Why You Need Insurance Insurance is a fairly simple concept; you pay a company a certain amount of money in order to cover your own financial risks. In general the amount of money you pay, known as a premium, is far less than the amount paid out by the insurance company should your claim be successful. So why do you need insurance? Let us take a look at some scenarios:Should you have a family and you unexpectedly die, could your family...more
Claims payment record of the Private Insurance Companies An important observation from the above table is that the claims rejection ratio of LIC is the lowest, thus implying that their record is the best as far as claims payment is concerned. At the same time, the very high percentage of claims rejection of SBI Life and Max New York Life surely comes in as a surprise.It must however be noted once again that in Unit Linked products that...more
Types of Insurance Plans While we understand that to invest in a unit trust carries certain risk, especially so when the unit trust carries lots of equity component and more so if the investment is on foreign market. A few of the most overlooked investments are insurance based. Let's be clear - fixed income simply means an investment that would pay you a fixed amount of money over time. We take them for granted until something happens to them. We think that this scenario is unique to us, in our time, but our complacency is often our downfall. Not a lot has changed over the period humans have been around. I remember how annoying it was when I was a young man, when my dad used to get me mixed up with my brothers and call me Brian or Barry in stead of Christopher. It all seems very petty now, but at the time it seemed quite surprising that your own father got your names mixed up. My eldest daughter finally took the plunge when she was about 21, to get her own flat. Whilst I was glad that she was finally taking the first steps to independence, my paternal instincts were in overdrive. Nothing brings home to us the necessity of taking proper precautions to look after not just...more
Jobs in insurance sector are emerging at a fast pace due to the growing demand of insurance policies across the country. This sector has widened its scope and reaches in last few years and is now reaping huge benefits. Insurance jobs are available throughout all levels like executive, administrative and managerial and in all types of insurance i.e....more
Insurance Broker: Helps In Choosing The Best Policy Life is unpredictable. Calamities of all sorts may strike a person at any moment. So, investment in insurance is very important to get coverage against financial losses. To choose the right type of policy, a person usually takes help of an insurance broker. Recently, there has been a huge...more
Rabbits and Lions- The Truth About Insurance Companies BUNNY RABBITS AND LIONS- Learn Why Smart Personal Injury and Wrongful Death Victims Have Experienced Lawyers Protecting Their Interest.Trying to handle your own personal injury case without a lawyer is like putting a baby bunny rabbit into a cage with a hungry, full grown lion. The outcome is not only predictable but painful (especially if you’re the bunny)!Insurance companies are in business to make money. Each year the major companies earn billions of dollars in profits and their claims adjusters earn huge end-of-year bonuses for minimizing what they pay out in claims and maximizing how much money they help the company executives put in their pockets.A fact that you need to know is that claims adjusters are highly trained professionals. Their job is to do what’s best for their company, not what’s best for you.As with any profession, you get the good with the bad. The tough part is that it’s difficult, if not impossible, for most people to tell the difference.The problem is that both the good and bad claims adjusters receive hundreds of hours of specialized education about how to handle the claims process. They...more
Insurance: Canada Industry Guide This is an essential resource for top-level data and analysis covering the Canada Insurance industry. It includes detailed data on market size and segmentation, textual analysis of the key trends and competitive...more
Know About Cancer Insurance Plan and Why You Need It? Cancer is one of the most dangerous diseases and every one knows that it is a lethal disease that requires a lot of money for the proper medication and treatment. But, we all know that it...more
One that might bring a big Worry on some movers is the biggest question of What if? what if accidents occur or what if my things get damaged on the way? And what if my possessions where robbed? This are major questions most movers takes a longer...more
The Purchase of Salvage Jeeps From Insurance Salvage Auctions Salvage vehicles and insurance salvage auctions in particular can find a lot of followers today mostly for the reason that they have accessibility and easy right of entry they could...more
How to Put on Weight Fast Gaining weight is really all about gaining the right knowledge and putting it to action. Although the process of gaining weight is a very physical change, it requires mental preparation and strength as well. You will...more
Many factors can make your home insurance go expensive or cheap. When you are the owner of a house, you consider yourself a lucky person. When you own a house in a good area, you are twice as lucky but when you are the one with the good insurance on...more