Sep 16

Travel Insurance Guidelines To Help You Pick A Good Deal

Travel and uncertainties walk besides each other. Buying a life insurance, to some extent, is of great help when it comes to assuring you some sort of financial security if you meet an unfavourable condition. But when you are travelling to foreign destination, you need an insurance, which is specifically meant to protect you against all unfavourable conditions during your tour. A travel insurance fulfils all such requirements of availing some sort of security during your tour.

Among the several types of insurance policies meant specifically for your trip, it becomes difficult to choose the best one suitable for you. There are two types of Travel Insurance available in the UK. Single trip insurance covers the single trip, while the annual trip holiday insurance covers all your trips in a year. If you are not a frequent traveller, you should opt for a single trip insurance. Similarly, if you are a frequent traveller, you should buy a multi-trip or an annual trip holiday insurance.

Choosing a right insurance for your trips depends on various factors. Before you have finally signed the deal, you need to check the reliability of the insurance. Check whether the cover you are having through this insurance is appropriate to protect you. Most of the travel insurance will cover luggage theft, stolen cash and other belongings. It will even give you healthcare and legal assistance. Many of the insurance fetch 24 hr medical and legal assistance.

It is not that all insurance covering your trip will give you fool-proof security. Most of the Travel Insurance policies do not cover you if you are going for adventure trips, which include activities like skiing, scuba diving, trekking and forest exploration. To avail insurance benefits on such trips, you need to buy a specific insurance covering all such adventurous

Sep 15

Benefits Of Jewellery Insurance

Every household family in India carries gold and diamonds in form of jewellery or as a solid brick to make an investment. Probably apart from house, this is the second most precious thing in a family. Hence, to safeguard requires is Jewellery Insurance. Many people may take it as vague idea, but yes it not only gives safety but also helps in covering loss in event of any unfortunate circumstance. Jewellery insurance is not been covered by all insurance companies but a select few with the fine terms which needs to be read before declaring value and making jewellery insured.

The first and foremost benefit is of course the safety part. If a household carries jewellery worth Rs. 5 Lakh and a special occasion like marriage is due in family, its advisable to protect one from unforeseen circumstance by going in for jewellery insurance.

The process of obtaining insurance on jewellery starts with furnishing of invoice of the jewellery to the insurance company. The Insurance company then carries on valuation of jewellery by the empanelled jewellers. Once formalities done, the insurance company determine the Insured declared value. Next, comes reading and signing the declaration. Its vital to read the terms carefully as historically over 25% of the claims gets rejected in India due to faulty insurance policy or unawareness by signing on the consent form without reading the terms and conditions. It leads to not only loss in premium but also give one hassles and mental agony at the claim process. Its also advisable to take couple of snaps of the jewellery for your own record too while making them insured.

Do not follow with that insurance company which offers only the lowest premium but check the past track record in terms of claims and the service levels. Never get

Sep 14

Secure Your Future With An Instant Life Insurance Quote

A life insurance quote is the benefit and coverage promised to be given to a person who wishes to get insurance for him/her by paying a certain amount to premium. An instant life insurance quote mostly depends upon the individual for whom is policy is being taken for. There are many factor upon which the price quote to the policy depends on like age, sex, personal interest, smoker or non-smoker, married or unmarried, those have children or not, number of family members, etc. Thus, getting a right policy at the right price is very important.

Ask for quotes before you sign in for an insurance company

At present the economic market has become very competitive without different brands and companies coming up with same type of products. The scenario for the insurance industry is no different. There variation national and multinational insurance companies emerging in the economy market with more or less same type of product. Each insurance company has different price quotes for different policies. Though the policy takers can choose from a wide variety of insurance policies, but the same time it has become difficult for the customers to invest in a correct policy. Thus, it is important for a person to do a proper market survey before taking the decision of investing on an instant life insurance policy.

In today fast pace life where people do not have the time to spare even for themselves, it becomes difficult to get track of the price quotations of different insurance companies. Thanks to the technological development this problem to have been solved by the internet. Every insurance company came up with their official website where a person can have an access to all the information regarding the policies. Apart from getting information about different policies a person can also

Sep 14

Travel Insurance For Corporate Trip

Travel insurance for a corporate trip is a wise choice. There are certain discounts one can avail of with travel insurance policies offered by different insurance companies. But you need to find out which insurance policy fulfills your requirement.

While applying for corporate travel insurance, you should be aware of the reliability of your policy. Nowadays, the corporate travel insurance policy is one of the most economical ways to be safeguarded and secured while on a business trip. Corporate travel insurance is preferred in the business world as well as small and introductory business organizations.

What does a Corporate Travel Insurance policy offer?

Security & Safety
Extensive corporate travel insurance will provide security and safety in unexpected emergency medical evacuation. Travel insurance providers offer entitlement for evacuation to the home country and everything is insured under a single time premium payment. There is no need of monthly or yearly payment when purchasing the corporate travel insurance policy.

Repatriation and Funeral Services
A corporate travel insurance policy will offer repatriation of remains. If in case the traveler dies on foreign land, the insurance policy will cover funeral service costs or the costs required to repatriating the remains back to home country.

Dental expenses
A corporate travel insurance policy will also cover unexpected emergency with regards to dental expenses so you can conveniently combat the circumstance without paying out of your pocket.

Medical Facility
A corporate travel insurance policy will also offer medical service benefit in case of hospitalization caused by health issues or any accidental injuries. Confer with your insurance provider on the details of the hospital cash coverage and deals offered. Almost all travel insurance providers will not provide the travelers with the reparations and unfortunate occurrences caused as the consequence of Civil or Foreign

Sep 13

Why Health Insurance For Visitors Is A Must For Our Parents

If our parents get hurt or fall sick while visiting us in the US or Canada, can we afford to pay their medical prescriptions? Medical care in the United States of America is too expensive and even if our parents have an insurance coverage in their home land, they wont be covered during their USA visit. Instead of taking a risk with their health during foreign trip, health insurance for visitors can be used to meet their emergency medical requirements and escape huge bills.

Parent visitors medical insurance is a plan meant for short term travels. It provides protection to our parents in case they are not USA citizens and have come here on a short trip. We can certainly depend on a visitor health insurance plan to insure our parents against any unforeseen accident or disease during the foreign trip. The plan can be purchased for a month long journey and can even be renewed later. Parent visitors medical insurance is the right option for getting health coverage for our visiting parents for five days to two years time with flexible options of deductible and coverage benefits. Medical coverage benefits start from a minimum of $25,000 to a maximum of $100,000 or more so that we can have the best peace of mind even if our elderly relatives or parents are coming to visit us with limited cash. Premiums for this insurance are surprisingly low so that we can purchase it for the parents easily.

In the USA and Canada, its better to seek health insurance protection for our visitors and avoid paying more to emergency departments. Since private firms have great influence on the health care services offered, it often costs us more than other foreign countries. Due to their high cost, no local medical insurance providers in

Sep 12

Get Ready for Any Kind of Health Risks with USA Visitor Health Insurance

An American consumer group on emergency medical care survey has found that many American visitors face major financial crisis every year for not having visitor health insurance.

According to this survey, most of the USA visitors are not getting coverage from their local insurance plans during their American trip. The latest findings of this survey say that USA visitors get hospitalized for pre existing conditions every year and receive huge medical bills due to non availability of health insurance.

The low premium visitor care insurance plan is offered by insurance majors to support USA visitors in any emergency condition and help him/her recover fully. The main advantageous thing is that for hundreds of thousands of non USA citizens without any medical coverage, a simple visit USA insurance plan can provide significant coverage with an assurance of a healthy and long life. Many non American individuals and families have already invested in the short term USA visitors insurance plan and escaped paying huge medical bills to a hospital in case of emergency health care.

The survey found that visitors often have protection from their local insurance companies but are unable to get coverage due to pre existing health conditions. Others can’t afford to pay large premiums for getting insured in a badly affected global economy they don’t have enough cash to manage their house hold expenses and choose to continue with their local insurance plans in the face or growing expenses. And some of them have retired from their jobs and can’t even expect for getting international insurance coverage with their pensions.

There is a continuous rise in the number of USA visitors since 2005 and so, also their emergency treatment cost. The total expenses during their emergency situations is getting much higher than their expectation.

Sep 12

Dangerous Hobbies And Life Insurance

At the time you set up a life insurance policy you are required to provide a range of personal information. This will include details like your date of birth, smoking status, and health information, and will also include information on any dangerous hobbies that you have. The life insurance company will assess this information, and finalise the cost of your life insurance.

Often during this process, the insurance company will decide that they need to increase the cost of the life insurance. This will commonly occur if the applicant has health issues that increase the risk of him or her passing away. For example a person with a history of heart problems will usually be required to pay more for their life insurance. Its also common for hobbies or pastimes to result in higher premiums. In this case there are often steps you can take to make sure your cost is as low as possible. We will look at a couple.

First, its important to find out whether different life insurance companies would approach the pastime differently. For example life insurer A might increase costs for your pastime while life insurer B might increase costs less (or not at all). This is where a life insurance broker will come in handy as they can quickly and easily compare the different life insurance companies for you and confirm which has the best approach. Its quite common for life insurers to have different approaches, so this is well worth checking.

The next step is to make sure that the life insurance company adequately understands the pastime and the actual risk that it presents. In particular make sure that they understand the type of activity that you do, the safely precautions that you take, and the experience that you

Sep 11

Get A Reasonable Travel Insurance Plan

Get ready for all sorts of catastrophes, including delays and emergencies, when planning your trp. These events cannot be predicted and at times they cannot be prevented as well. Your only defense is good travel insurance, purchased before your travel of course.

Travel insurance makes sure you don’t go bankrupt when inadvertent events occur. Because medical demands are expensive, get travel insurance that can cover the costs. Travel insurance really assuages any fears you have about travelling abroad.

Variety and quantity describe travel insurance availability. Spend time only on those policies that offer the coverage you need for your trip. You know which policies will be helpful, and you should stick to these.

Because you don’t want to worry about losing luggage and that type of thing, you buy travel insurance. Have no fears while traveling abroad with appropriate travel insurance. Your travel intentions will determine what policy options you need.

You will realize there are only five overarching categories of insurance. These five cover any options you need. The five categories are single trip, multiple trip, backpacker, senior, and specialized travel insurance.

Our first impasse is single trip insurance. Single trip insurance offers the widest range of options. Policy options in this type can always be amended.

Annual or multiple trip insurance presents the second discussion. The advantage of this type is comprehensive coverage for a whole year. Put simply, for each and every trip you take in a year you are covered.

Backpacker vacation travel insurance is obviously for backpackers. It covers frequent fliers. It can cover a backpacker anywhere in the world for a travel period of 31 days to a year.

Elderly holiday travel insurance is of course for senior citizens. The elderly are used to higher premiums,

Sep 09

Buy An Instant Life Insurance To Secure Your Future

Life is full of unexpected events some good events and some bad events. An individual should always be prepared for these surprises or unexpected events that life has to offer. Life insurance policies help you in times of crises when you and your family needs financial support the most. It takes care of your loved ones and helps you to deal with your troubles. Thus investigating in a life insurance policy is always a good decision. It helps one to secure his or her future along with his or her family from the ups and downs of tomorrow.

It is extremely important for people to understand that life insurance is a very broad term. There are various policies and plans available to customers under the term life insurance. Mainly life insurance can be divided into two types short term or limited term insurance and whole life or universal insurance. Limited term insurance is more flexible for customers as it can be renewed for a number of years and can also be converted into a whole life policy if one wants. It is crucial for an individual to understand his or her needs and requirements before buying an insurance policy. A policy that is beneficial for your relative may not be the correct one for you. Thus one should thoroughly research about policies before investing in one.

There are several brokers and insurance agents available in the market whom you can ask for advice. You can also take professional guidance from your lawyer. In todays world, it is extremely important to manage ones finances to maintain a good and healthy lifestyle. If you are interested in a life insurance plan, then you can simply ask for an instant life insurance quote from a company.

With the help of internet, you can

Sep 08

Reduce Car Insurance Premium With No Claim Bonus

Ask any expert as to how to reduce car insurance premium, the advise is drive safely, avail NCB. No claim bonus or NCB is one of the major factors affecting car insurance premium. It is a discount that the vehicle owner gets if he doesnt make a claim the whole year. Percentage of bonus increases for every claim free year.

How is NCB Calculated

NCB can be availed for every claim free year of the vehicle. It is calculated on the own damage part of the insurance premium and not the third party insurance. Own damage (OD) premium forms a major component of comprehensive car insurance. One can get up to 50% discount on it.

For no claim during the previous year one gets 20% discount on OD, For no claim during two previous years discount is 25%, For no claim in three preceding years discount is 35%, for no claim during four previous years, discount is 35% and for four or more preceding claim free years, the discount is 50%.
Once a claim is made, the NCB becomes nil. The next premium is higher and the whole process of accumulating NCB will begin from zero. Some insurance companies offer an add on cover to protect NCB

How to Avail NCB

The insurance company automatically includes the discount in the renewal notice. If the car insurance has lapsed and you renew it within the grace period of 90 days, you can still avail the NCB. If insurance is not renewed within the grace period, NCB lapses. There are certain things to take care if you are selling the car or changing the insurance company.

If you are changing the insurance company, make sure that you take the no claim bonus certificate. Once you present it to

Older posts «

» Newer posts