After months of uncertainty, we are now starting to get a sense of where the new coalition government is going to be wielding the axe.
It is clearly going to painful for everyone.
From the "stay-at-home-Mum" or large family living on benefits we are all going to feel the effects of the cuts, deeply! 25% across every department is huge and whether or not you agree with the cuts or not we are all going to have to change our lifestyles to reflect these most austere times.
The public will be expected to provide for themselves and each other in ways we have not seen since the end of the Second World War.
The poor will need to live a meagre lifestyle and the wealth will be expected to by their way.
The NHS, the untouchable monolith at the centre of British politics, may no-longer find itself sacrosanct.
The government is eagerly eyeing health care provision along the lines of the USA and Europe where Health Insurance is common place.
Most of us tend to have Car, Home and Life Insurance, but Health Insurances (other than those who have it through part of an employment benefit package) is still relatively uncommon.
Not perhaps so for much longer.
We may all be adding healthcare to our list of insurances...
and if that happens should we expect to see other more niche insurances become popular with a highly risk averse public? Some websites already carry insurances for all sorts of everyday issues we face (MoneySupermarket list 14 different insurances).
You can cover your teeth, mobile phone or your pet.
You can even insurance against alien abduction, injury by ghosts and even being eaten (although surely that one is just a life insurance policy?).
OK, so some of these are unlike to become main stream, but some more niche insurances do appear to be rooted in good ol' commonsense.
Take Heating Cover; 1 in 3 new boilers break down within their first 6 years.
Repairs commonly cost over 1,000 and most breakdowns occur at around the same time (Winter) when there is already a shortage of qualified engineers (and even the most proficient DIYer cannot go playing with Gas).
Couple all that with the fact the likes of Saga and the AA are now getting involved in an industry dominated by British Gas and HomeServe and it seems very likely that Heating Cover and other home emergency products are likely to become very common in the future.
It looks like business is starting to react and provide the insurances we need to get us through the next few lean years.
So as the cuts start to bite we can protect against the worst unexpected bills by getting under the Covers!
It is clearly going to painful for everyone.
From the "stay-at-home-Mum" or large family living on benefits we are all going to feel the effects of the cuts, deeply! 25% across every department is huge and whether or not you agree with the cuts or not we are all going to have to change our lifestyles to reflect these most austere times.
The public will be expected to provide for themselves and each other in ways we have not seen since the end of the Second World War.
The poor will need to live a meagre lifestyle and the wealth will be expected to by their way.
The NHS, the untouchable monolith at the centre of British politics, may no-longer find itself sacrosanct.
The government is eagerly eyeing health care provision along the lines of the USA and Europe where Health Insurance is common place.
Most of us tend to have Car, Home and Life Insurance, but Health Insurances (other than those who have it through part of an employment benefit package) is still relatively uncommon.
Not perhaps so for much longer.
We may all be adding healthcare to our list of insurances...
and if that happens should we expect to see other more niche insurances become popular with a highly risk averse public? Some websites already carry insurances for all sorts of everyday issues we face (MoneySupermarket list 14 different insurances).
You can cover your teeth, mobile phone or your pet.
You can even insurance against alien abduction, injury by ghosts and even being eaten (although surely that one is just a life insurance policy?).
OK, so some of these are unlike to become main stream, but some more niche insurances do appear to be rooted in good ol' commonsense.
Take Heating Cover; 1 in 3 new boilers break down within their first 6 years.
Repairs commonly cost over 1,000 and most breakdowns occur at around the same time (Winter) when there is already a shortage of qualified engineers (and even the most proficient DIYer cannot go playing with Gas).
Couple all that with the fact the likes of Saga and the AA are now getting involved in an industry dominated by British Gas and HomeServe and it seems very likely that Heating Cover and other home emergency products are likely to become very common in the future.
It looks like business is starting to react and provide the insurances we need to get us through the next few lean years.
So as the cuts start to bite we can protect against the worst unexpected bills by getting under the Covers!
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