This Specifically Adds Business Insurance Cover To The Annual Policy For An Additional Fee

Category: Finance, Insurance.

There is a substantial body of recent research that concludes drivers who use their own car for work related journeys are, in a lot of instances, unaware that they need specific business insurance cover to drive legally. This problem can be solved by using a new on- line insurance innovation that provides day cover for the business journey.

This means that every day thousands of drivers are unknowingly committing a serious road traffic offence of driving without appropriate insurance cover. There are many different types of business journeys taking place each day in the work environment, many of which would not appear to really be business travel requiring specific day cover insurance. The perception is that these are not really business situations that require business cover. Some examples would be doing the bank/ post office run, getting the boss a bacon sandwich, going to collect the stationary order or delivering the urgent document to a customer. That could not be further from the truth. In the event of an accident the police will be specifically looking at business insurance as part of their investigation. The employees own car, when used on any task at work required by the employer, is classed as their place of work and the HSE requires, under the duty of care legislation and road traffic legislation, for specific business insurance to be in place to cover each journey, no matter how trivial it appears.

This means the age old way of getting by not having business insurance cover, pretending you were on a personal drive, will not hold up because the police will check whether you were at work that day and the reasons for your journey. For that you are likely to end up with a prison sentence. If you try that tack you will not only end up with a conviction for not having insurance, but you may be prosecuted for perverting the course of justice in lying about the reason for you journey. The traditional way of securing day cover for the journey is to contact the insurance company or the broker to set up a midterm adjustment to the driver s annual policy. It is an expensive administration exercise for the insurer and customer which does not deliver an immediate day cover policy on- line. This specifically adds business insurance cover to the annual policy for an additional fee.

The amended annual policy is posted to the driver in the usual way. However, we are in the internet era and an innovative new insurance offering enables you to purchase a day cover policy specifically for those occasional business journeys. This can be inconvenient, especially if the driver is stopped by the police and cannot produce the day cover amendment to the annual policy. The certificate of insurance can be printed off at work on the printer as proof of the business insurance cover to produce to the police in the event of an incident. The day cover can be taken out to enable another driver to use your car or for you to be properly insured to use another car at work. It truly is instant day cover which can be used for those distress situations where you cannot wait for several phone calls to amend an annual policy. So next time you are asked by your boss to make a quick journey in your own car, make sure you have business cover on your annual policy or take out on- line day cover.

The Problem Occurs When The Individuals Fail To Read The Fine Print Of Their Credit Card Disclosures

Category: Finance, Insurance.

Thousands of individuals obtain cars from car rental agencies each year, but when it comes to protecting themselves financially while in possession of the car, many individuals have questions about the best way to protect themselves.

Many individuals decline the rental car insurance offered by the rental car company because they believe that the insurance offered by their credit card is enough to handle any issue that may arise. One of the biggest questions that may be on their mind is whether the rental car insurance supplied by their golden or platinum credit cards is adequate protection against damage or theft of the rental car. So are they correct? There are many credit card companies that claim that if you rent a car using their credit card, they will provide insurance coverage for you for as long as you have the car. The short answer is that it depends on the specifics of the insurance offered by the credit card company. For many individuals, this seems like adequate protection for any instances where they need to rent a car.

Although many credit card companies offer rental car insurance, the actual items covered may vary from company to company. The problem occurs when the individuals fail to read the fine print of their credit card disclosures. Reading the disclosures for the rental car insurance portion of the credit card terms and conditions can save an individual a great deal of hassle in the long run. The coverage may also be limited to a certain type or class of car, meaning that if any other type or class of car is rented, the coverage will not be valid. For instance, while some credit card companies claim to offer full coverage insurance for the rental car, it is only valid if the car is rented from a certain car rental agency. Other credit card companies limit their liability to the amount of the deductible of your personal car insurance policy and will not pay above this amount to have the car repaired or replaced, leaving the card owner responsible for the rest of the costs.

Credit card companies also do not typically provide reimbursement for any personal belongings that may be lost if the car is stolen while in the card holder s possession. Even the credit card companies that offer extensive insurance coverage for rental cars will typically only provide collision and comprehensive coverage for the car, leaving the card holder responsible for any property damage or personal injury costs that may be incurred. It s a good idea to take any valuables you may have in the car with you. Make sure that you read the fine print and are aware of the coverage that it provides before your next car rental. Although the credit card rental car insurance may help the card owner a great deal when an issue arises, a card holder that depends on this insurance alone may find themselves in a tight spot if the insurance does not cover what they think it does.

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Usually What Happens Is That A Home Insurance Adjuster Visits Your Home And Inspects The Site Of The Damage - Finance and Insurance Articles:

Simply because you have decided to invest in home insurance policy does not mean that your home and your property is completely covered should there be some kind of damage to it. Usually what happens is that a home insurance adjuster visits your home and inspects the site of the damage.

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Driving contains several of safety measures which requires its presence every time one drives. The accident could be minor and even in some case very severe.

Health Insurance - Finance and Insurance Articles:

Health insurance. And with medical expenses on a seemingly endless rise, paying out- of- pocket for them could land you in the poor house.

Do I Really Need To Get A Life Insurance Quote

Category: Finance, Insurance.

I have written other articles on various types of insurance- I do this mostly as an aid to my chronic insomnia- and this article, is yet another, Good Reader one. It s insurance time again.

Grab your blankie and pillow, and pull up a mattress. Do I really need to get a life insurance quote? Wouldn t you like to know what the heartless computer- generated actuarial tables say your life is worth? I was just enjoying my nap. Wouldn t you like that dot matrix, dollars and cents version of you? Plus, you need to provide for the future, just in case. Yeah, me too, okay.

You can get a life insurance quote through myriad sources, including the Internet. But before you can get your life insurance quote, you have to decide what type of life insurance you want or need, as there are several. On the Internet, you can hide behind an anonymous keyboard and mouse, and avoid the high- pressure pitch from Trevor of Mutual Indemnity Life and Casualty Partners Limited, LLC of East Sausage, New Brunswick. Prior to getting a life insurance quote, understand the three most common types of life insurance: Term Life, and Universal Life, Whole Life. This is a temporary insurance, often purchased in five- or ten- year terms. Term Life Insurance.

It tends to be the least expensive of the three, accrues no cash, but as such value. It s like renting as opposed to buying- no equity buildup. When you stop paying, you have nothing to show for it. Or to put it another way, it s like paying protection to money Vinnie" Knuckles" Falzone- when you stop paying, capisce, you gotta problem? This is a permanent insurance. Whole Life Insurance.

It provides lifetime protection, but its fixed premium is generally paid for the life of the policy( meaning your life) . There are however, two types of whole life: participating, and non- participating. This type of policy builds up a cash value and can therefore be used like any other asset- as loan collateral, for example. Without going into too much detail, which ideally, participating earns dividends, eventually pay the premium for you, and make the policy self- supporting. Sticking with the previous analogy, here Vinnie invests your money in a couple of Laundromats, and pawn shops, pizzerias, and gives you a" piece of da pie. " Universal Life Insurance. Non- participating does not pay a dividend, but premium payments may only be due for a fixed number of years. This is also a permanent insurance, but it has a flexible premium as well as a flexible death- benefit amount.

If you buy this type of insurance, you have to be prepared to possibly pay a higher premium on occasion, or have your beneficiary receive less( or more) than was expected. The amounts depend on how the underlying investments did the previous year. As investments go, it s relatively low risk. In this situation, Vinnie invests your protection money in higher risk deals, like a casino or offshore oil drilling, and requires you to maintain flexibility in your payments. "We need a extra c- note dis week on account a dem lowlife inspectors needin a little extra palm greasin ." Okay, I get how" Vinnie" works. You can look at it as a combination life insurance policy and savings account. Now am I ready for a life insurance quote?

And as I stated earlier, you can get a life insurance quote from many places. Why, yes! You can Google" life insurance quote" and be shown plenty of options. He can give you the benefit of his experience with the market, knowledge of specific insurance companies, and understanding of your particular financial situation, to get the best life insurance quote for your needs. If you have an insurance agent, or have worked with one in the past that you trust, set up a meeting. Despite what I said earlier about the Internet, working with a financial expert is probably the most sensible approach.

Even if his name actually turns out to be Vinnie.

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Likewise, The Cost Of The Assurance Will Depend Upon The Duration Of The Term - Finance and Insurance Articles:

Risk and unpredictability are here in our life to linger until we die.

The Policy Is Separate Car Insurance In The Name Of The Student - Alexandra Alanis about Finance and Insurance:

Students home from college or university during holidays can create problems when they want to use a motor car to get about.

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In my opinion, car insurance is extremely important My own car is very close to my heart because I spent a large part of my income when trying to buy it. One never knows when an accident might take place and the vehicle may have to be repaired.

We Guarantee That Our Online Van Insurance Quotes Are As Unbeatable As They Come, Or Else We Will Give You A Refund

Category: Finance, Insurance.

There are untold numbers of online sites promising you the lowest van insurance rates that it can be pretty difficult to choose a company which provides a policy that is reasonable and trustworthy. We guarantee that our online van insurance quotes are as unbeatable as they come, or else we will give you a refund.

That is why we are making it easy for you. Yes, we will give you your money back! You are running a business. Sign up with us online or call us up to avail of this unbeatable quote. You want to increase profits. You can cut costs on your commercial vehicle premiums in several ways: An efficient way of saving insurance on your commercial vehicle is to place signs on it. You want to reduce costs.

Putting up signs around your van which is very visible makes it easy to notice, dramatically reducing your chances of it getting stolen or looted. Putting up a driving badge behind your vehicle which inquires on your driving and provides contact details can do you a lot of good. Putting signs gives your vehicle its individuality, and makes it easily recognizable by the authorities. Other people actually dial the numbers to report on how good or lousy a driving job you are doing, and insurance brokers provide discounts to vehicles which have these badge signs behind their vehicles. Traffic convictions rack up and in the long run, the more violations you have, the more you will have to pay for your insurance policy. As much as possible, avoid traffic violations. If you try to avoid traffic violations you will find yourself having an easier time in getting a far better deal on your policy.

Having greater excess means your premium will be lesser, but be sure that you have the capability of paying up the excess when the need arises. One good way of saving up on your monthly insurance premium for your commercial vehicle is to raise the amount of your excess. Besides the usual coverage policies for your commercial vehicle, you can also secure auxiliary coverage o your policy. It is a feasible idea to acquire this in the policy you are including for your vehicles, and well worth the cost, to get an update as to how much it will cost you to do this, sign up now online or call our telephone numbers. You can obtain windscreen coverage at the cost of extra premium price, that is if you have not already signed up for the comprehensive insurance premium package. Your commercial vans can also get breakdown coverage, and this is very useful.

We will provide you with another vehicle should your present one breakdown, and we will tow it. We eliminate the scenario of standing beside an empty road where the van has been stalled for hours, spoiling perishable delivery. A very valuable coverage as you see. Please sign up with us online now for an immediate quote on how this could cost you, and receive an unbeatable online insurance rate immediately.

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This Is Why It Is Vital To Have A Copy Of The Travel Insurance Policy And Documents With You When You Travel - Mindy Fickett's Finance and Insurance blog:

It seems that many people in the UK ask themselves this question and conclude that there isn t a reason to take out travel insurance. Below I will detail some reasons, but by no means all, for having a travel insurance policy and possible consequences of not having one, but as everyone is different it is incumbent upon each person to make an assessment of their own needs in deciding whether they need to buy a travel insurance policy or not.

Executive Book Summaries Will Help You Do All Three - Finance and Insurance Blog:

Years ago I ran into a long time friend of mine while on a cross- country business trip. He owns and runs 35 different companies with multinational operations.

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If you own a small business in Dallas, Houston or anywhere else in Texas and are looking for a health insurance provider for your employees, here s a standard list of business data you ll need to provide: - Employer name. Insurers need the street address, not a P.

Why Do You Carry An Umbrella

Category: Finance, Insurance.

Why do you carry an umbrella?

Well, not exactly. The easy answer is so that you protect yourself from the rain, right? You also carry an umbrella in case it rains, at least forward- looking people do. In other words, an umbrella is an" insurance policy" in the event that weather disaster strikes you. And business owners and professionals looking for the right insurance always have to be forward- looking, don t they? You may have a waterproof coat on.

You might have even picked a route to walk on which provides you the maximum shelter from rainfall. You may be wearing rain boots. But you ll still carry that umbrella around with you because you want to make sure you don t get soaked once the unwanted event occurs, don t you? It s why they ve come up with something actually called umbrella insurance. Well, it s not all that different when it comes to formal insurance polices. Those creative geniuses in the insurance industry have an answer and a name for everything, don t they? So, if you have, professional liability coverage, say of up to$ 1 million, and a claim is made against you for$ 5 million, the umbrella portion of your coverage can kick in and prevent you from paying the full amount.

To put it in the simplest terms, umbrella insurance is extra coverage you get just in case you your basic coverage runs out. Just as a real umbrella can save you from the disaster of your hair getting wet, despite the most waterproof hat on the market, good umbrella coverage will provide you with protection in case your basic coverage gets soaked, too. One is that it can leave significant assets covered for a relatively small price. There are essentially two advantages to obtaining umbrella insurance. The other advantage is that it can simply provide you with more comprehensive coverage- above and beyond individual policies such as professional liability. Professional liability alone may not be enough, since the limit of that policy could only cover a certain amount of your assets.

Individuals or professionals who have considerable assets that could be at risk under the threat of a lawsuit might want to consider an umbrella policy. By investing in an umbrella policy that would increase the amount of your assets covered, the potential savings in the end could far outweigh the additional costs. Umbrella insurance does just that if you have considerable assets that could be at risk. Liability insurance is meant to protect you from the nightmare lawsuit. The other thing to take into consideration is that, not only does an umbrella policy provide you with added insurance, just like a real umbrella, but it also provides you with coverage that brings together various different aspects of your specific insurance policies. There go those insurance experts with their clever titles again.

In other words, this kind of policy puts under one umbrella components that would otherwise be included in separate coverage. So, a good umbrella insurance package can not only end up costing you a bit less to cover more assets, it can save you the time and effort to seek out individual policies to cover various different components of your business. Like all good insurance policies, it leaves you prepared for when that rainy day hits. For example, say, instead of, getting one policy for professional liability, another policy for property coverage, and yet another for worker s compensation, a cleverly constructed umbrella policy can create for you elements of all of them, and leave you, save you money more widely and deeply covered than you otherwise would be. You ll have that umbrella over your head to meet that day when it comes. For a relatively small extra investment, is it really wise to simply write off the concern and pretend that you don t have to worry about it?

Now, before coming to the conclusion that, despite all the warnings and all the concerns, you probably don t need umbrella coverage, think about some of the consequences of not getting it. Here some food for thought. The first is that you re human. No matter how careful or good you are, and no matter how prepared you think you are to avoid mistakes and causing harm to others, there are two things you have to worry about with respect to umbrella insurance and professional liability. You re not superman- or superwoman. You don t know when or how, but being human means that they mistake can occur one way or another. As a business owner or professional, you are going to make mistakes.

And they can certainly happen in the normal conduct of your business. The second thing to worry about if you don t have umbrella insurance or professional liability coverage is human nature, especially in today s environment of the frivolous lawsuit. In fact, all that has to happen is for there to be a perception of a mistake made by someone you do business with, that you can, that causes damages still end up paying for in terms of legal fees and awarded damages. You almost can t imagine the ways in which your business might touch others, and the ways in which someone out there may claim that the harm they suffered was as a result of something you did. With these under your belt, you help protect yourself from the nightmare lawsuit you never dreamed of ever having to fight. You cannot possibly protect yourself from such a scenario without things like professional liability which may include added umbrella insurance.

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All Insurance Types - Marlene Templet about Finance and Insurance:

finally, you re going to get all the information about Long- tern insurance. that article will help you to understand the long- term care insurance. long- term care insurance- The aging of America is one of the biggest factors. contributing to the growing interest in long- term care( LTC) insurance.

Motorists Were Also Advised Against Lying To Insurance Providers When Applying For Cover Or Looking To Make A Claim - Agnes Goguen's Finance and Insurance blog:

Drivers could be spending a record amount of money from their car loan on motor insurance, a new set of figures have indicated.

The Same Applies To Car Insurance As Well - Annette Eslick about Finance and Insurance:

If finding cheap car insurance is a hassle you are facing, consider going online.

Nowadays, Most Policies May Cover Up To 15 To 20 Critical Illness Conditions

Category: Finance, Insurance.

The Canadian critical illness market experienced a growth for the creditor critical illness insurance. According to Munich Re, creditor insurance was, 2000 launched in the year 1997 and since then a considerable improvement had been noted in the past two years.

More precisely, with critical illness cover acting as a protection for mortgage. As a matter of fact, in the year 2000, the premium amounts recorded could have summed up to Canadian Dollar 12 million. When individual critical illness insurance was initially marketed, companies covered 10 critical illnesses. This could represent a 100 percent increase in total premium value since the year 199 Canadian insurance companies had started to provide cover for a wide range of critical illness conditions. This helped them compete in the insurance market. The group market had been in contrast, with the individual critical illness insurance, followed a different trend. Nowadays, most policies may cover up to 15 to 20 critical illness conditions.

Fewer critical illnesses with less exclusion made the policy. Having a simple policy meant easier marketing and presentation. Basically, the creditor critical illness policy covered three major conditions: cancer, heart attack and stroke. The exclusions may have been less as compared with a policy which covered up to 20 critical illness conditions. The premium payment rates in Canada offered by association, group or creditor critical illness may be non cancelable for the life of the policy. However, there may be certain things to remember related to critical illness insurance in Canada as compared to more successful markets like UK and South Africa. This can be an advantage for the critical illness policyholder.

Furthermore, similar to the early times in the UK, critical illness definitions in Canada had not already been standardised. But from a reinsurer s point of view, this can be an additional risk as the premium values may be normally high. Competition over the market had made companies to lower their prices and simplify their definitions. But at the moment a policyholder makes a critical illness claim this could cause a problem. From a marketing point of view, this could be a definite advantage. It could even lead to customer dissatisfaction. Moreover, insurers had started to realise about how important benefits paid as lump sums are to people.

The reason behind could be that the claims department would find it difficult to understand the softer definitions. People may also expect to have value added services on top of the claims awarded. Services may include independent specialist or physician intervention. As a matter of fact, insurers may be pondering over the idea of offering services along with the critical illness lump sum. Additional services may also comprise referral to a specialist according to the critical illness claimant s condition and otherwise if the claimant wishes to undergo treatment abroad, the insurer may help with travel arrangements and payment guarantees. The coming years have been predicted to be rather fruitful for the Canadian insurance market.

Critical illness insurance in Canada has not yet reached its maturity. With people starting to know about critical illness insurance, the policy could sell well if a high profile company comes up with a new and attractive critical illness policy design.

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Life Settlements Are Relatively Simple - Bessie Calfee's Finance and Insurance blog:

Life settlements generally work best for people who are in their retirement years or meet certain criteria that make purchase of the life insurance policy attractive to the buyers. In fact, over a third of all life settlements fall into this category.

This Fact Is Clearly Evidenced By The Many Complaints Received By The Short- Term Insurance Ombud - Rosalie Catoe's Finance and Insurance blog:

Consumers often rely on the travel insurance available as part of their credit card facility, medical aid cover or insurance policies, but this could leave travellers stranded in a foreign country without the funds to receive adequate assistance or medical treatment.

Auto Insurance Is Not A Luxury But A Necessity - Natalie Tewell's Finance and Insurance blog:

Auto insurance is not a luxury but a necessity.

Illness Means Expenditure And Critical Illness Means Even More Expenditure

Category: Finance, Insurance.

There can be no denying the fact that life is a mixture of happiness and sorrow. However, to face the situation boldly one requires taking the right step.

One is advised to face the sorrows boldly. One major cause of concern for everyone is illness and more critical the illness tougher it is on people to cope with it. Illness means expenditure and critical illness means even more expenditure. It is not difficult to understand why. No one can deny the fact that life today has become very expensive. In such a scenario, if a sudden expense rises then it can very well throw the budget of any middle class household out of gear. So much so that people, at least those who belong to the middle class category, are forced to live strictly within their budget.

The situation becomes even worse if the need for expenditure has arisen because of some critical illness, for then it can simply not be postponed. In such a case, the expense is borne by the insurance company and the individual concerned would be, spared from spending a single penny of his hard earned money. This unpleasant scenario could well be averted if the person concerned is protected by medical insurance. Anyone who has suffered from the agony of sudden expenditure, particularly arising from such unavoidable reason as critical illness, will attest the fact that it indeed is a great help. However, to gain maximum advantage from medical insurance, in case of emergencies like critical illness one must be very careful while opting for insurance. There are quite a few insurance companies in the UK that are providing very effective services to their clients. A comparison of the policy of different insurance companies is a must.

If this care is taken then there is no reason why one will have to fear about any eventuality, be it critical illness or anything else, as he would be having enough ammunition to fight the calamity. Only after thoroughly pouring over on different policies should one zero in on medical insurance.