Texas drivers who have abandoned cars in order to save money on gas by riding a motorcycle need to understand the requirements and options available to them in the form of motorcycle insurance policies and coverage. Liability insurance is mandated by Texas, and motorcycle liability coverage is the same as that for an automobile: 25/50/25. It is wise to invest beyond the bare minimum of liability insurance, however, when seeking to indemnify your...more
China Insurance Market Intelligence "The Chinese insurance market presents immense growth opportunity for both foreign and domestic insurance companies as the industry has been growing at more than 25% p.a. This growth is mainly attributed to the improving segments of life insurance and health insurance. Apart from this, the insurance industry has also benefited from the surging demand for insurance products, changing social structure, rising...more
Hong-Kong Insurance Market Intelligence "Hong Kong is one of the most competitive insurance markets in Asia. The insurance industry has been growing steadily since the 1990s, driven mostly by the life insurance business. Lack of state-sponsored pension schemes and comparatively higher interest rates on insurance products compared to traditional bank products and a growing elderly population have all added to the growth of premium income of the life insurance market of Hong Kong. The industry, however, was hit recently by the global economic slowdown and its resulting effects, like rising unemployment and decreasing income and savings.Hong Kong has one of the highest per capita expenditure on insurance in the Asian region. The insurance penetration rate is also high as compared to the overall Asian region. The high market density and penetration rate is due to the government efforts and high insurance awareness among consumers. In the forthcoming years, the market is expected to grow at a slower pace due to the slow movement in the life segment; however, it will still remain the dominant segment. The non-life segment will outperform the life segment in terms of growth as it is...more
India Insurance Market Intelligence "Indian insurance industry entered an important phase in 1998 when the government of India permitted the operation of private sector in the insurance market. The impressive growth in life insurance, the dominating segment, led to an overall growth of the Indian insurance industry. This growth is mainly...more
Italy Insurance Market Intelligence "The insurance industry of Italy has witnessed a rapid growth, showing a fast rising premium to GDP ratio in the recent years. The growth in premiums is mainly attributed to the growing income, newly launched products, investment in life products, increasing ownership of automobiles, as well as new improved...more
Spain Insurance Market Intelligence "The Spanish insurance industry has witnessed a steady growth during the period 2001-2008, mainly on account of the expanding economy and increasing private consumption. In addition, investment in real estate and automobiles, demand for life products, particularly group policies and pension products also helped further the growth of the market. The industry has experienced a dramatic restructuring during 1980s and 1990s. Deregulation, integration of financial services, technological changes, and other economic changes together brought about new developments in the industry.The booming real estate market as well as an increase in the demand for automobiles has helped drive the growth of non-life insurance premium in Spain. In case of life products, the demand for group and individual life (unit-linked & pension) insurance has contributed to market growth. Along with the market factors, economic and political drivers such as increase in employment, higher wages, as well as the provision of third-party liability and insurance of motor vehicles helped further the growth of the sector. With a growth in tourism and improved economic conditions, Spain...more
Drawback insurance policy this particular person is probably the many topdrawer element of your current insurance plan plan. If this is the situation, have your insurance policy way to tag a home--office alteration to your plan. Sgc was a...more
If you own and operate a limousine service, you must protect yourself and your clients with three different kinds of insurance. First, you must carry commercial auto protection. Second, you must carry extra liability insurance, so that your...more
Earlier you had to submit some proof to get a quote from the company. But in online quoting, all you need to provide is your zip code and you get the quote. They ask you whether you already have any kind of insurance on your name. They also ask you...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...more
Why and How Your Contractor Must be InsuredThey say the devil is in the details. That is certainly the case when it comes to remodeling. One example is in the area of insurance. It is probably common knowledge that the contractor or contractors you...more
Taken From: http://www.financialplannerlasvegasnv.comWhy Are Annuities Considered an Insurance Product? Annuities are financial vehicles that can be sold only by insurance companies. Basically, an annuity is a contract between you and an insurance...more