uncovering the psychological triggers behind your spending habits. These are often deeply rooted in your past…
Like all aspects of business are being changed and upgraded by AI or Artificial Intelligence, why must one of the core activities of business be left behind? AI in the sphere of accounting is here, and the faster companies adapt to the latest technological advancement, the smoother it will be for them to run businesses efficiently. Many essential tax accounting practices can benefit greatly from AI. We can eliminate manual data entry, time-consuming reconciliations and human error-caused risks. The integration of AI and automation in tax accounting will streamline processes, enhance accuracy and reduce costs. The Role of AI and…
The Federal Reserve is expected to maintain US interest rates at their current 23-year high on Wednesday. Investors should review their portfolios in light of global monetary policy divergence, advises Nigel Green, CEO of deVere Group, a leading independent financial advisory and asset management organization. This comes as the latest Consumer Price Index (CPI) report indicates no inflation increase for May, suggesting that inflation may be easing its hold on the US economy. He comments: “With the annual CPI increase at 3.3%, markets might be hopeful for potentially more rate cuts, but there remains a real risk that the Fed’s…
In 2024, the online landscape has become more complex and interconnected than ever. As businesses expand their online presence, they face many risks that could significantly impact their operations and financial health. This is where internet liability insurance becomes crucial. It’s not just a safety net. It’s a necessity for anyone operating in the digital realm. As cyber threats evolve and consumer expectations for online interactions grow, the need for specialised insurance coverage has never been greater. Without it, businesses are left vulnerable to the digital world’s unpredictable and potentially devastating consequences. If you’re seeking reliable Internet Liability Insurance Providers,…