Over the last few years, within the United Kingdom, The Financial Services Authority (FSA) has been looking at unjust practices of issuance of Payment Protection Insurance (PPI), and the ways of which it was sold to loan borrowers. Many large United Kingdom banks have been making a lot of money off mis sold payment protection insurance.PPI was initially created to help the loan borrower if they became ill or injured at work. This specific...more
There has been a large amount of controversy over recent years about payment protection insurance (PPI), mainly as a result of overzealous brokers using unethical practices when selling it to clients. The term now used for this kind of activity is known as mis sold payment protection insurance or mis sold PPI.In many instances of this mis-sold ppi, the loan companies would lie and explain to the potential loan borrower that they would not receive...more
Despite the recent volatility and looming uncertainty for America's financial health, trends show more Illinoisans turning to money market funds and Illinois life insurance policies. Analysts interpret these trends to suggest Americans are looking for fuss free stable resources for future financial contingencies.On Wall Street and at Chicago's Board of Trade, hedge funds, short sells married to an uncomfortably high unemployment rate are motivating consumers to rekindle losses with a new perspective on financial planning. Americans continue to fret about longer life expectancies, falling home property values, portending a future of sustained economic uncertainty.Consumers are turning to Illinois life insurance policies to provide a contingency plan in the event of death. Whether the Illinois life insurance plan carries a cash value to cover tuition, living expenses, and number of years, shopping for level term policies involves complex calculations.In America, life expectancies are on an accelerated course of extension. Statistics charted by the government funded Web site, depict that 13 percent of the population were senior citizens and with an average lifespan of 82 years old....more
The lower your car insurance rates, the better. As long as you have adequate coverage, you want to pay as little as possible, especially if you're on a limited budget. There's no shortage of advice regarding ways to minimize your premiums.Sometimes, however, it's worth approaching an issue from a contrary perspective in order to drive the point...more
Whether you own and run a small one man plumbing business or a massive firm with many employees you need to cover your plumbing business with plumbers insurance which usually falls under the category of business insurance.This sort of insurance could be classed as necessary if you run your own business. As you are in the plumbing business you'll go...more
Long term health care insurance policies that will be purchased by people who are unable to care for themselves in their old age. Instead of paying out yourself towards large nursing home bills all residential care bills, it is better to purchase a policy that will involve an insurance company, who would pay the bills instead. When looking to get a policy of this kind, you need to consider certain things.Of course, the first consideration that will cross your mind will be whether or not a policy will be required at all. You may well be able to cover your own personal care costs as you begin to age, but this will depend completely upon your net worth. Figure out how much you are worth, and if this is over $1 million, then it might be more financially prudent to put aside your personal funds in order to cover your health care costs when, and if, required.If you are looking to get a policy then you should contact a number of nursing home facilities in your area and asked to speak to someone about the different options you will have with healthcare policies. They should be able to provide you with information about the best insurance companies that offer these types of policies.Make...more
So many Americans are worried about how healthcare reform will ultimately impact them. As we age, the potential for long term care needs becomes more and more of a concern.The biggest reason many people do not purchase long term care insurance is...more
Never assume all health insurance policies work the same way. If you have every found yourself searching for new health care coverage insurance or changed your current plan, you should know that not all providers will submit claim forms to your...more
Anyone who has ever been shopping for health insurance, is aware of the different policies that will provide you and your family with proper health care. Private health insurance plans are without doubt the largest insurer of individuals and...more
We have all seen them screaming past us on the freeway, leaving behind plumes of rubbery smoke and causing severe hearing loss in those unlucky drivers who got too close to them. In case you have not been able to guess what I am referring to, it is...more
Your love for all things red, including your car, could be why your motor insurance premiums are higher than your friends who happens to drive a sky blue sedan. The amount you pay for your car insurance could be influenced by something as simple as...more
The necessary focus on going greener in the midst of our economic challenges makes us as a fleet insurance company pose the question whether the government incentives will be enough?The UK Government announced at the end of July 2010 that more than 1...more