Professional indemnity insurance is offered to professionals who are interested in protecting their reputation and financial future against potential risks. This type of insurance works by protecting the policy holder when he makes an error at work that in turn causes someone to suffer personal injury or loss of life.Indemnity insurance works by ensuring that the policy holder does not suffer due to errors made at work and that he is protected...more
The life insurance category known as final expense coverage is also called funeral insurance or burial insurance. This type of insurance is simply a life insurance policy with a small death benefit. For most people other kinds of life insurance will be better choices.This type of life insurance is typically sold to an insured with the idea that the the insured's family cannot afford the burial costs (currently averaging around $8,000), The...more
(1888PressRelease) Gold bullion is both tangible and portable and has an intrinsic value.MIAMI, FL - Owning gold bullion or gold coins can offer many advantages to an investor but, first and foremost, owning gold provides the perfect insurance policy. As such, the tendency should be to hold on to it, not to sell it - it should be kept to provide a hedge against inflation and maybe even an alternate currency in the event there is ever a total meltdown of the financial system. If paper currencies no longer have value, gold coins will still be acceptable for trading purposes. Due to its high value to weight ratio, gold is extremely portable; if investors are not concerned about their home security then gold bullion and gold coins can be kept on the premises, alternatively gold can be stored in bank vaults; several hundred thousand dollars' worth could be stored in a safety deposit box.Coins are particularly attractive to some investors; they are both tangible and pleasurable to own. Owning physical gold, in any form, is psychologically more reassuring than owning several pieces of paper stating that you own stock in a company or have money market funds worth a certain amount."Gold has...more
Choosing a Texas insurance company can be a lot of work on your part as you inquire about rates and coverage options. Different companies seem to offer packages that don"t match what other companies have to offer. Therefore, it can be difficult to make a fair comparison to determine who has the best rates for the right type of coverage. As you...more
Individual Medical Insuranceis a very good insurance plan that is put in place to meet up with most health care needs and budgets. There exist several types of major medical insurance schemes such as short term medical insurance, high deductible plans etc. This individual scheme is very important because, those who are not covered by the employers...more
Payment Protection Insurance, generally known as PPI, has become a very controversial financial product that was widely sold during the early twenty-first century, although it is now less widespread. This protects your loan status in the event that you are unable to make a payment. This type of insurance covers mortgage, rent, and other monthly payments instead of just a single loan. PPI benefits the lender, not the consumer. Fully 85% of these payment protection insurance claims never pay out. The consumer must submit ppi claims within a certain time frame after the triggering event and then wait 3-6 months for the policy to become active.It becomes difficult for one to determine whether the PPI is right for them or not as this insurance is different from the other insurance policies. In other types of insurance, you will find some claims rejected and some claims accepted and this is common, but not in PPI. There are several ways that PPI was regarded to have been mis sold. According to the FSA (Financial Services Authority) 75%-90% of both single and regular premium PPI policies may have been mis-sold in the UK. The Mis-Sold PPI policy scandal arose from the banks passion for...more
With 2011 drawing to a close, it's an ideal time to review your insurance strategy with your Life Insurance Broker. The goal should be to ensure that your coverage is keeping pace with changes in your life and that you are aware of all your life...more
Professional indemnity insurance is considered a must for many professionals who want to protect themselves from potential law suits that may occur due to negligence or breach of duty. This type of insurance policy protects policy holders when the...more
Don't put yourself at risk of financial burden by not having auto insurance for yourself or your teen drivers! Having auto insurance protects you and helps offset costs, should you be in a car accident. Use the following tips to pick the right auto...more
There are many duties on an insured to maintain your insurance coverage. One firm rule is that the insurance company must always be notified when the number of drivers in a household changes. A recent decision of the Illinois courts shows the...more
Most folks feel that they should always have an insurance coverage up their sleeve to shield them from any possible accident in the future. Many of them are somewhat paranoid with the many things happening around them, so they ensure that they get...more
The life insurance policy acts as a security for a person by insuring his life. This way his family would have financial support after his death. These policies are advantageous to trade as well as other economic activities also. Many job...more