Equity release as premiums rise

Posted in Equity Release Property News

6th August 2010

Motorists and homeowners over the age of 55 could benefit form an equity release plan as the country's biggest insurers prepare to raise their premiums well above the rate of inflation.

Aviva has said that it has already hiked prises by double-digits and that it expects further increases in the near future.

RSA, who own the 'More Than' brand, have reportedly upped their car insurance premiums by 13 per cent and now charge 4 per cent more for home cover.

If your retirement income is being stretched by the constant increases in the cost of living, then why not consider an equity release plan through Age Partnership?

An equity release scheme could not only provide you with a useful cash lump sum, but could also boost your annual income as well.

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