In a world filled with uncertainty there are plenty of insurance plans available. There appears to be some thing to cover just about anything in almost any situation. It is important that every person and each business ensures that they have the right kind of insurance in position as early on as you possibly can. You will never know when things are going to go wrong and you need that additional little bit of cash to recover from some type of...more
Running a manufacturing operation is often difficult work. There are client deadlines to consider, and employees may have to work long, hard hours to meet those deadlines. An employer relies on their manufacturers insurance to handle pertinent issues that arise, and on the occasion that an employee is injured while performing their duties, workers compensation insurance. What helps to enrich workers comp is an effective return to work program,...more
Anyone living in areas prone to flooding knows how devastating a major storm can be. Most insurance companies can provide coverage via the National Flood Insurance Program (NFIP). Many policyholders do not actually know what is and what is not covered by the insurance policy. Many sign contracts and begin processes such as damage mitigation and structural repair without this vital information.Safeguarding valuable documents, such as the policy itselfDuring a flood, important documents are likely to become damaged and the policy itself may be lost or can get destroyed. One way for a homeowner or renter to secure their insurance policies pre-disaster is to store a copy outside of the home, in a safe deposit box, or with a relative. Using today's technology, scanning the policy and storing it electronically (on a USB or thumb-drive) is convenient. Regardless, after a disaster the policyholder should request a complete copy of the policy from the carrier or agent, making sure to fully understand all of the rights and obligations contained therein.Costs to rebuild older homes may drastically affect homeownersOlder homes may warrant the need for an insurance upgrade. However this code...more
In a nation such as South Africa there are a lot of new businesses starting up on a daily basis. People are unable to find work in other companies and so begin their very own in an attempt to earn an income. There's nothing wrong with this in concept. There is a problem with getting the right company insurance coverage in place though. Not every...more
There are so many different kinds of insurance out there that it can be a challenge to determine what type of personal insurance plans you should be thinking about taking out. It is obvious that nearly everyone in the world must have life insurance coverage, however what about things like disability or critical illness insurance? They are also...more
Sri Lanka Insurance Industry is witnessing a strong growth since past few years. Dominated by general insurance segment, the total Gross Written Premium (GWP) in the country increased by 18% in 2011 compared to the previous year. In the coming years, the industry is further expected to touch the pinnacle of success with ever-growing life insurance penetration, emergence of online insurance services, and rising foreign investment in the industry. Taking into account all these favorable factors, the GWP of insurance companies in Sri Lanka is expected to grow at a CAGR of around 21% during 2012-2015. Research Analysis and HighlightsThe report, Sri Lankan Insurance Industry Analysis, by RNCOS spread across 80 pages covers all the key aspects that depict the complete picture of the insurance industry of Sri Lanka. It offers an in-depth analysis of market performance of insurance by segments covering the long-term insurance and general insurance market. It also drills into general insurance segments including Fire, Marine, Motor & Miscellaneous insurance along with their future forecast. In addition to that, the report also covers the market performance by insurance companies.Our...more
There will be a time in your life when you will pass away or will have to deal with the stress of having a family member pass away. Hopefully, when either of these things happens there's a funeral coverage to fall back on and all you or your loved...more
If you are planning on skiing or snowboarding during your winter vacation, make sure that you have adventure holiday insurance. The insurance package will let you enjoy winter sports and activities without having to think of emergency assistance and...more
Funeral insurance and other prepaid funeral plans are regularly sprayed on TV. Ensure that your family does not suffer a financial burden in the case of your death is of course a good idea, after the retirement warns clients to be very careful before...more
If you are a property owner who is looking to sell or refinance your home, then you need to make sure that you are aware of some things regarding your title insurance policy. If you are not familiar with what that policy is, it is a document that...more
Bad faith practices start to become mainstream problems, rather than isolated cases like in the past. More and more insurance companies tend to act in bad faith by minimizing or denying the claims of policy holders and adding large sums of money to...more
Insurance premium is the amount that policy owners have to pay in order to obtain guaranteed coverage from the insurance company. Premiums are computed based on the factors related to the product and the level of risk of the applicant. The sum of...more