Accident Insurance Policy in India Accident insurance is an insurance policy where a sum assured is provided to the nominee in case if an insured dies in an accident. The insurance company also provides coverage and compensation if the insured person looses his sight of vision(becomes blind) or disable in an accident. Some insurance companies also cover the insured in case of death or permanent disability due to acts of terrorism....more
A little homework can go a long way towards saving you some money when it comes to health insurance. All you have to do is take a microscope to check out the fine print and all of the details that tell you exactly what you are entitled to. There are a lot of things that are not exactly easy to understand, so be prepared to put your thinking cap on and find a quiet place and get to work.Very few people take the time to actually read the policy...more
Term life insurance is a personal protection product that is just as important for women as it is for men.In Australia, there is a severe underinsurance problem that stretches across both genders; however women generally have less cover than men do.Many are still under the belief that only the main breadwinner needs to be insured, but this is not true. The dollar value of a stay at home spouse can add up to thousands of dollars each year when you look at the amount of work that is done. One simple way to calculate how much this dollar would be is to get a quote for weekly house cleaning and baby sitting, and multiply this by 52. The resulting cost would be enough to astound you!Term life insurance for single parentsHaving adequate coverage for single parents is vital to the financial protection of your children. Just think, if you were to suddenly pass away, how could your children cope financially without you?Not only is having a life policy important, but also the sum insured. You will want enough funds to pay for your kid's education and living costs until they are financially independent.Term life insurance for couplesIf your spouse were to pass away, could your family cope...more
A settlement paid in such a way where the defendant, the plaintiff's attorney and a financial representative agrees of paying a settlement in installment instead of paying a huge amount at once is called a structured settlement. This usually happens when a plaintiff decides to settle the case through a large amount of money. Most of...more
There is a lot of confusion among car insurance customers over who needs to be listed on the policy as a driver in order to have claims paid. In reality, the driver-related guidelines for a car insurance company to pay a claim are actually quite simple. The dilemma that most people face, however, is whether they are willing to pay extra on their...more
Our workloads affect a lot of important aspects our lives .. the amount of time we spend with our family, our weekly budget, and our general satisfaction with life. A drop in workload might mean less money in the bank .. but it can also mean lower bills. If you've been lucky and savvy enough to sign up with a car insurance company offering premiums that are personalised to your individual car usage patterns, you can expect to see your premiums drop along with your workload. We look at why!How come my car insurance is linked to my workload?Well, we should be clear about one thing - your car insurance is only linked to your workload if you've chosen one of the newest breeds of car insurance companies that don't assume your circumstances - they ask. Many insurance companies still don't factor variables like workload into their premium calculations.For those that do, however, the drop in workload often produces a premium reduction because you are likely to be using your car less (as you'll be commuting less often). Less car usage means a lower risk of having an accident ... and in all fairness, that should lead to a reduced car insurance premium, since they are calculated based on the...more
Accidents happen uninvited but insurance is taken in anticipation of covering a future mishap, whether it is for a person, family or for the property. Property insurance, on the broader sense can be classified into Property insured through open peril...more
Today mobile phones are getting costly and sophisticated and there are chances that the mobile phone could get stolen or it can get lost. In that case if the user is having a mobile insurance then he wont regret that if he could have cared of the...more
UK Commercial Insurance Distribution 2010This report gives a comprehensive analysis of distribution in the UK commercial insurance market. It explores issues including the growth of direct insurers in commercial insurance and the acquisitions...more
Reason to opt business insuranceBusiness insurance can be first priority for leading up the business, but when it becomes quite necessary then reasons are automatically created, why they should buy it.Many a times, business owners...more
Critical Illness Insurance: A Health Insurance Policy:Critical Illness insurance is a health insurance policy in which you can insure yourself against any serious illness or disease. This insurance policy helps with a lump sum amount to...more
While home insurance is a necessity it can be expensive. However, there are certain factors you can take into account which could help you make savings on your home insurance premiums.Perhaps one of the biggest savings you can make when...more