Do you have a plan in place to maintain your family's financial well-being if you lost your life? Paying everyday bills can be quite difficult for a suddenly single-income family, so although it is unpleasant to think of such an event, it is important to plan for it. Term life insurance is your most reliable option for protecting your family in these situations.Why is a term life insurance plan worth your consideration? One great benefit is...more
If you're attending to sell a structured insurance settlement then you're a extremely valued and extremely searched client in the financial industry. This is because payment flows such as the one you have for sale is a good investment for peoples who are seeking such financial revenues. These investors are ready to give you a lump sum of cash today for the right to get your cash flow for the predictable time. But a lump...more
Rankin Manufacturing Limited is a small company based in Coventry manufacturing vehicle component parts and is covered by an ARPI policy with Industrial Risks Limited. On 5 August the claims manager of Industrial received a phone call from a director of the company indicating that the premises had burnt down that evening. What does the claims manager do? - Normally the first step for the insurer, unless he retains his own in-house loss adjuster, will be to appoint an independent loss adjuster. - The loss adjuster on talking to the police discovers that there are some mysterious circumstances surrounding the fire. - The insurer should then immediately instruct a forensic scientist. Frequently, the insurer may leave the initial investigation to the police. Unfortunately, although the police may commence the investigation enthusiastically, other more important demands may be made on their time and it is imperative that first class scientific evidence be obtained at the earliest possible date. Although, liaison with the forensic science laboratories has improved now that they have been privatised. - The insurer should then inform both the forensic scientist and the...more
If litigation does subsequently take place, after the close of pleadings each party must disclose all documents relevant to the issues in question. There are various exceptions to that rule, particularly relating to privilege. The involvement of the solicitor is imperative as, first, all communications between the insurer and his...more
If solicitors are to be instructed at an early date, the insurer will probably have the best chance of maintaining privilege at a later date. The involvement of the solicitor in cases of potential fraud is also critical in that he will have the clearest view of the evidence needed to prove the elements of fraud if the matter is...more
As part of this investigation it is also important to investigate the past history and habits of the directors of the company. For example, have any of the directors been involved in bankruptcy or insolvency? Do they have criminal convictions or even any particular personal expenses to be funded? Whilst a lot of the routine work can be done through public records such as those available at Companies House, it may also be necessary at this stage to instruct a private investigator. - Obviously, documents held by the assured can help the loss adjuster in this investigation and a nice balance has to be reached when deciding how best to deal with the assured in the particular circumstances. Arson is, of course, an insured peril under most ARPI policies. It is only excluded if it is self-induced. Therefore, the assured must be treated fairly until the evidence clearly points to his involvement. It has to be a matter of judgement for each insurer as to the extent to which it warns the assured of its suspicions. From a litigation standpoint, it would no doubt be beneficial to obtain an early signed statement from the assured. However, many insurers may feel more comfortable...more
As soon as the evidence has been gathered the claims manager should call a meeting of his team to decide whether the evidence justifies rejecting the claim (which has already been made by Rankin Manufacturing Ltd.) or whether, despite...more
Safety is still not an assurance even with the availability of travel insurance coverage in travelling out of a province, according to an industry representative. The medical facility you are transacting with may or may not accept payments directly...more
Auctions Online Buyers around the world, rejoice! Purchasing those hard-to-find items has become so much easier with the ease of participating in auctions online. Local auction houses just can't possibly have access to the latest designer...more
Georgia vs Israel Live Streaming UEFA Euro 2012 Qualifying Online Coverage Football Match Kick-OffWatch Georgia vs Israel live stream free online broadcast sep 7-9-2010, Uefa Euro 2012 Qualification football soccer. Georgia vs Israel...more
Obtaining title insurance is a universal requirement for almost every mortgage and remortgage. While the expense is usually minimal compared to the overall expense of the property itself, it is important to understand what title insurance is and how...more
It is recommended that you get trailers for sale from a private dealer instead of from more public places like auctions or the Internet. You should examine the used trailers very well before purchasing them as there are possibilities of them having...more