Incapacity Income insurance is one thing that almost all young professionals never suppose about. It's difficult for many young folks to perceive the requirement for Incapacity insurance as a result of the thought of becoming disabled almost seems unrealistic. It will happen however, and in step with Social Security Quick Facts, 3 in 10 young employees can become seriously disabled before retirement.As an attorney "to-be", you've got a lot of...more
Czech Republic Insurance Market Intelligence "The Czech insurance industry has been growing at a notable pace since the early nineties, mainly because of government reforms, increasing income, and household expenditure in non-food categories, demand for investment-linked products and improved sales channel (bancassurance). Despite the slowdown of domestic economy in 2008, the insurance sector recorded growth, particularly on account of the number...more
Croatia Insurance Market Intelligence "The insurance market of Croatia has been growing strongly since the last few years. The industry is mainly thriving as a result of the notable performance of the life insurance segment as well as the contribution of third party motor insurance. The insurance portfolio of Croatia is different from that of the EU states. The reason behind this is that the insurance sector is dominated by non-life insurance segment in Croatia and the lack of confidence in the majority of its population in the life insurance segment. This trend has taken shape as a result of hyperinflation from the beginning of 1990s, as well as to a large share of compulsory insurance in total non-life insurance portfolio. Rising health concerns among aging population, increasing interest of young population in the new premium products, intensive development of the bank-assurance and unit linked products are some of the important factors to drive the growth of the Croatian insurance market.The insurance market of Croatia is dominated by the non-life segment, while the life segment represents only a small percentage of the insurance market, despite a faster growth rate as compared...more
Bulgaria Insurance Market Intelligence "The insurance industry of Bulgaria is very small and fragmented in structure as compared with the larger European Union economies. In the coming three to four years, the Bulgarian insurance market is expected to witness a continual growth, on account of increasing wealth. Factors including strong economy,...more
Lebanon Insurance Market Intelligence "Lebanon's insurance sector is more significant economically, more advanced, and more innovative than those of its Arab neighbors. Also, the insurance sector is open and liberal supported by the free market economy. Private players hold the lead with highest shares as there is less government intervention. The...more
Egypt Insurance Market Intelligence "Egypt is one of the few countries globally which have the lowest per capita expenditure on insurance. However, its insurance market has witnessed growth in premiums, mainly on account of improved productivity of the sector as well as strong economic growth and the initiation of several major infrastructure projects. Along with the above factors, the government reforms and legislations have also supported the insurance sector and made it lucrative for both domestic and foreign private players, resulting in expansion of customer base (increasing premium and investment). Expanding national economy, growing demand for automobiles, new employment opportunities and increased household consumption and investment, have also boosted the growth of the industry. Despite huge opportunities, Egypts insurance market remains under-developed, because of low awareness, particularly among the poor and middle-class population of the country.The non-life insurance segment of the market holds a stronger position as compared to the life segment, on account of an increase in demand for motor, accident, and health products. Nevertheless, in the last two years, the life...more
Austria Insurance Market Intelligence "The Austrian insurance market is one of the most developed markets in Continental Europe, because of the high risk awareness (natural perils) and the resultant demand for coverage among the population. Moreover,...more
Switzerland Insurance Market Intelligence "Switzerland has a long-established and well-developed insurance industry and is one of the leading insurance centers in the world. It ranks among the top five countries in the world, in terms of per capita...more
However, in the beginning the premiums are high. There are very limited amount of organizations which provide these services. Therefore, a person must go to an insurance advisor and ask for the best insurance providing company and also about the type...more
When a motorist has their license suspended or revoked due to high risk actions, such as driving under the influence, reckless driving, failure to carry proper insurance, or automotive accidents, it almost certainly hinders their ability to purchase...more
Funeral insurance is a type of personal cover which provides your loved ones with a lump sum payment after you pass away. These funds are typically used to pay for funeral and burial costs; however there is no rule that dictates how the lump sum of...more
Insurance - A Working Example - Part I By: Willis J. Watson About the Author Willis J. Watson is a freelance writer since 2006, living in United States and he writes about he enjoys the most...insurance policies. If you want to...more