Posted by admin on February 19, 2010
Sterling Insurance has launched a new commercial product available at fixed rates for three years, for selected clients.
Twelve months in its development, the Executive Business policy claims a number of innovative features such as crisis containment and covering the cost of PR professionals to mitigate reputational damage.
The policy also provides “lotto win” cover that pays out for recruitment and training costs should a number of employees resign as a result of a substantial lottery win.
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Posted by admin on February 18, 2010
Boiler insurance is frequently failing to deliver a decent service, says the financial watchdog. Photograph: Isopress/Rex Features
Insurance companies that provide cover in the event of a boiler breaking down are frequently failing to take swift action, leaving householders without heating for weeks on end in some cases and inadequately compensating them in others, according to the Financial Ombudsman Service (FOS).
The FOS published its insight into recent insurance complaints was published today, and said it has seen a “significant number” of claims involving domestic and plumbing and heating emergencies.
“While many insurers respond promptly and sympathetically to claims involving domestic emergencies, the cases we see suggest that some insurers fail to appreciate the extent to which delays on their part can create real difficulties for consumers.”
In a number of the cases it cited, it ruled that insurance companies were not paying out enough for the distress and inconvenience caused by a broken down boiler.
In one case, a boiler belonging to “Mr and Mrs M” broke down three days before Christmas.
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Posted by admin on February 18, 2010
All of us want to have a secured future for ourselves and our family. That’s the very reason why we work so hard, to earn income for our daily expenses and to put some into good investments. Now the question is have you found the right thing to invest to? If not, here’s a good suggestion: why not acquire for a retirement annuity?
A retirement annuity will not only provide you a steady stream of income to fill in your social security and take care of your trips but it can also give you more savings. If you invest in a retirement annuity, your money is tax sheltered until you get rid of it. Tha
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Posted by admin on February 18, 2010
In a recent report, Pennsylvania Insurance Department announced that the premiums for people on the waiting list to purchase the adultBasic state health insurance will double soon. The agency said that this need to increase the rates is based on the higher medical service use, escalating health care costs, and limited state funding.
“If we didn’t adjust the adultBasic premium and benefit package, a portion of individuals enrolled in the program would have lost coverage,” Insurance Commissioner Joel Ario said. “People who come to adultBasic have been without coverage and so are generally in need of costly care.”
Currently, there are 369,112 Pennsylvanians on the waiting list for adultBasic coverage. That’s mo
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Posted by admin on February 18, 2010
According to theAmerican Society of Plastic Surgeons, in 2008, 12.1 million Americans got cosmetic procedures such as Botox, microdermabrasion, implants of all kinds and facelifts.If you are considering jumping on the plastic surgery bandwagon, do not count on your health insurance provider to foot the bill.
If it is your choice, cosmetic surgery will be an out of pocket expense.
The laws defining health insurance coverage varies from state to state. Additionally, individual insurance companies determine their policies regarding covered medical procedures.
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Posted by admin on February 16, 2010
Comparing various car insurance quotes is crucial if you need auto insurance that is affordable yet provides the best coverage. While your prime objective is to get the best possible rates, it is not always a good idea to select the lowest rates for car insurance. This is because the most inexpensive quote may end up costing you a lot of money in the future. However, what are the most important things that you need to look for every time you are comparing quotes from various carriers? When comparing rates for car Insurance, you need to look for these factors:
The Reputation Of The Company: If you purchase car insurance from a trusted company, you are bound to have lesser problems once you file a claim.
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Posted by admin on February 15, 2010
International specialty property/casualty insurer and reinsurer Catlin Group Limited has announced it is expanding its activities in Australia with the opening of a new office in Melbourne.
Rory Morison will head up the new office, leaving the firm’s London office where he worked as casualty underwriter.
To begin with the new Melbourne office will specialise in General Liability and General Aviation insurance, as well as acting as a contact point for the other forms of insurance Catlin underwrites from its office in Sydney.
Catlin Australia Director Andrew Case has welcomed the second office opening, stating it underlined the firm’s commitment to providing Australian policyholders and brokers with high quality service.
In the latter half of 2009 Catlin expanded its presence in Italy, opening a second office located in Rome.