Posted by admin on Nov 07, 2009
Doncaster council workers delivery food by boat during the floods of 2007. Photograph: John Giles/PA
Flood victims continue to face spiralling costs for home insurance as excesses for flood cover rise to levels that are making their properties virtually impossible to sell.
Many have invested thousands to protect their homes from flooding, but these efforts are rarely rewarded by insurers.
“People are coming to us with huge premiums and flood excesses of up to £30,000, which is as good as having no insurance at all and makes their property virtually worthless,” says Mary Dhonau, chief executive of the National Flood Forum, a charity that advises flood victims.
Read all post…
Posted by admin on Nov 07, 2009
When you apply for life insurance, expect that your potential insurance provider will require you to undergo some medical exam performed by a licensed health professional. The insurance company will order this on your behalf and you will receive a call to schedule the appointment.
Remember that the outcome of the exam will significantly affect your application. So for you to obtain the most favorable results, you must prepare yourself at least a day before. Take into account the following tips below as this will help you lower your risk rating and thus lower the cost of your Term Life Insurance.
1.
Read all post…
Posted by admin on Nov 06, 2009
A New Jersey hospital is offering a set of defensive driving courses to area residents to help curb the rising costs of auto insurance rates. Along with AARP and the New Jersey Motor Vehicle Commission, Meadowlands Hospital Medical Center is providing a two-day event to help lower rates for drivers.
About the Event
On Nov. 17 and 18 from 10 a.m. to 3 p.m., the hospital will be hosting the defensive driving courses. Those who participate in both sessions will qualify for a two-point reduction on their driving record, as well as receive a discount on their auto insurance for three years.
Read all post…
Posted by admin on Nov 06, 2009
Beazley has described its trading performance in the first nine months of 2009 as “good”.
The Lloyds insurer says underwriting conditions have been favourable with rate increases averaging 4% across its portfolio.
Written premiums grew by 45% over the equivalent period in 2008, to £861.9 million, the rise driven by acquisitions, organic growth and the devaluation of sterling against the US dollar.
Catastrophe lines of business, in particular reinsurance, US commercial property and offshore energy, saw large rate rise in the nine months to the end of September, averaging 9%, 10% and 31% respectively.
The group has also seen “favourable claims developments” in its marine and reinsurance businesses where its has been able to continue to make substantial reserve releases.
Read all post…
Posted by admin on Nov 04, 2009
When planning a trip abroad, people usually forget about the most important thing to prepare – travel life insurance. There are various kinds of trip insurance; this includes medical, trip protection and others. As for the travel life insurance, the two most common types are called Accidental Death and Dismemberment (AD&D) Insurance and International Life Insurance (ILI).
1.
Read all post…
Posted by admin on Nov 04, 2009
Dealing with the high costs associated with health care can be difficult for retirees. According to recent research conducted by the Center for Retirement Research at Boston College, 60 percent of retirees will likely be unable to maintain the lifestyle they were accustomed to before retirement due to rising health care costs. With Baby Boomers reaching retirement age at a rate of 10,000 per day, experts predict that the senior population will double in coming decades. This means even more seniors will require necessary information about ways to finance their health insurance.
The Problems Retirees Encounter with Health Insurance
When workers reach retirement age, many have a difficult time keeping up with costs associated with health care.
Read all post…
Posted by admin on Nov 03, 2009
A variable universal life insurance policy is the combination a variable and universal life insurance policy and gives its policyholders flexible premiums and the possibility to increase their death benefit. The death benefit your beneficiaries receive is dependent on whether or not you made a good investment. The right investment could lead to your life insurance policy increasing significantly in value and leave your beneficiaries with a good amount of money to help them financially after your passing. Variable universal life insurance policies also allow you to withdrawal or borrow money from your death benefit while you are still alive.
Read all post…
