Fraud Investigation and The Cost of Insurance FraudFraudulent insurance claims amount to of 1.9bn a year and adds an average of 44 to the annual cost that policyholders face.Extra charges that insurers believe that people should not have to pay for and as a result they are making the investigation of fraud a priority.Here are a couple of examples of the type of insurance scams that are making the headlines.Crash for Cash Car AccidentsReported...more
There's nothing exciting, interesting or thrilling about insuring one's car and many of you will definitely agree with that. And taking into account the place you live in it can either be a small piece or a big chunk of your family budget. The most frequently asked question about vehicle insurance is probably the one about the amount of coverage that should be included. Any professional insurance agent will recommend you getting as much coverage...more
People are creatures that usually need to know answers for everything. They get a service and cant help wondering if they really did need what they requested. When you are about to get insured you think: Do I really need it? Can I escape it somehow and make sure I am totally fine?Yes you do need insurance when you are involved in business. And No you cant no have any guarantees without it.There are a couple of rumors that one can come across while finding out about business insurance. Let us reveal the truth and talk about these moments that bring misconceptions into peoples lives.Before we start we feel like we need to say the following insurance is of a vital importance when you are an entrepreneur. There are certain mistakes that no one can predict and it is better to beware of them and know someone will be there when life gets tough.Do not ever think that your business cant be touched. It is possible that somebody might want to take you to court. It can happen to absolutely anybody. Even if your business doesnt bring you lots of money it wont change a thing. Money judgment can be rendered against you. Wages can be easily garnished and the equipment can be sold even if...more
Ever since the process of structured insurance settlement has went online, the whole process has become more robust and transparent. This benefits sellers the most needing urgent cash to meet tight situations. On the other hand, this has made buyers to offer quotes that are more competitive to outdo their counterparts. All this has...more
It is needless to discuss the necessity of health insurance plans because health insurance has become a bare necessity of our life. Health insurance policies cover our health emergencies; however, some area of treatment or reimbursement of the treatment is not covered by the general health insurance plans. In California health insurance plans are...more
Medigap insurance plans are in general available in 12 plans but all these plans, subject to state and Federal Laws, are not available in all US states. However, while talking about Medigap insurance plans available in California we need to know the basic Medigap plans available here. Medigap California is available in 10 different plans and these are denoted by A to J, in alphabetical order. Under each of the alphabets a different Medigap benefits are available for residents of California. Lets have a look on the individual plan coverage.Medigap California plan A is the basic Medigap insurance plan.Plan B covers basic health care benefits, and additional supplemental coverage related to Medicare Part-A hospital deductibles.Medigap C plan covers Plan B coverage and additionally offers supplemental coverage for customers as per scheduled nursing home facility co-insurance of Plan-A, deductible of Part-B, and health care coverage during foreign travel emergency.Medigap California plan D covers basic benefits, Medicare Part A included supplemental coverage; in addition to these basic benefits plan D covers health coverage during abroad travel and recovery coverage expenses...more
Though the car insurance policies are declared most important documents for the owner of a car or for its driver, the awareness level of the people has crossed the satisfaction level. There are many reasons behind it. The towering cost...more
Apart from the car insurance policies, people are also interested in two-wheeler insurance today. These bikes are the choice of the new generation. These automobile vehicles are known for their speed and better fuel consumption. Due to...more
The easiest way of covering a number of different vehicles is by taking out comprehensive fleet insurance. Many people will disregard this type of cover without even looking into it because they are under the impression that it is only for very...more
A quick look at a Solar company who will be followed by ThinkEquity in San Francisco, these guys are Technology guys and have expanded their coverage to GreenTech which includes Solar (a smart move). Colin makes mention of enhancing...more
Vietnam Insurance Industry 1H10Vietnam: Insurance covers the Asia Pacific insurance, transformation of insurance sector in Vietnam, Vietnam insurance law, performance of insurance industry in Vietnam and regulatory issues. It also covers the market...more
Insurance premiums can take a bite out of the family budget. Unfortunately paying for insurance is one of those necessary expenses that cannot be avoided. Car insurance premiums can cost a family several thousand dollars per year,...more