Cash Back Insurance

False claims pushing up costs

I bet any money that your car insurance is going up this year, right? Even all those insurance comparison websites couldn’t help you out much either, could they? Those meerkats and that fat, annoying opera guy don’t know what they’re taking about! I suggest a career change might be in order; I could see little Sergei working in IT developing online recruitment software, can’t you? The problem is that insurance companies, who have to turn a profit for their shareholders, are forced to push up prices because the UK is becoming a much litigious country. In other words, whereas before people would say “Well, it was just an accident, no point in making a fuss” now if they’re involved in a car crash the first worlds out of their mouth are usually “Ow, my neck. I think I have whiplash”. Last year the car insurance industry paid out over £2 billion for injuries like that caused by collisions; bet you can see now why your premium has gone up by so much!

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Investment Insurance?!

I might be the only one confused or simply the only one confused enough to consider this, but seriously, if I am making an investment with a bank, why do I need to insure my investment? Why paying to get something out of my money should the bank collapse? Am I not already giving the bank enough money for a banking investment and aren’t day giving me a guarantee that they will manage my money well? Before making the investment, they present me with so many data management tools that would help my investment and once I am ready and hooked up to the idea, they tell me there is a risk and I need to pay more to insure the financial packages I am buying!

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Adequate Life Insurance – A Must

I recently met a person who was trying to convince a potential life insurance client to go in for a very good policy. However, the potential customer rejected the idea because he did not find the rate of return attractive enough. I feel that this obsession with the rate of return and the tendency to treat insurance as an investment is going to create a lot of problems.

If you want to create assets, why don’t you buy designer jewellery More

ECJ Insurance Ruling

The UK has been generally known for being a country quite restrictive on the insurance policies for young drivers of different gender. This has also been the focus of a case in the European Court of Justice during March, the decision of which is now being implemented by the relevant institutions. The court was considering a case brought up by a female driver that claimed that the insurance premiums paid by male and female drivers were discriminatory towards the latter. More

Can’t do without Medical Insurance

Insurance is needed for different types of events or assets. If you own a house then you need homeowner’s insurance and if you own a car then you can not drive without a car insurance. Some countries require health insurance as well. In America the health care reform bill included this mandate but it is still hotly contested. If you are required to have medical insurance it means you can either get a plan of your own, purchase it from More

Holidays without hassle

A few of my friends tell me that they never bother with travel insurance as “they don’t see the point”. As someone who writes an insurance blog, works in insurance and has even been known to sell the odd policy, that kind of attitude scares me to death! These are probably the kind of people who wouldn’t buy car insurance if it wasn’t illegal – and leave the rest of us to foot the bill if they went around causing More

Simples!

Insurance adverts get a bad press these days; whether it’s the ubiquitous “Go Compare” opera singer or the karaoke tunes of the Glaswegian girl on “Confused.com” my boyfriend has a particular problem with insurance advertising. In fact, he has been known to groan with something akin to pain and storm from the room whenever he hears one of their jingles starting. I honestly think he’d rather talk about laser hair removal Asian skin or even go shopping than have to More

Teenage troubles

I understand why young people have to pay more for their car insurance; they’re inexperienced drivers and, unfortunately, the statistics show that they are far more likely to be involved in accidents that are due to their own driving mistakes, than people of other ages. But some insurance companies seem to be taking the attitude that they’d rather not insure young drivers at all and are making it so impossible for teenagers to find affordable cover that they are forced More

Top tips for your travel insurance

If you are looking for sound advice in regards to travel insurance, here is some information that will help you find value for money and avoid any pitfalls that you could encounter.

The most important point to remember is that you must be aware of what your travel insurance covers. Most companies include medical treatment, however factors such as cancelled flights, car theft while abroad or other events may not necessarily be included in your insurance package. Also, for people More

How to reduce you car insurance if you are a young driver

If you are a young driver then you are probably aware of the extortionate costs of car insurance for younger motorists. In fact, the average cost of comprehensive cover for men between the age of 17 and 22 is more than £2,000 in the UK - more than the cost of a year’s rent in some areas or the cost of laser hair removal asian skin in India.

The best means to reduce your level of premiums in the first More