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British Insurance – SafetyFirst

British Insurance

SafetyFirst

Type: Income protection

Minimum-maximum ages: 18-64

Minimum premium: Flat rate of £5 for each £100 of monthly cover for all applicants

Deferred period: 30 days

Benefit payment term: Twelve months

Maximum benefit: £1,000 a month of 50% of gross monthly income

Definition of disability: Any occupation

Commission: Initial 20%

Tel: 0870 240 3946

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Apple: a stellar technology story

By Ali Unwin, head of technology sector research

Apple recently announced the highest-ever recorded quarterly net profit ($18bn), with the sale of 74.4 million iPhones helping the company deliver $74.6bn of revenue for the quarter ending December 2014. These sales were largely driven by strong demand for the new iPhone 6 and iPhone 6 Plus. Highlights included Chinese iPhone sales doubling year-on-year and unit growth of 44% in the US — supposedly a well-penetrated market. Apple ended the quarter with $178bn in cash on its balance sheet, having generated a staggering $30bn in free cash flow during the quarter.

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