In Australia, many women still do not have income protection insurance and are severely underinsured compared to their male counterparts. Many women hold full-time jobs, and are increasingly being identified as the main breadwinner or are making a vital contribution to the household income. Because of this, women need income coverage just as much as men.Income protection for women could make the difference between the family's ability to survive...more
Trauma insurance is one of those personal policies that you should take time to compare properly. Trauma cover should not be confused with TPD cover, as trauma coverage offers a lump sum payment in the event you should suffer a traumatic event as outlined in a life company's product disclosure statement (PDS). TPD cover on the other hand is a lump sum payment if you become totally and permanently disabled.Trauma cover benefit payments can be...more
Earlier this year, some businesses are not illegal production of flame protection device with embedded gas stove or fraud incidents by CCTV "Weekly Quality Report" came to light, a time,Gas cookerIndustry andConsumptionWho caused great shock. Not long ago,Guangdong ProvinceA million and Gas Association, Vantage, beauty, creative Stewart and other well-known in the industry 12 gas stove manufacturer self-declaration published in Guangzhou, said the firm implementation of national standards, to boycott the black sheep. Subsequently, the million and preparation, preparation of a larger clean-up-free gas stoves out insurance activities in this year's 3? 15, the eve of the official announcement: starting from March 15 to April 15, 10 000 and in the major national capital city is still full recall of the consumer's home without out the use of any brand protection devices embedded in foci, and to give every kitchen scrap subsidies paid 50 yuan, the same time, if the redemption of 10 000 and embedded gas stove, will be given to each minimum 100 subsidies.Paul clearly not out gas stoves Experts said, consumers use the protective devices is not flame gas stove, if unexpected...more
One of the best ways to produce more cash together with your insurance policy clients are by using free insurance coverage qualified prospects on the web. Such way might allow you to invest just a little or absolutely no sum of money but gain a great deal in exchangeThere are numerous totally free insurance coverage prospects...more
It is a sad fact that many SMEs do struggle to make progress past the first year of trading. Compounded by the bottleneck on borrowing, many SMEs also seem to forget to cover their business with adequate small business insurance in the event of a catastrophe.Two major issues exist: Obtaining Financing and Being Adequately Protected.Many simply do...more
Although it stands by itself, the contamination exclusion ties in quite closely with the processing exclusion. The text of the contamination exclusion varies considerably from one ARPI policy to another. Some exclusions define contamination by reference to pollution or change in texture, finish, colour or flavour. Some exclusions simply include contamination amongst a whole variety of perils in one clause such as "... corrosion, rust, change in temperature, dampness, dryness, wet or dry rot, shrinkage, evaporation, loss of weight, contamination, change in colour, flavour, texture or finish...". Most policies make no attempt to define contamination. There is no generally accepted definition of contamination and, in fact, the difficulty of defining contamination has resulted in AIRMIC setting up a special working party to study the problem. In the area of environmental liability, the Department of the Environment in 1991 issued a consultation paper and a proposal for public registers of land which may be contaminated. The paper stated that the government considered that contamination was a necessary but not a sufficient condition for pollution. Therefore, the...more
For example, a fire may occur in a frozen food packaging plant. As a result of the fire, the packaging of the stock becomes contaminated and has to be replaced. In those circumstances, the damage would be covered by the policy even...more
All of the goods stored in the room became unfit for human consumption as a result of contamination from the ammonia. The ARPI policy excluded contamination unless caused by or resulting from loss of or to the property covered by...more
The assured argued that "contaminate" meant introducing foreign substance thus effectively creating a different substance. It conceded, however, that a product is also referred to as contaminated when the foreign substance merely...more
Some, but by no means all, ARPI policies contain a clause excluding spontaneous combustion, namely a fire brought about by the conditions produced within the substance itself. The key element to spontaneous combustion is the creation...more
There is a degree of overlap again between riot, civil commotion and terrorism, but terrorism is considered separately in that, again, it has a somewhat different history of coverage under All Risk Property Insurance (ARPI) policies....more
A dramatic change in the market took place following the massive explosion that had occurred in St Mary Axe in 1992 resulting in damage to the Commercial Union building and other buildings in the City. At the end of 1992 the reinsurance...more