The Money Farm Team

Is GDP Output?

One of the most important indices of economic growth is the Gross Domestic Product (GDP). GDP is part of the national accounts framework, which gives a comprehensive picture of the UK’s economic activity. The national accounts methodology pages have more information on the UK national accounts. The production or output approach, the expenditure approach, and […]

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How Does Inflation Affect Life Insurance?

For numerous reasons, life insurers are more likely to be indirectly affected by inflation. Inflationary pressures diminish the current value of fixed future payouts, discouraging life insurance purchases and increasing lapse rates. Does the cost of life insurance go up with inflation? Adding an inflation rider to your life insurance policy raises your premium, but […]

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