Bright Grey has announced that it paid out 98 per cent of life insurance claims in the first six months of 2010. The figures reveal a two per cent improvement on last year, and show that the average life insurance pay out was £77,000. Kevin Stevens, head of sales at Bright Grey had this to say about Bright Grey life insurance’s improved payout rate: “We’re aware that there’s more to recommending a provider than the payout. Another big consideration is the level of service claimants receive. Advisers need to be confident that the provider they recommend will treat claimants with care and compassion at a very difficult time. “Traditionally people have thought of life cover only as a commodity product. Read more…
If you are thinking about starting infertility treatments and you live in Connecticut, you are in the right place. Connecticut is one of the few states that have laws in placed requiring insurance policies to cover infertility treatments. So if you have health insurance in the state of Connecticut , chances are your policy will cover your treatments. This is a huge step for the infertility industry as no insurance companies used to cover this sort of treatment, calling it “elective treatment”. Many families who live in Connecticut may not even be aware that their insurance will cover this sort of thing. This is why reading your entire policy is a good idea. It Read more…
Specialist home insurer Hiscox has commissioned research which reveals that homeowners are exposing themselves by leaving valuable sports equipment, unsecured, in gardens and garages.
The goods, with an average value of £770, are left in gardens and car boots by 53% of the professionals surveyed.
More than a quarter (26%) also admitted that their gardens and outbuildings were not properly secured.
Two out of every five either do use their sporting equipment only seasonally (21%) or have not touched it for a year (19%).
Over a third (37%) are unsure whether or not their sporting goods are insured, and 15% acknowledge that they are not.
Hiscox home insurance expert Austyn Tusler explained that it was easy for homeowners to focus upon newer sports equipment, and neglect the less used, older goods at the back of sheds and garages.
Drivers have upped the ante when it comes to car insurance fraud by trying to pass off old damage or normal wear and tear as part of a genuine insurance claims, according to online car insurance provider Swiftcover.com. In an attempt to get their car insurance provider to pay for the costs of normal wear and tear or damage that occurred some time ago along with a claim for more recent damage, a number of drivers are trying the ‘two for one’ tactic, the insurer has said. Swiftcover.com believes that some false claims are a result of genuine misconception, a lack of understanding among some drivers of what car insurance covers, but others are out to get what they can. Read more…
The primary thing that you must do subsequent to buying the dream bike that you have been longing for is to get it insured and all the more, it is best if you are able to locate a cheap bike insurance. The bike insurance generally covers the actual motorcycle as well as the driver, and other motorists along with pedestrians, if comprehensive insurance is preferred.
Here are a number of advantages of having Motorbike Insurance:
Individual Accountability: In the insurance agreement, except the insurance coverage of your bike the insurance also includes the accidental damages caused to another person or someone else’s property. Read more…
Almost a third of new mortgages do not have life insurance associated with them, new research from Defaqto has revealed. The financial research company has highlighted the risk of taking on debts such as mortgages without having sufficient protection in place should something happen to the borrower, leaving their family to repay the debt. The report points to figures from the Association of British Insurers from 2009 which show that 363,973 new mortgage-related life insurance policies were written, whereas the Council of Mortgage Lenders recorded a comparatively high 925,000 new mortgage advances for the same period. Read more…
