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Bachelors `forced to spend more` Finances `causing women sleepless nights` Christmas spending slowdown expected Christmas spending ‘will fall’ Credit cards: UK interest rates almost double US rates Recession ‘to last well into 2009’ Unemployment `on the up` AA urges public wholesale petrol prices Consumers ‘could expect to see full benefits’ of rate cuts Banks ‘increasing overdraft charges’ People in debt `should be helped to help themselves` Consumers `likely to be under pressure at Christmas` Britain "addicted to debt", politician states Consumers ‘repaying debt from last Christmas’ Brown: Banks must make loans available Workers `missing out on pension money` Christmas savings schemes `good way to stay debt free` `Many parents worry about children getting into debt` Falling inflation means interest rates could fall Petrol prices ‘could fall below 90p’

Women `risking debt for families through lack of insurance`

09/10/2008

By failing to secure insurance, women in the UK may be putting their families at risk of future finance problems, potentially including debt.

This is the finding of a study conducted by AXA, which found that while there has been a significant rise in the number of women who contribute significantly to the income of their families, relatively few females take out cover products such as life insurance.

According to the firm, eight million working women do not have critical illness cover, life insurance or income protection in place.

Commenting on the findings, head of protection at AXA Iain Mallon said: "Unlike during the 1970s, women becoming ill and unable to work now could have significant financial implications for the whole family."

In other news, research conducted by YouGov recently on behalf of trade body R3 found that 21 per cent of UK households are now finding bills a constant struggle, potentially putting them at risk of insolvency.

Bachelors `forced to spend more` 17/11/2008 - People who live by themselves find it more difficult to Bankruptcy `increases by 7%` 17/11/2008 - The number of consumers in England and Wales facing bankruptcy Finances `causing women sleepless nights` 14/11/2008 - Financial concerns, potentially including debt problems, are causing women sleepless Christmas spending slowdown expected 13/11/2008 - Christmas spending is expected to stagnate this year, as consumers