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...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 probably even more important for single people who do not have a partner's income to rely upon during hard times.It pays a lump sum to the person insured in the event that they suffer from a disease or condition as defined in their product disclosure statement (PDS).Each life insurance company in Australia has different conditions listed under their policy. However there are four main conditions which are typically covered by most life insurance companies including heart disease, heart attack, stroke and cancer. It should be noted that each life insurance company will have different definitions outlined in their PDS, so be sure to read and understand the policy information before buying trauma cover.What is the best trauma insurance?As with other types of personal insurance, this cover should also be considered when purchasing life insurance....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...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, leading to a more efficient marketplace. And insurance is one area where the power of information through the internet can be harnessed to the maximum. One of the biggest gripes about the insurance industry has been that users have been purchasing insurance almost blindfolded, completely at the mercy of the agent who unabashedly pushes products where he earns the maximum commission. The costs of distribution in insurance are massive, and there are significant inefficiencies within the system. As with any other channel where commissions are unrealistically high, there are many layers and sub layers of distribution, the ultimate cost of which is borne by the consumer. This is where the internet can step in, getting the buyer and the insurance company much closer, and thus ultimately leading to lower purchase price.In India, the recent trend has been that people have started using the internet extensively to compare policies before buying...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
Just name a few insurance companies, there are so many insurance companies out there, sometimes it is a bit overwhelming. Lowest price premium for each company to provide excellent customer service and claims, but really, what exactly? If you search...more