Every business needs to carry insurance. When you are buying business insurance it is important that you understand what types of coverage you are purchasing. Many business owners make the mistake of assuming that they are covered for specific events, only to find out too late that they are not.When you purchase insurance make sure you have enough coverage for your business equipment. It is always advisable to purchase replacement type insurance...more
When a natural disaster occurs, such as a Volcano erupting and spewing ash into the atmosphere causing flights to be delayed or canceled, or a Tsunami or Earthquake that disrupts transportation, there are some travel insurance companies who would not provide you with any sort of cover to help you out in that situation. Things such as delayed flights, extra accommodation and re-booking tickets can be very expensive. If you are traveling on a budget, such extra expenses could cause major problems for you to get yourself and your family home safely. What if such a disaster occurs when you are actually en-route to your destination or home, and you are forced to stop and stay somewhere before re-commencing your journey? Would you want to pay for that when it is a situation far beyond your control? There are travel insurance au companies that would provide you with some cover if you were to be affected by a natural disaster. Travel insurance is a necessity when you are traveling away from home, either domestically or internationally, going on an annual holiday, or traveling many times a year. There are so many things that can occur when you are overseas, and travel insurance can help...more
The amount of callouts that you can make on your insurance policy is also an important thing to consider. Some boiler insurance policies will only let you make two callouts a year, while some are unlimited. Obviously, if you live in a newer home with a recently installed boiler you'll probably rely less on the cover - and therefore need to spend...more
A Medigap (also known as Medicare supplement insurance ) policy is the coverage you buy to help cover the gaps in your Original Medicare insurance. Only you can decide if a Medigap policy is the way for you to supplement your Medicare coverage and which Medigap policy to choose. Be sure to compare available Medigap policies to see which one meets...more
Have you heard of fleet insurance? Well it is not like your usual insurance. It is packed with many benefits that other kinds of insurance fail to cover. If you already have it, lucky you! But for those who have zero idea about it, here's what you can get with this insurance: * Single insurance per fleet - What could be more convenient than claiming single insurance for several numbers of vehicles for the business? Have you ever wondered how easy it is to do one time processing for several vehicles you have, rather than doing the process over and over per vehicle you have? This type of insurance gives you the most convenient way to claim your insurance.* Single and organised processing - In the event that you need to process a claim for insurance, a single and organised method can be done for all the vehicles that are under the same insurance. No need to apply for separate claims for each vehicle.* Cost effective - Insurance has been one of the biggest chunks you can find on every individual or business office's financial statements. One way to reduce this is to consolidate properties under one policy; this will help you minimise expenses rather than paying separate insurance per...more
[1] How Much Does Life Insurance Cost? 2008. http://www.howmuch-does- lifeinsurance-cost.com/Cashing In On Insurance By: Mark Eting About the Author For new information and to observe a few recent occupation options in your...more
When setting up a life insurance plan you can usually choose any amount of insurance youd like. So, how do you choose the right amount for you? Well look at five key areas people consider when choosing the right amount of life insurance....more
The only thing more dangerous than running a business with insufficient coverage is to run it with none at all. Conventionally, the highest expense for any operation is in the field of commercial liability insurance for coverage against fire, theft...more
If youre new to Medicare, or even if youre not, you might not be familiar with a very useful and free tool called the State Health Insurance Assistance Program (SHIP). Every state has one. While the names of the programs vary state by state, the...more
When discussing insurance options with your insurance broker, prepare a short list of questions before arriving. Finding a knowledgeable broker with experience dealing with the type of insurance you need can help you in the long run, so remember to...more
TrustsWhen taking out a life insurance policy it is advisable to write the policy under trust. This ensures that the policy will payout to the correct people, at the correct time in the correct amounts. Trusts can be complicated so it is advisable to...more