Bad Faith Insurance Claims When we make insurance premium payments every month or quarter, we do so believing that the insurance company will be there for us, and act in "good faith," when we need them. Unfortunately, instances of "bad faith insurance" happen all too frequently. This can occur when an insurance provider does not provide the promised coverage for a valid insurance claim. It is against the law for an insurance company to act...more
Engineers Insurance – Weir Group Faces Fines It will be interesting to see if Scotland's Weir Group will call upon their Engineers insurance polices as they face fines after admitting they had breached UN sanctions by doing business with Iraq over ten years ago.This kind of incident always raises issues about how far engineers insurance polices can cope with some incidents and also demonstrates the difficulty of international business,...more
Without beating around bush, getting straight to the point, people in need of mortgage protection insurance can identify themselves as the one who need it or not if they answer the below-mentioned questions. Q1. Are you self-employed?Q2. Do you receive substantial compensation from your business or employer in case if has become unable to work?Q3. Lastly, do you have any health plan or an ill-health pension protection plan on your name?If the answer to these questions is mostly 'NO', then there lies a severe repercussion in waiting for you. Remember, the prospective buyer should be a full-time worker or be self-employed so that he/she can get consistent benefits of income protection insurance. But before you do anything else. It is important for you take this opportunity to maximize the benefits that you can get from price comparison portals. Hence, it is in your favour to Compare income protection insurance rates from different providers at the same place. This will help you in reviewing and developing understanding of the insurance policy that you are looking for so that you choose the policy that meets your set of requirements. Remember, most of these policies also cover people...more
Protection Insurance is Key to Sound Financial Planning When financial experts speak it always makes sense to listen, so with 94% of independent financial advisers – according to a survey conducted by Scottish Provident – believing that having protection policies in place is "essential" for borrowers to have as part of their overall...more
Hedge Fund E&O Insurance -- If You Don't Get Anything Else There's a lot to be said for being prepared. Making sure that you've dotted your "i"s and crossed your "t"s can save you from a world of trouble in many things, including hedge fund management. However, what many hedge fund managers and companies are learning now -- to their...more
Worth The Cost Of Loan Payment Protection Insurance Nowadays, every time you apply for a loan you will most likely be offered payment protection insurance. If you are taking out a particularly large loan, the idea may seem very attractive. These insurance policies will take over repayments on your loans in the event of losing your job or being involved in a medical emergency. But what are the true costs and benefits of this type of? Given that over a billion pounds is spent in Britain on this kind of insurance annually, it is worth asking yourself. The Cost Of InsuranceThe fact of the matter is that the lending industry has become more and more competitive in recent years. With interest rates getting lower and lower, lenders have sought to find out ways of increasing their returns. One of the ways they have come up with is to offer various additional products that accompany the loan, such as payment protection insurance. What may come as a surprise is that payment protection can often cost as much as the loan interest repayments. The payment protection repayments can, incredibly, effectively double the cost of the loan. With such startling consequences, it is imperative that...more
A Captive Insurance Company Can Save Your Company A Lot Of Money More and more businesses are turning to captive insurance companies; some of the businesses that are switching are: professional services, retail, transport, construction,...more
The web world is so vast that you must get the best online deals to say that your e-shopping experience was a success. There are millions of websites for the same product or service. Imagine the competition they have! That's why they offer a range of...more
Insure your Wedding in good time! With the continuing threat of more snow and icy conditions forecast, Dreamsaver Wedding Insurance has received several enquiries regarding cover for cancellation of weddings due to adverse weather.Section 1 of...more
Segregated Funds: Canada's Unique Insurance Option Canadians across the country are inquiring more and more about savings plans and mutual fund alternatives. Many look to RRSPs and TFSAs, but have you considered the unique option of a...more
Keeping your claim coverage "in-tact" after a storm Please use this reference and validation document as a guide and checklist to make sure the proper steps are taken and even the simplest procedures followed after any type of...more
Although there are numerous insurers out there claiming to be the cheapest insurance company, in reality that just isn't true. Inexpensive quality insurance only comes available by comparing numerous quotes from different companies. The cheapest...more