It is not just cars that must be insured on British roads, every type of motor vehicle is required by law, to have at least third party insurance.This includes Lorries and Heavy Goods Vehicles (HGVs), which are typically used for business or commercial purposes. A lorry or HGV drivers licence is an upgrade of a traditional driver's licence and whilst drivers may be insured to drive their own car, they need separate lorry or haulage insurance....more
Takeaways can face insurance claims for many different reasons, hence the reason that most have a valid takeaway insurance policy in force. There are various different policies available, many that offer the same skeleton or basic cover. The main denominator between the insurers is, as with most products, price. But, this is no, and should not be the only thing that makes the difference between one product and another. A BMW, Audi or Lexus will...more
Income protection insurance, also often called income insurance, pays up to 75% of your income when you suffer from an accident or illness. It helps protect your livelihood, allowing you to pay for bills and living expenses while you focus on recovery.This type of cover is especially important for families where there is one main breadwinner. It is also vital for single people who want to ensure their financial independence no matter what life throws their way. If you cannot afford to take extended leave from work due to injury or illness, then this type of cover is for you.In Australia, income insurance is generally tax deductible. As long as your premiums relate to the earning of assessable income, then the Australian Taxation Office (ATO) will generally allow a tax deduction.How much can I claim back from my income protection insurance policy?It depends on the cost of your premiums, but generally speaking if you have a stand alone policy you should be able to claim the entire premium when doing your tax. However if your policy is bundled, then the amount you claim will be different.Speak to your tax adviser for further information regarding your tax return.Bundled income...more
Both terms, trauma insurance and trauma cover, are used interchangeably in Australia. As the word 'trauma' suggests, this type of cover offers financial protection should a serious accident or illness befall you.Trauma cover is suitable for both single people and couples. As you may already know, disease and illness do not discriminate. It is...more
I recently started a business and had to get liability insurance to ensure I was covered if I wanted to get the Australian government contract I was after. I like the internet and use it to search and buy many things including insurance, but trying to compare> online was near impossible. I had a look around the USA and UK and found that this is a...more
Funeral> is a great product that has only become widely available in Australia during the last 5 years. Prior to that, there was only one or two companies in the market offering funeral cover and it was expensive and not really worth it. Now there are plenty of companies fighting for your business and as a result funeral and crematory insurance has become more affordable, more competitive and more widely available. All you have to do is see all the advertising going on at the moment to see it is one of the hottest insurance products on the market.So what type of features issues can you expect to find in your funeral policy, here are some of the more common ones;Age Acceptancy & dependency: Some companies will guarantee acceptance for all ages, some for ages up to 79 and others give you it free after 90 if you have been with them for +10 years. You may not need family cover to insure your children up to the age of 21. It would be an absolute tragedy to lose your son or daughter but having a large part, if not all, of their funeral expenses can reduce stress significantly in such a time of loss.Payment Options: Most insurance companies these days offer a combination of yearly,...more
The internet today is the most vast source of information. Information is almost commoditized, the only important thing being that one should know what to search for. The greatest role of the internet has been in removing information asymmetry,...more
Insurance for a motorbike in the UK is required by law. If you are about to invest in such a bike then you must be certain you can meet the monthly premium payments. The type of bike you buy is going to affect your premiums.Most motorbike...more
Where to Find the Best Motor Insurance for You One vital thing to get after getting a motorcycle would be motor insurance. Make sure you take some time off to research any options available to you first, though, so you can get the best insurance...more
Surely, you want to get a good insurance company. Many think they are with a good company, until they get into an accident and find that their company really is not as good as they thought it was. This is usually because they did not do the proper...more
Which insurance company is the best? We are not able to tell you any direct company names, however, we know exactly what makes them on the list of being the best. Below, we are going to give you a list of five things that make an insurance company be...more
As consumer Internet usage continues to grow, businesses are shifting their advertising budgets in epic proportions away from traditional advertising channels such as direct mail, print, and television to interactive channels such as websites, search...more