Category: Insurance
The analysis published under this category are as follows.
Saturday, December 05, 2020
What is life insurance and what are the benefits of having it? / Personal_Finance / Insurance
By: Sumeet_Manhas
Having life insurance is one of the most important things that you can do to protect your family and loved ones from additional stress after you pass away. Losing a partner or parent can be devastating but having the extra burden of financial problems on top of this grief can be unbearable. This is where life cover comes in.
What is life insurance?
Life insurance is a way of making sure there is financial aid for a named beneficiary or beneficiaries after you pass away. There are many varieties of life insurance and within those varieties there are different types of cover. It pays to shop around and discuss your needs with your family and professional insurance brokers.
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Thursday, December 03, 2020
What is the right type of insurance for you, and how do you find it? / Personal_Finance / Insurance
By: Sumeet_Manhas
Insurance is available for all types of situations and can ease financial difficulties resulting from a burglary, accident or holiday being cancelled. Some countries will not allow visitors to travel there unless they have adequate insurance to cover all eventualities and it is compulsory in other areas of life too.
You will be fully aware that you cannot ride a motorbike or car without insurance and yet many people think it wise to rent mopeds while in foreign countries thus invalidating their travel insurance if they have an accident.
How do you know what type of insurance you need for your situation, and who do you ask for advice?
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Thursday, November 12, 2020
8 Terms & Conditions You Must Know Before Asking For Life Insurance Policy Quotes / Personal_Finance / Insurance
By: Submissions
Life insurance is a booming market in the USA. About 600 companies offer life insurance policies. Despite this, the number of U.S. people having proper life insurance cover is very less. Only 54% of people have a life insurance cover.
In many cases, it is not enough. There is a common misconception that complete life insurance is expensive. On the contrary, it is very affordable. Also, people take life insurance as an alternative to long-term investment which is another bad practice. People need to understand that proper life insurance cover ensures that their family does not face financial instability if the insurer passes away.
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Sunday, October 25, 2020
Car Insurance And Insurance Claims and Options / Personal_Finance / Insurance
By: Kavinesh_A
It is widely known that different cars come at a different cost for their insurance. But have you ever wondered why there is such a big difference from one car to another? Checking out the insurance premium for the car is an advisable thing to do whenever you plan to buy a car, regardless of whether the car is old or new. Checking out the insurance costs will help you avoid other expenses down the road.
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Tuesday, May 05, 2020
Do I Need Business Van Insurance? / Companies / Insurance
By: Submissions
A commercial van is the beating heart of many small businesses. In some cases, losing access to a van could mean that operations would be interrupted, if not halted entirely. Picture a custom carpentry business that is left without a cargo van. It couldn’t reasonably ask customers to pick up their furniture and third-party transport would put a huge dent on profits.
Insuring your van is required, as it’s a registered vehicle the same as any other. However, that doesn’t mean that standard coverage is adequate for a commercial van. Instead, you’re going to need business van insurance.
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Thursday, January 23, 2020
Car insurance: what the latest modifications could mean for your premiums / Personal_Finance / Insurance
By: Justin_Weinger
When is a car modified and when it is not modified? No, this isn't intended as a philosophical question, though many motorists could easily feel as though it is when they are trying to navigate the pitfalls of insuring their car. Still, it's a question to which you really need to know the answer.That's because, if you do need to claim on your car insurance, an insurer could refuse to make the payout if they learn that the vehicle was a modified one without their knowledge. Worse, the insurer could even cancel the policy, as your payments might not have reflected the car's worth.
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Saturday, June 15, 2019
Fire Insurance Claims: What Are the Things a Fire Claim Adjuster Does? / Personal_Finance / Insurance
By: Sumeet_Manhas
Housefires are among the tragedies we can never expect to happen. As homeowners, we always do the necessary precautions to prevent fire accidents. However, there are times when we can’t. So, if tragedy strikes and our properties are badly damaged by fire, what should be our next step?
We always think that filing a fire insurance claim is the next step. But before we do that, it is very important to know the ins and outs of the fire claim process. Are we talking to the right fire claim adjuster? To help you in filing a fire claim, below are steps you can follow to make sure you’ll get what you deserve from your coverage.
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Friday, February 08, 2019
Top Myths and Facts about ULIP Plans / Personal_Finance / Insurance
By: Justin_Weinger
ULIPs (Unit Linked Insurance Plans) offer you the combination of both investment and insurance components in a single entity. However, there are a plethora of myths surrounding ULIPs products due to lack of knowledge and understanding of its features & benefits. Here’s a look into some of the common myths and their counterpart reality associated with ULIPs which will help you make informed decisions:
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Friday, December 07, 2018
Car Accident Not Your Fault, What Happens to Your Insurance Premium? (Morethan Example) / Personal_Finance / Insurance
By: N_Walayat
What happens to your car insurance if your involved in an accident that is NOT your fault? I imagine most motorists are thinking that given the fact that the insurance company will get ALL of their costs back from the third party's insurer, so there should be little increase in premium.
Well, that is not what actually tends to happens, in fact the driver at fault and the no fault driver are both likely to see a similar HIKE in insurance premiums! For instance if your insured with the leading RSA insurance brand MoreThan, and your involved in an accident that is NOT your fault then you can expect your insurance premium to rocket by as much as 42%! This despite the fact that the insurer (MoreThan) will have been fully reimbursed for costs incurred in the handling of the claim.
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Sunday, October 28, 2018
7 Insurance Policies That You Never Knew Existed / Personal_Finance / Insurance
By: Dylan_Moran
Every good financial management strategy wouldn’t be complete without insurance. Life is full of uncertainties, after all, and good insurance plans can give you a sense of security and protection from unplanned situations that could easily put a dent to your finances.
You probably have a few insurance plans under your name to secure your biggest assets: your house, car and health. But did you know that there are other insurance policies that you probably don’t know about but might come handy in the future?
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Tuesday, August 28, 2018
What Are the Penalties for Not Having Business Insurance? / Companies / Insurance
By: Justin_Weinger
When you reach the point of perusing the insurance products available for your business, you could understandably feel bewildered by the sheer range of options. There are, indeed, many different forms of business insurance available - and this could give you an increasing sense of dread...After all, how can you be certain that you are taking out the right insurance policies to prevent being hit with penalties? Here are details of potentially applicable punishments and how to avoid them...
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Monday, July 09, 2018
Why Life Insurance Is A Must In Financial Planning / Personal_Finance / Insurance
By: Anwar_Hossain
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Tuesday, June 26, 2018
What Smokers Need To Know Before They Buy A Life Insurance Policy? / Personal_Finance / Insurance
By: Submissions
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Tuesday, June 12, 2018
Time is Precious When Choosing a Car Insurance Policy / Personal_Finance / Insurance
By: MoneyFacts
• More than half of consumers used a comparison site to pick their car insurance plan
• Over a third (38%) spent less than an hour hunting for a new deal
• 10% of respondents automatically renewed their policy without any extra research
• Only a quarter of consumers added breakdown cover to their car insurance policy
• Windscreen cover proves most popular as 76% of consumers included it in their plan
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Thursday, March 08, 2018
Permanent Life Insurance: Is it a Waste of Money or a Valuable Investment? / Personal_Finance / Insurance
By: Anwar_Hossain
When it comes to purchasing life insurance as an investment, you've probably heard the saying, “Buy term and invest the difference.” This advice is based on the idea that term life insurance is the best choice for most individuals because it is the least expensive type among the many life insurance options and leaves you with enough money for other investments.
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Wednesday, March 07, 2018
Term Life Insurance - A Vital Service for any Family / Personal_Finance / Insurance
By: Submissions
Life is precious, and the lives of your family members need the most comprehensive cover possible. While we all do our best to look after our families in our living years, we also need to make sure that we can continue protecting them when the unthinkable happens.
Learn about term life insurance with this article, it is one of the most essential services which you can provide for your family. It adds an essential layer of provision and protection that ensures that your loved ones will always be taken care of, no matter what happens.
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Tuesday, December 05, 2017
Advantages of Car Insurance to Protect a Vehicle / Personal_Finance / Insurance
By: Aaron_Abel
Car insurance is important by law because it is illegal to drive your vehicle around in numerous countries. If your country doesn't need a car insurance, you still should have this to protect your vehicle. cheap car insurance companies allow you to protect you from financial damages related to car accidents. Vehicle insurance will help you to get a loan from a bank. A complete insurance offers protection against vehicle damage caused by accident on the road or any incident unrelated to the road. Insurance will cover you from different incidents, such as third-party cover, legal liability, theft and injuries of the third party. There are a few benefits of cheap car insurance:
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Saturday, October 21, 2017
Perks to Consider an Agent for Auto Insurance / Personal_Finance / Insurance
By: Submissions
Aaron Abel writes: If you have a car, you will have to purchase auto insurance, and no one wants to do it with happiness. It cost us a lot of money on a monthly basis to be insured. If you are going to insure your first ever car and you are a new driver the higher premium rates will hurt you a lot.
Thursday, October 19, 2017
Knowing the Factors Affect your Car Insurance Premium / Companies / Insurance
By: Submissions
Aaron Abel writes: You won’t believe the car insurance premium rates vary depending on different attributes and the auto insurance provider. They are very careful about the calculation of your monthly premium. They use their personal information and the company data they have a strong algorithm to bear the claim amount.So, that they calculate the insurance premium accordingly.If the risk is more the more, you will have to pay for the car insurance. On the other side, the safer you will be the less you will pay.
Friday, April 24, 2015
Greedy Insurers Are in for a Nasty Surprise – Positioning You for Big Profits / Companies / Insurance
By: Money_Morning
It’s a great day when a mega-profitable industry that sucks money out of us for services we can’t live without has to change how it lines its pockets.
And that day has come for insurance companies.
We’ve been talking at length about the new economic disruptors that are forcing change in everything from public policy to the financial markets.
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Thursday, August 28, 2014
AIG Cancer - Benmosche Has 9 Months to a Year to Live / Companies / Insurance
By: Bloomberg
Bob Benmosche told Bloomberg Television's Betty Liu that he decided to step down as CEO of AIG earlier than he'd planned after his cancer worsened. Benmosche spoke with Liu during an interview at his home near Dubrovnik, Croatia, where he will spend his retirement. He said, "I knew that the cancer had begun massive mutations. I knew that there's no drug yet on the market. I knew there were studies. And so I'm back - they reset the clock [in May] - nine months to a year."
Friday, May 31, 2013
Life Insurance - When Death Is the Best Investment / Personal_Finance / Insurance
By: Investment_U
Alexander Green writes: A good friend recently called me. He was excited.
“I just bought a fantastic whole life policy from a guy I know,” he said. “I can’t believe the benefits. I don’t know why everyone doesn’t do this.”
“Really?” I said.
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Tuesday, March 19, 2013
When Is Insurance a Good Investment? / Personal_Finance / Insurance
By: Don_Miller
A friend recently asked about a life insurance policy with a guaranteed cash buildup far in excess of what he could earn on a CD or long-term Treasury. What did I think?
During my working career, I had many insurance companies as clients. When I asked similar questions, I always got the same response: with any "combination" product — that is, an insurance policy with an investment component — consider each part individually.
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Sunday, November 21, 2010
How Wall Street Ratings Deception Entrapped Two Million Americans in Failed Insurance / Personal_Finance / Insurance
By: Martin_D_Weiss
Let’s say you put a big chunk of your nest egg in a life insurance policy with an A+ company.
You invest another sizable amount in a portfolio of high-rated corporate bonds and tax-free municipal bonds.
Then, feeling safe and secure with most of your funds, you take a flyer on a few stocks that a dozen separate research analysts have unanimously rated as a “buy” or at least a “hold.”
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Tuesday, April 20, 2010
Critical Illness Insurance Payouts Continuing to Rise / Personal_Finance / Insurance
By: MoneyFacts
More critical illness claims were paid out than ever before in 2009, as the problem of non-disclosure continued to be eradicated from the protection industry, a new survey from Investment Life & Pensions Moneyfacts has revealed.
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Wednesday, June 10, 2009
British Motorists Fronting Young Drivers on Car Insurance to Cut Premiums / Personal_Finance / Insurance
By: MoneySupermarket
Money conscious Brits are breaking the law by "fronting" on their car insurance to save cash, according to research from moneysupermarket.com.
- Research1 shows one in five drivers (19 per cent) have or would consider fronting on their motor insurance policy to save money
- Confusion rife with one in three (31 per cent) saying fronting is legal
Tuesday, May 05, 2009
Age Discrimination Rife Within Motor and Travel Insurance / ConsumerWatch / Insurance
By: MoneySupermarket
With the Government's Equality Bill published today and 'appropriate age-based treatment' allowed, research from moneysupermarket.com finds Brits will continue to be punished with high travel and motoring premium costs on the grounds of their age.
Wednesday, September 26, 2007
FSA publishes latest findings on Payment Protection Insurance (PPI) / ConsumerWatch / Insurance
By: Submissions
The Financial Services Authority (FSA) has today published the findings of its latest review of Payment Protection Insurance (PPI) selling standards. They show improvements in some areas, but also that many firms are still failing to treat their customers fairly.Read full article... Read full article...
Wednesday, June 20, 2007
Payment Protection Insurance (PPI) Price Rises adding Insult to Injury / ConsumerWatch / Insurance
By: MoneyFacts
Michelle Slade, personal finance analyst at Moneyfacts.co.uk – the money search engine, comments: “With PPI currently under the OFT microscope and being seen as an ‘overpriced, inflexible’ product, you may have thought lenders would be reluctant to rock the boat further. However as the moneyfacts.co.uk survey shows, for many providers the price has continued to climb over the last year.Read full article... Read full article...
Sunday, April 08, 2007
4/10 life insurance customers ripped-off by ratings / ConsumerWatch / Insurance
By: Submissions
Shocking research from specialist insurance website BestDealInsurance.co.uk reveals how greedy life insurers are making huge profits from loading up customers' life insurance premiums for what are sometimes only minor ailments.David Thomson, Chief Executive from the company says: “It is scandalous just how many consumers are getting hammered by their life insurer for so-called health risks. For example, if you want insurance and a family member has multiple sclerosis some companies will impose a limitation on to what you are covered for.
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