Monthly Archives: August 2013

Travel Insurance NZ And The Associated Benefits

    With the frequency of domestic and overseas travel both increasing with every passage of the day, one cannot really deny the importance of getting a comprehensive travel insurance plan. As such, if you are within New Zealand, you should try and get travel insurance nz if you are a frequent traveler today.  As you continue aging, medical issues that you never knew of before start to crop up.  Even a healthy individual might be a victim of an emergency.

Such an occurrence can lead to many problems, especially when you are travelling to a foreign land.  No wonder travel insurance NZ plans and other insurance plans in other parts of the world are in great demand in the modern day. Here are some of the reasons why you should buy travel insurance today:

Worry-Free Travel

When you have a travel insurance plan that can take care of any kind of issues that might come up when you are on your trip, you can rest easy and enjoy your journey.  You can go on and see places, meet people and fill up your leisure moments with pretty much thrilling activities.  Simply stated, your insurance plan helps to take care of the unforeseen.

Resolving Emergencies

In most instances, travel insurance is intended for purposes of taking care of emergency situations.  It does not matter whether these emergencies are related to your general health or any other aspects.   As such, your insurer can still take care of other travel issues you might have and not just limited to medical issues.

Better Prices

Last but not least, when you are insured, you won’t have to break the bank in order to pay for your medical bills in that foreign country. The insurance company takes care of it all.

Get The Best Travel Insurance In NZ

    A vacation well-earned is coming up. You have your heart set on getting to the beaches of Costa Rica, thousands of miles from your home. You picture yourself walking barefooted on the clean white sand with a thirst-quenching drink on hand; snorkeling, swimming, and surfing, what a dream vacation indeed.

However, there’s always the unexpected. No matter how careful or well-planned we are, there are always the unforeseen events.

Unfortunately, only a small percentage of those who travel, purchase travel insurance. Whether it is the lack of knowledge on what it can do for you or you are simply not interested.

Great travel insurance should be a part of your travel plan.

Finding a travel insurance company is not hard to do. However, finding one that covers all the unfortunate incidents can present a problem. Travel insurance nz, covers your medical expenses, travel delays, return flight trips, loss of pay, out of pocket travel expenses and more. The plan offers 24 hours worldwide emergency assistance, plus more ways to get the answers you need. A perfect vacation is what we all strive for.

If the unexpected occurs, a claim is just a 3-step process. The best travel insurance nz has you covered. With travel insurance nz on your side, you can and will have a relaxed and at eased trip. For more information, have a look at the best travel insurance nz.

Sacrificing Privacy To Save Money On Auto Insurance

    We are all looking for cheap car insurance, and most of us are willing to do what we can to get it. If your auto insurance company wants to offer you a discount based upon your driving habits, you should understand the implications before you agree to the program.

The relatively new program that your auto insurance company is probably talking about is the installation of an electronic monitoring device inside of your vehicle. A small, data-gathering device is attached to your car and has the capability of recording a wide array of information.

While your car insurance company may not track everything that you do while driving your car, the potential is there for the device to become somewhat invasive. While this device can help you get cheap insurance, it can also act against you if you are a bad driver.

 Your Car Insurance Company’s Point of View

No matter what company you decide to buy your auto insurance from, your rates are determined by the amount of risk you present. What is the likelihood that the model car you drive will get stolen? How much will it cost to repair after an accident? Are you a safe driver?

All of the answers to those questions and hundreds more, rely upon some form of data. Your auto insurance company now has an additional tool to gather more data. They are happy to use it as often as possible so they can find the drivers who will be less likely to file a claim.

Your Point of View

While you might think that being monitored is an invasion of your privacy, you might overlook that inconvenience if it means getting a cheap car insurance policy. Younger people might be more comfortable with this type of technology because they are already sharing they are already used to sharing their personal life with strangers on Facebook and Twitter.

If you are a person who grew up without cell phones and digital books, you might scoff at the idea of “Big Brother” watching you anytime you decide to get in your car and drive.

 The Positives of Using a Monitoring Device

Car insurance statistics show that when people know they are being watched or monitored, they make a greater effort to pay attention to their driving and are safer drivers.

Getting cheap car insurance, often a several hundred dollar discount off of your full premium, is great for consumers.

This device can help you modify your driving habits and help you drive more safely and even save gas and wear and tear on your car.

The Negatives of Using a Monitoring Device

Hard braking does not necessarily mean you are driving too fast or are an unsafe driver. You may need to do so to avoid an accident. Why should that count against you?

 You might become paranoid and suddenly find that driving is a stressful job just because you fear that one wrong move could send your insurance rates skyrocketing.

On balance, this technology is more negative than positive. Does the data that is collected really save you money, or is it just an excuse for weeding out the good drivers from the bad? Is your car insurance company really trying to make the roads safer, or just coming up with a way to drop bad drivers and pick safe drivers who will be better for their bottom line profits.

This article was written by Steve Whiley, a writer in the auto insurance industry who is currently writing for American Auto Insurance.

Public Liability Insurance: Protecting Your Personal Assets

    Lately, lawsuits are becoming widespread in most countries from across the globe. Cases have been filed against employers, workers, and even members of the general public. These cases could result from damages and injuries inflicted to clients. However, as the outlook on liability change, more people are seeking a recompense for damage or injuries.

While the occurrence of such cases increases, it does not imply that they are trivial.  In some cases the claimant can collect thousands money for harm, damages, or injury they experience. Because of this legal responsibility insurance has become more of necessity. It can and should be used for employers, individuals, companies and manufactures can and should employ public liability policy.

Accidents can occur in anyplace, in public, workplace or in the home.  Some people may opt to seek lawsuit when they tumble over a branch the yard, or when a machine inflicts injury. Even an uninvited visitor can sue for injury inflicted as a result of the company’s negligence. True to say, very simple accidents can lead to serious consequences if they occur on one’s place of business, property or place.

Even with the remarkable increase in court cases, public liability insurance remains comparatively unused.  Without such a policy, it is probable for one to be held liable for any harm that crops up on from a product and/or the business. It may appear like a pointless cost but when contrasted to the alternative, it becomes preferable. Following a successful lawsuit from the plaintiff, it is very probable that a lot of one’s assets may be lost.

In a nutshell, with a Public Liability Insurance, not a single mishap that could ever occur will be your fault. That is the reason as to why it is essential that every business in operation, be protected with a public liability policy.

Teen Car Insurance: The Ultimate Crash Course

    It’s time to get your teenage child car insurance. You’ve dreaded this day for years, but it’s not as bad as you think. While teens pay significantly higher rates than adults, there is a benefit to having a teen driver in the family: you have the opportunity to teach your child proper driving techniques. That, along with a few other factors, will keep your rates down and your child free to drive anywhere he wishes.

Will You Pay For Coverage?

Figure out who will pay for coverage. In most cases, it’s probably a good idea for you to help your child out – either pay all or most of the premium. That way, you don’t risk a lapse in coverage. Teens tend to be inexperienced when it comes to budgeting. Don’t risk your child’s policy (or your own) by letting your teen handle the premium payment on his own.

Should Your Teen Be On Your Policy?

It’s common for parents to add their children to their own policies. Some of the more obvious benefits are that your child’s rates won’t be as high as if he were to get his own policy. Your teen also gets to take advantage of your policy’s coverage, limits, and deductibles. Discounts that you have on your policy will also help to lower your child’s premium. Finally, you’ll qualify for a multi-car discount if your child has his own vehicle.

Of course, it’s not all rainbows and sunshine. Your base policy premiums will rise – sometimes substantially. According to the Insurance Institute for Highway Safety, teen drivers have three times as many car accidents per mile as drivers who are 20 and older. This makes perfect sense. Teens are simply not as experienced as adults.

You also risk your policy perks like “good driver” and “claim-free” discounts if your child gets into multiple accidents or has multiple moving violations.

Get Special Discounts

Your child might qualify for additional discounts if he has good grades or drives an older. Good grades in school shows the insurer that your teen is responsible. An older car probably doesn’t need collision or comprehensive coverage. Of course, keep in mind that teens are at a higher risk for collisions.

Get a Safe Car

If you’re worried about your child getting into an accident, choose an older, but safe, vehicle. An example would be a 1980s or early 1990s Mercedes diesel. Those cars were tanks – practically indestructible. Repairs are cheap, too.

Another possible vehicle choice would be a Volvo – known for its safety. Honda Civics are yet another good choice – good on gas and an impeccable safety record.

Shop Around

Finally, nothing beats shopping around. Use comparison sites such as kanetix.ca before you commit. If your current insurer doesn’t offer great rates with the addition of your child, it might be time to take all of your business elsewhere. Shop around for insurers who know how to underwrite teenagers, and have the risk tolerance for it. Regardless of the company you go with, teens will always pay more than adults. But some insurers charge excessively high premiums on teen drivers, and aren’t very good at underwriting those risks.

 Donald Ayers has worked for 15 years in the insurance sector. His articles mainly appear on money saving and personal finance blogs.