Showing posts with label insurance policy. Show all posts
Showing posts with label insurance policy. Show all posts

Apr 27, 2012

Worried about the cost of your motorbike insurance?

1. Not too many of us love the thought of paying for our motorbike insurance and if you’re looking for a few ideas as to how to get your costs down, you might want to think about some of the following ideas:

2. Ride a smaller bike: that concept may strike you as being unthinkable but it’s a fact of life that typically if you ride bigger and more powerful machines, you may also face bigger and more powerful premiums.

3. Look around: motorcycle insurance quotes are typically readily available so it might make sense to look around carefully before making your decision;

Apr 5, 2012

Travel Insurance: Do you really need it?

Taking a trip can be a great time to get away from everything that is stressing you. It can also be a great time to meet new clients for your business. What you shouldn't be doing is worrying about insurance. Obtaining travel insurance is something that anyone should do if they travel often. Traveling abroad should never be done without having adequate insurance.

What Happens If Your Trip Is Delayed

Delays do happen when you travel. Flights are late, inclement weather strikes or your rental car isn't available when you get to your destination. Travel insurance will help you recover any costs associated with getting a new car or having to book an extra night at a hotel.

Feb 23, 2012

Four factors that have fuelled city-centre living

Urban centres have become increasingly popular in recent years as both residential locations and as commercial space.

This social change has been driven by a number of factors and has been reflected in the number of new property developments springing up in major cities around the UK. As space tends to be at a premium in urban areas, it has led to the construction of a greater number of apartments; potentially fuelling interest in block of flats insurance.

So why have so many people decided that an apartment in a town is a better place to live than a larger house in the country? Here are four factors that are likely to have spurred on the rush for the city...

Feb 7, 2012

Best Ways to Find Cheap Holiday Insurance

Many people will (rightfully so) look to find cheap holiday insurance so that when they go on holiday they can focus all of their energy on the positives of being away; the weather, the culture, the change in scenery, the break from everyday life and many other reasons however, before you can sit back and relax be certain that the holiday insurance package that you have purchased (ideally check before you make the purchase) covers everything you need.

Spending a few moments carefully running through the finer points of your preferred travel insurance company’s policy documentation, coverage areas and more can save a lot of potential stress should you need to use your policy.

Jan 20, 2012

Self-Employment and Health Insurance Tax Deductions

Health insurance is something that can help protect self-employed people when they are unable to work. However, the rules on claiming it back against your tax can be confusing. Group health insurance is generally an allowable expense, but if you have a private policy, you should seek advice to find out whether your specific insurance is tax deductible.

When you are self-employed, you become responsible for your own tax affairs. This means you are the one who has to sort out your obligations for all of your undertakings, including making sure you are paying the right level of tax and national insurance.

Oct 28, 2011

How professional indemnity insurance can protect those in the advertising and marketing industry

Professional indemnity insurance might be more commonly associated with the legal and medical professions, but it is appropriate and often necessary in a far wider range of industries. One of these is advertising and marketing.

There are certain industries in which professional indemnity insurance is mandatory – that is, required by law. Due to state legislation or membership of a particular profession, indemnity insurance must here be purchased by default as a condition of doing business. These are known as ‘involuntary’ professions with regards professional indemnity.

Oct 27, 2011

The differences between Directors and Officers Insurance and Errors and Omissions Insurance

Directors and Officers Insurance is often confused with Errors and Omissions Insurance, but the two are not synonymous. They apply to different circumstances and you will need to ensure you have the right cover for your role.

Directors and officers insurance protect the director and officers of a company from financial liability in the event of a claim regarding perceived failures in their performance and duties as managers. Errors and omissions insurance are concerned with negligence or failures in the provision of products and services. In practice, both will often be required.

Oct 26, 2011

5 Ways to save money on life insurance

Are you searching for a new life insurance policy? If so, you likely know just how much of a minefield finding a good policy can be. However, there are quite a few things you can do to keep your costs down; some of which you should probably consider even if you’re not applying for life insurance, depending on your circumstances.

Jun 27, 2011

Seven Insurance Policies that are a Waste of Money

There are certain types of insurance in life that we can’t live without and which you would be foolish to go without. Health insurance, car insurance, even life insurance all have their place in your financial planning, and though expensive, are important to have if the worst should happen. However there are now so many different kinds of insurance out there that it seems as if insurance companies are trying to cover every second of your day – and make you pay for the privilege. Here are seven examples of insurance that in all likelihood, you don’t really need:

Extended Warranties: The biggest con of all, if you buy a product you are entitled to expect that it will work for a decent length of time. In Europe for example, extended warranties are unnecessary because the courts would argue that you should expect a product to last four to five years minimum anyway. And if you’re so convinced it will collapse the day after the manufacturer’s warranty expires, save a bit of money every month into a bank account. That way if it doesn't, you’ve got some extra spending money!

Mortgage Life Insurance: Designed to leave your family free of the worry of paying the mortgage if you die, you’re far better investing in a life insurance policy that would be big enough to both pay the mortgage and leave your family with a lump sum at the same time. Save your money and do some research on those life insurance quotes.

Hire Car Insurance: If you own a car but need to rent for the day, check your car insurance policy. Chances are you’re covered for rental cars too.

Children’s Life Insurance: Life insurance is supposed to provide for dependents in the worst-case scenario of death. Your children will not have any dependents. Put the money towards their college education or getting their first home, a complete waste of money.

Flood Insurance: The only time you should buy Flood Insurance is if you live on a flood plain where flood insurance is required. Anywhere else and the chances of it happening are so remote it is probably not worth spending your money on.

Credit Card Insurance: Most people get this because they believe it will mean their debt is paid if they lose their job or get into an unforeseen circumstance where they can’t make their repayments. Unfortunately this isn’t true. Instead the credit card company will simply pay off the bare minimum every month, whilst the main part of the debt stays there slowly accumulating interest. A far better use of your money would be to spend it on reducing the actual credit card debt.

Unemployment Insurance: Basically unemployment insurance, unlike unemployment compensation, is a private policy that would pay the minimum payments of all your bills if you were to lose your job. But in reality, when you read the small-print unemployment insurance is really only useful for self-employed workers.