A man who took out a £300,000 life insurance policy before strangling his wife and burning her body has been sentenced. Plasterer Thomas Peter, 50, is likely to die in jail for killing Karen Peter at their home last year. Judge Richard Marks QC sentenced him to life with a minimum term of 25 years for his "wicked and cruel" behaviour. Peter had throttled "bubbly" job centre worker Karen in the past and belittled her during arguments, calling her "fat" and a "bad mother", a court heard. The serial adulterer took out the life insurance policy just weeks before the killing at the family home in Valentines Way, Romford, the Old Bailey was told. He strangled 50-year-old Mrs Peter, rammed a flannel into her mouth and dragged her by the hair while their three children were at home in August last year. Peter, who feared his wife had met someone new, went on to set fire to her body, to disguise what he had done. Peter claimed he killed his wife by accident but was found guilty of murder … [Read more...] about Man who murdered his wife after taking out life insurance likely to die in jail
Best term life insurance policies
A year ago I spoke publicly for the first and only time about losing my mother suddenly, just before I was 12. It’s the defining tragedy of my life and, even now, as a professional broadcaster, I stutter through it with pain-laced difficulty. I did that BBC interview to raise awareness of the children’s counselling charity GriefEncounter.org.uk of which I’m proudly a patron. It’s a subject close to my heart. In a class of 30, typically one will lose a parent before they grow up. On top of the terrible emotional impact, there are often serious financial consequences. Yet new parents at my TV roadshows never ask me about this, instead focusing on how to save for their children. As parents, none of us wants to imagine not being there for our kids. Forgive me, but you need to. So after I congratulate them and answer, I always ask them if they’ve got life insurance. Types of life insurance Life insurance is designed to pay out a lump sum when you die, … [Read more...] about Money expert Martin Lewis gives his best tips on best life insurance for parents
Answer: You should first review your mortgage protection policy. If you have been with the same provider for 15 years without reviewing cover then it may not be adequate for your family's circumstances, according to Joey Sheahan of Sheahan Financial in Dublin and Cork. There are lots of providers on the market offering good value, so you should be assessing that you have sufficient cover and you are getting the best deal, he said. Serious illness cover pays out a lump sum if you are diagnosed with various illnesses specified in your policy document. You do not need to be out of work for any period of time in order to make a claim. It is important to review the different illnesses covered by each insurance company. For example, out of six companies in the Irish market, just three companies cover chronic pancreatitis, Mr Sheahan said. With income protection you need to be out of work and without pay for a period of between four weeks and 52 weeks before you can claim. Most illnesses are … [Read more...] about Your Questions: We’ve a lot of policies but do we have too much insurance cover?
Ken Alltucker USA TODAY Published 4:25 PM EDT Nov 1, 2018 Chad Bertanzetti is a young, active and healthy 44. But he bought health insurance three years ago in case he was injured while enjoying outdoor hobbies such as rock climbing, snowboarding and mountain biking. So when a high-speed snowboarding accident shattered and dislocated the Colorado Springs man's shoulder in 2016, he thought his hospital stay would be covered by his short-term plan. But repeated payment claims for a shoulder-repair operation, doctors’ visits and a follow-up surgery were rejected by his health insurer. Bertanzetti has filed a federal lawsuit challenging the refusal of HCC Life Insurance and HCC Medical Insurance to pay his claims. He has amassed tens of thousands of dollars in unpaid medical bills. “I’m still able to pay all my (non-medical) bills and take care of my family,” Bertanzetti said. "But they just killed my credit." … [Read more...] about Obamacare enrollment under Trump: Short-term health insurance cheaper, riskier
You and three friends are chatting over coffee and dessert after a meal that, apart from the slightly burnt roasties, was a treat. Statistically, one person around the table will have had a mental health problem at some point in their lives. Far from being a remote issue, according to the charity Mind it is one we have a 25pc chance of being touched by. One fear that can arise because of a mental health problem is that a sudden accident on the way home from a meal with friends would leave your loved ones unprotected financially – because no one will give you life insurance. Thankfully this is far from the case. According to independent financial adviser Lifesearch, insurers now take a more nuanced approach to mental illness, giving you or your loved ones more options to protect the people closest to you. Is cover possible? Yes. The good news is most people who have experienced some type of mental illness will be able to get cover, many at standard terms too, so no hefty hikes in … [Read more...] about How to get life insurance after a mental health problem