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	Issue 72 - December 2007 This week we look at two ways to cut your costs. A recent report suggests that Life Insurance premiums are on their way down again and we also examine what you can do if you're facing a jump in your mortgage payments because your fixed rate is finishing. Life insurance premiums head south One leading independent financial advisor has suggested that life insurance premiums fell on average by ten per cent between March and September. The new report from LifeSearch attributes the spike in affordability to growing competition among insurance providers, with new entrants to market frequently undercutting many banks and supermarkets. Commenting on the findings, spokesman Matt Morris said that in addition to the already favourable rates, UK consumers can further cut their premiums by adopting healthier lifestyles. He noted that insurance companies will reward positive behaviour such as quitting smoking and taking regular exercise because it lowers the chance of a policyholder needing to cash in on his insurance. "If you can save money and still get the right type of cover for your circumstances, it makes sense to take advantage of the opportunity," Mr Morris argued. According to the Association of British Insurers, the UK insurance industry paid out over £160 million per day in pension and life insurance benefits in 2005. The Moneynet comparison service enables you to compare the life insurance market instantly, click here to obtain a quote. Get Life Insurance Quote >>> HOW TO DEAL WITH MORTGAGE RATE RISES Over 1.5 million people will come to the end of their fixed mortgage rates within the next 12 months. Since August 2006 the Bank of England base rate has increased from 4.50 per cent to its current level of 5.50 per cent. This means that you could see a big jump in your monthly repayments. In fact if you fixed your mortgage 5 years ago rates, were at an even lower level of 3.50 per cent in 2003. But don't panic, there is plenty you can do to mitigate the increase in payments and if Bank Base Rate continues to decline as many commentators predict then next year may prove a pretty good time to fix your rate again. This week we look at what you should be doing as you approach the end of your fixed rate; What is your existing lender offering? Your lender will usually write to you as the end of your fixed rate approaches telling you what your new repayment will be. They will often also provide you with a list of alternatives such as fixed, variable and tracker rates they can offer you. Once you are armed with this information you can then start to decide on the best course of action. Read more >>> Compare Mortgages >>> Speak to a Mortgage Advisor>>> Compare & Buy Car Insurance Banking & Saving Secured Loans Home Insurance Best Buys Travel Insurance 2 great reasons to review your live cover today. Go >>> Compare the market to find the best deal Go >>>     Compare 0% balance transfer cards plus many many more. Go >>> Get impartial advice from one of our experts Go >>> Tesco Home Insurance What's on your insurance shopping list? No need to shop around - great deals for all your insurance and finance needs at Tesco. spotlight on... insurance Sainsbury's Life Assurance Save money on life Insurance and earn 5,000 Nectar points Protect your family from £5 a month Apply online today! Protected We search over 300 insurance plans from 12 leading providers. Compare your options online today in minutes mortgages Beech Finance Great Mortgage and Re-mortgage deals to suit all. Nothing to Pay for 6 Months On Secured Loans Free Quote and dedicated specialist to help Debtbuster Mortgages Reduce your outgoings, consolidate your debts with a remortgage. All situations considered YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. credit cards MBNA Platinum Plus Typical 15.9% APR variable 0% p.a. on balance transfers until your statement date in December 2008 0% p.a. on card purchases until your statement date in March 2008 Virgin Credit Card Typical 15.9% APR variable 0% p.a. on balance transfers (subject to 2.98% handling fee) for 15 months 0% p.a. on card purchases for 3 months. MBNA Rewards Amex Typical 15.9% APR variable 0% on balance transfers for 12 months 0% on purchases for 3 months. homeowner loans Central Capital Loans Get your money now & beat the January rush. We could help you arrange one LOW monthly repayment loan - in time for January. APPLY ONLINE Debtbuster Loans Overspent on your credit cards? You could clear them quickly & simply with a loan from us. Search 300+ deals - fast, simple & free! THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT. Moneynet is a trading name of Sterling Business Consultants Limited of Sussex House, 8-10 Homesdale Road, Bromley, BR2 9LZ. Registered office is 51 Eastcheap, London EC3M 1JP, Reg No: 03165711. Moneynet is authorised & regulated by the Financial Services Authority. This site is intended for UK residents only. Information correct at time of publication. Click here to unsubscribe from the Moneynet newsletter