Sri Lankan Takaful insurance industry is exhibiting a tremendous growth potential. With the entry of various banks as Sri Lankas first fully fledged Islamic Bank & two commercial banks in 2011, the industry is showing a promising market for Takaful insurance, as most of the need for General insurance still stems from the banking and finance industry. At present, Amana Takaful is Sri Lankas only takaful insurer. On the back of more and more...more
Though many people disregard it, insurance is a topic that is vital to our day to day life. The policies set us up for long time periods making life a tad more secure than it was before the insurance. The meaning of having an insurance policy is being prepared to face unwarranted situations with respect to money.There are several kinds of insurance products in the market, but the most important ones are home insurance, car insurance, life...more
It's unfortunate that mishaps happen but that's a well known fact of life that we can in fact do very little about. Fortunately there are things that you can try to make the repercussions of an accident a little easier to deal with. One of those things is getting some kind of hospital insurance coverage.What comes to most people's minds whenever you mention hospital cover is actually medical aid. This is actually the most common kind of cover that people make use of. If you end up in hospital because of an accident or even sickness then your medical aid will cover a certain amount of the bill and you'll cover a specific amount. This can vary depending on the plan that you have and the medical aid organization that you have your insurance plan with. This is not the only thing that can be done though.If you are involved in an accident and aren't capable of working for a month or even more you may find that you're struggling with your salary or something like that. This is where you need something more than just a medical aid. This is where hospital insurance coverage will come into play. There are insurance policies out there which will pay out a...more
Owning a motorcycle can be exciting and a fantastic investment opportunity. If you own a motorcycle, you could be one of many riders who are targeted by criminals who strip motorcycle parts for quick cash. Like many motorcycle owners, you need to take precautions that could save your investment from being destroyed as well as save you on motorcycle...more
If you're getting ready to buy a house, you've probably heard people bring up the concept of a title company and the practice of getting title insurance when you make your purchase. What is this and what does it mean? Is it necessary? These are some of the questions potential home buyers often ask before going through with the...more
Income protection insurance provides you with the stability your require should you become unemployed by paying out to the policy holder in the event of them being unable to work under a number of unfortunate circumstances, paying out the insurance either weekly or monthly. In the distressful and unforeseen events that occur in so many peoples lives every day, with this type of insurance, a massive load can be lifted off your mind in the knowledge that you will not have to worry about financial difficulties. Because lets face if you were to suffer from a terrible long term illness that rendered you unfit for work, financial worries are the last thing you and your family want to be concerning yourselves with.There are two types of policies available, with the option of either long term or short term. The long term policies is the type that refer to the time in which your employer stops paying you sick pay and when your pension begins, whereas the short term policy is meant for the safeguarding of your mortgage, bank loans, credit cards, household bills etc. Ensuring that you are able to live your life as ordinarily as you possibly can in the event of misfortune, the duration of this...more
Motortrade Insurance particular type of insurance policy which is designed to provide protection not the people who are doing their business relating to vehicles like for different motors like van, car, truck or other vehicles so for this purpose...more
Payment protection insurance, also known as PPI has been quite in news lately. Though Ppi is not essentially bad or loaded with disadvantages, yet many times, it has been mis-sold, thus eventually gained a bad reputation. Many times, it is mis-sold...more
Firstly, what is motor insurance? Motor insurance is anything that pays for the loss or damage of your vehicle. Be it a car, 2-wheeler or commercial vehicle, your insurance should pay for any unforeseen events. That itself should tell you why its...more
Are you in need of a professional service, with regard to basement design in Ottawa? If you are currently planning to renovate your home and want to fully utilize your basement space, in that case you must be able to come up with a good basement...more
Understanding clearly details of all types of insurances help insured people claim their rights without hassle. They have invested some amount and time to make their properties protected. Thus, they are also eager to understand and know more about...more
It often happens that we lose our car keys or our house keys and then we start searching for it all over the place. There is no problem if we can get it back, but the actual problem arises when we couldnt find it, and it is lost once and for all. So...more