Many if not all loan seekers might be concerned about what they would do should they become unable to work because of injury, illness or if their position at your place of employment becomes redundant. There is actually something called PPI which was instituted for these situations.The abbreviation PPI is short for Payment Protection Insurance. This kind of insurance was established to help cover the repayment of bills such as a mortgage loan,...more
The Motor Trade industry is one of the busiest industries in the UK. As motor trading is always conducted, motor trade insurance is a must.The insurance protects motor traders whether their business is done at home or from a business premises. Whatever field you work in, be it luxury sports cars or vintage cars, there will be a policy suitable for you. Like with other policy's, payments can be made monthly or you can pay the full amount off at...more
It is not just cars that must be insured on British roads, every type of motor vehicle is required by law, to have at least third party insurance.This includes Lorries and Heavy Goods Vehicles (HGVs), which are typically used for business or commercial purposes. A lorry or HGV drivers licence is an upgrade of a traditional driver's licence and whilst drivers may be insured to drive their own car, they need separate lorry or haulage insurance. Lorry and haulage insurance is offered as a specialised policy and there are many types to choose from. From a business point of view it is essential a policy is chosen that offers suitable cover for employees and any goods or equipment they carry. Be sure to check the wording of the policy carefully, as some third party policies do not insure stock or equipment that is being transported on behalf of a client.Policy owners cannot employ people who have been disqualified from driving within the past five years. If they have been disqualified for a period outside of the five year bracket, then there is no problem for policy owners to hire them.Where possible, opt for a comprehensive insurance policy. It might be more expensive, but it will not...more
Takeaways can face insurance claims for many different reasons, hence the reason that most have a valid takeaway insurance policy in force. There are various different policies available, many that offer the same skeleton or basic cover. The main denominator between the insurers is, as with most products, price. But, this is no, and should not be...more
Income protection insurance, also often called income insurance, pays up to 75% of your income when you suffer from an accident or illness. It helps protect your livelihood, allowing you to pay for bills and living expenses while you focus on recovery.This type of cover is especially important for families where there is one main breadwinner. It is...more
Both terms, trauma insurance and trauma cover, are used interchangeably in Australia. As the word 'trauma' suggests, this type of cover offers financial protection should a serious accident or illness befall you.Trauma cover is suitable for both single people and couples. As you may already know, disease and illness do not discriminate. It is probably even more important for single people who do not have a partner's income to rely upon during hard times.It pays a lump sum to the person insured in the event that they suffer from a disease or condition as defined in their product disclosure statement (PDS).Each life insurance company in Australia has different conditions listed under their policy. However there are four main conditions which are typically covered by most life insurance companies including heart disease, heart attack, stroke and cancer. It should be noted that each life insurance company will have different definitions outlined in their PDS, so be sure to read and understand the policy information before buying trauma cover.What is the best trauma insurance?As with other types of personal insurance, this cover should also be considered when purchasing life insurance....more
I recently started a business and had to get liability insurance to ensure I was covered if I wanted to get the Australian government contract I was after. I like the internet and use it to search and buy many things including insurance, but trying...more
Funeral> is a great product that has only become widely available in Australia during the last 5 years. Prior to that, there was only one or two companies in the market offering funeral cover and it was expensive and not really worth it. Now there...more
The internet today is the most vast source of information. Information is almost commoditized, the only important thing being that one should know what to search for. The greatest role of the internet has been in removing information asymmetry,...more
Insurance for a motorbike in the UK is required by law. If you are about to invest in such a bike then you must be certain you can meet the monthly premium payments. The type of bike you buy is going to affect your premiums.Most motorbike...more
Where to Find the Best Motor Insurance for You One vital thing to get after getting a motorcycle would be motor insurance. Make sure you take some time off to research any options available to you first, though, so you can get the best insurance...more
Surely, you want to get a good insurance company. Many think they are with a good company, until they get into an accident and find that their company really is not as good as they thought it was. This is usually because they did not do the proper...more