Latest announcement released through the Financial Services Authority (FSA), has expressed that the numbers of complaints being reported is still rising even with all of the unfavorable publicity and also new restrictions in position inside the UK. Statistics are showing that PPI claims could potentially ascend by at least 500,000 each year for around 5 more years.There are two new regulations that are being instituted currently by the FSA which...more
When you purchase an ipod or a blackberry you most likely told yourself that you would have to treat the device with proper respect and care. You probably were very cautious in the first few weeks after you purchased one of these items to ensure that you did not cause any type of damage to your unit. You did this because the cost of the item was so steep, that you knew you had to take care of the unit to avoid paying costly repair fees.In the...more
If you are trying to find out what kind policies are needed to insure construction projects, as well as to know what kind of risks need to be covered by insurance policies, this is the article for you. An insurance underwriter, to be able to assess a risk, needs to have a full and complete description of both the project and the works. Also, method of construction to be used, location of the site including geographical and topographical conditions of the site proposed.Additionally, they will also need to know the schedule for the project, inspect the blueprints, and gauge the contractor's experience in this type of construction. It is accepted that contractors face exposure to damage to the works which are referred to as Material Damage. There are a wide range of policies in place to protect against these damages.Contractors Plant and Machinery All Risks, Erection All Risk, Contractors All Risk, and Civil Engineering Completed Risks are some of the kinds of policies that cover the Material Damage that contractors face. It's also possible that one will have to compensate third parties for claims made in regard to property damage or personal injury due to conditions of the...more
Toronto, one of Canada's financial and entertainment hubs, is a city bustling with activity and professional opportunities. The chances for financial security are pretty high, provided you avail of the most ideal form of risk management for businesses - commercial insurance. This way, your assets are protected from a lot of unfavorable...more
Health care is at the forefront of the major issues confronting the American people. It is brought up in every newspaper issued and basis for discussion of many talk shows on television. Rising health care costs are making it difficult for people to provide coverage for themselves and their families. The group that struggle the most is the working...more
Is trust enough to render professional indemnity insurance irrelevant? Hmm... Maybe you're an individual freelancer. Maybe you run your own professional consultancy. Either way, the fact that you're in business as an expert in your field must mean that you have clients who trust you. And for as long as your clients provide you with work and pay your invoices, then you trust them.So what's the problem? Why would you need professional indemnity? What could go wrong? You could make a mistake. That's what could go wrong. Of course everybody makes mistakes from time to time, particularly when under pressure. And typically, those mistakes are quickly identified and easily rectified. But sometimes they're not. And sometimes they can have far-reaching financial consequences. Which is precisely when indemnity insurance becomes so important. An IT Consultant's mistake might result in a revenue-critical system failing to work. An Engineering Consultant's mistake might result in a costly delay to a large infrastructure project. A Marketing Consultant's mistake might result in damage to a valuable brand. In situations like these, issues of trust don't count for very much. The...more
Those who are involved in worker's compensation know that the system has problems and fingers are pointed at different people. Employees, employers, and insurance companies are accused of fraud. The California Department of Insurance always goes...more
According to one survey, 48 million people are not insured in the USA and insurance is an amendment or policy that gives protection against an undesirable event or risk and it ensures that we are protected from financial loss or harm....more
Obtaining insurance leads is the first step to selling policies and running a profitable insurance business. Getting insurance leads takes practice and patience. And once you have new insurance leads, you still have to close the...more
Neasham Insurance - Glenn Neasham FinancialA bank aggregates the activities of many borrowers and lenders. A bank accepts deposits from lenders, on which it pays the interest. The bank then lends these deposits to borrowers. Banks allow...more
In the small financial schemes, you can get the money quickly. Since, the amount is small; the lender can issue money without any hurdle. He can rely on you. The lender is assured of his money. The lender is not bothered of the safety for this money....more
If age equals experience, I am now of the age when I feel old enough to tell people about the shortcomings of my younger years. I am an avid motorcyclist. I have been since the age of 12 when my father first introduced me to a Honda 150cc...more