Category Archives: Auto & Motor
For any professional in your employment they need to have a much greater standard of safety and care and these factors ought to be stuck to as company policy, so courts typically make it difficult on evidence of professional negligence. This really is typically to exchange lack of costs incurred to revive your company if you suffer from the client claim for compensation.
This can’t be predicted in advance because it is impossible to calculate when this kind of event can happen therefore the best factor would be to also have sufficient protection for just about any scenario and getting an intensive consider the market could be makes sense.
Legal consultation services are incorporated within the coverage in addition to court attendance costs. You’ll find a lot of info if you get professional indemnity insurance quote online.
The insurance provider will therefore need a thorough study of the character from the claim in the event you so require it so it is advisable to decide on a company that knows your needs. Make certain things are properly in position before carrying out to the organization you would like. Rates derive from an overall total estimate and all sorts of costs are only able to be considered by an insurance provider that knows the professional indemnity marketplace.
Ultimately, insurance brokers themselves call for a tremendous amount of indemnity cover to cancel out the chance they are legally challenged for nearly the advisory services.
Actually you might save a lot of time speaking to some salesman together with your questions and arrive at the important stuff rapidly. It’s also reassuring to understand you might get covered while on the telephone particularly if you have a very good deal. Don’t delay as this may be unhelpful, and get indemnity insurance quote online it could save you an awful lot of money.
Many retirement and investment plans include a variable annuity, and you may be unfamiliar with what that is. It is smart to educate yourself on some of the basics before enrolling. Here is a quick guide to a few things you will want to know about variable annuities:
1. What is it?
In simple terms, it is a contract between you and your insurance company. You purchase the initial contract by either making a large lump sum payment or either through a series of smaller payments and the insurance company agrees to make payments to you periodically, either beginning right away or in a future date.
Variable annuities offer the purchaser different investment options, typically mutual funds. There are some differences though between a typical mutual fund and variable annuities, including that you receive periodic payments with a variable annuity, death benefits as well as tax deferment options.
2. How do they work?
There are two phases for variable annuities, including an accumulation phase where you complete purchase payments and choose to allocate to different investments. The payout phase is where you receive your purchase payments and any additional investment gains either as a lump sum payment or through a periodic payment plan.
3. Ask a lot of questions
Variable annuities may be a completely new or foreign topic to you so when you meet with a professional remember to ask a lot of questions to help your understanding. Financial experts have a responsibility to accurately advise you on your financial options and to make sure the products they are selling are suitable to your needs. Make sure you provide them with as much information as possible so they can make an informed recommendation.
Before you purchase a variable annuity, try to learn as much as you possibly can about them. Do your own research or talk to a financial professional about how they work, the different benefits they can offer and any associated charges you will be responsible for paying.
Visit //newyorklifeagent.net/ for any financial questions.
Follow me on Twitter for daily financial advice @Chase4Finance!
Admiral Yacht Insurance was founded in 1992, as a personal response by managing director Robert Holbrook to the need for a flexible insurance service for cruising sailors and others. It now specialises in insuring large motor and sailing yachts. The company covers a wide range of geographic areas, from northern Europe to Mediterranean, from south east Asia to the Caribbean. It also extends its cover to blue water cruisers, making long voyages.
The Admiral Yacht Insurance company also enjoys a long-standing association with the Atlantic Rally for Cruisers, also known as the ARC. This has helped boost the company’s specialist knowledge, meaning that they can provide expertise when it comes to long-distance cruising, and the issues which affect sailors. This is indeed a distinctive and useful product, baked up by the personal touch.
Admiral also prides itself on the speed and efficiency with which it deals with customer claims. Applications for cover can be dealt with either online or over the phone, adding convenience and flexibility to the service on offer. Indeed, nine out of ten claims, on average, are settled with no need to consult the company’s underwriters. For speedy, efficient and knowledgeable service, there are few better companies to choose than Admiral.
Business owners usually care about their business but not all of them care about the good heath of their worker, or to promote good health habits among them. The workforce is the fuel that powers your business, so besides getting liability insurance in general to protect your company from potential operational risks, you should also think of promoting good health at work to stay safe from employee’s claims.
Different Types of Insurance
You may know that general liability insurance is the coverage that protects your business from a series of liability circumstances that may include negligence, ownership damage, bodily injury and other contracting, manufacturing, and overall operation of your business. As a business owner, this coverage protects your company against possible claims and legal actions including lawsuits coming from people outside the business, but not from claims coming from workers. You should also know that you could get other types of insurance including professional liability insurance, automobile liability insurance, and workers compensation insurance that protects your employees from accidents and other events in which your company may be legally liable.
Preventing Is Better Than Cure
As in medicine, avoiding risks at work can reduce the risk of potential accidents and reduce premiums that you have to pay for insurance. A safe installation of all machinery and everything else required to operate your business can certainly benefit your company. However, keep in mind that many times you also have to provide your employees with health care insurance, which involves additional costs that could be reduced by promoting good health at work.
Implementing Good Health Programs
Actually, many companies have health programs that encourage workers to enroll in exercising routines, change of eating habits to reduce fats, salt and other harmful groceries that far from improve an employee’s good health, while making them feel exhausted inside and outside of business hours. Certainly a well-balanced diet and a workout routine can boost anyone’s energy, but only with periodic talks about health improvement, banners promoting good health habits and other promotional material in strategic work areas can your workers learn how important good health at work really is.
Getting Professional Help Is Never Too Much
Whether you need advice to get general liability insurance, workers compensation insurance or a health improvement program, a professional advisor can help you to take the necessary prevention measures and promote good health habits among your workers to make your business run like clockwork.
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.
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.
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.
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.
Car insurance is one of the most significant expenses that are involved in owning a car. Depending on the car’s make, model and year, your credit history and driving record, insuring your car may cost you up to $1,000 – $1,500 a year. Calculating insurance costs can be a bit complicated, and a lot of car owners don’t understand their policies and what is covered by them. In addition to this, there is plenty of inaccurate information circling around, especially on the Internet, mostly regarding rates and coverages, that create myths and misconceptions about car insurance, and make it sound even more complicated than it actually is. The following is a list of some of the most common car insurance myths.
A Car’s Color Affects Insurance Rates
A lot of people believe that a car’s color is a factor that is used by insurance companies when determining your premiums. The myth says that there are certain colors, especially red, that can make your rates go up, but it’s simply not true, so you can choose whatever color you like, it won’t impact your rates. The color of your car has nothing to do with safety, and it doesn’t increase or decrease the risk of car accidents, so it doesn’t matter whether your car is bright red, blue, white or black, it’s all the same to insurance companies.
Filing a Claim Always Raises Your Rates
While this can be true in some cases, it doesn’t necessarily mean that whenever you make a claim, your rates will go up. The claim itself doesn’t affect your rates. It depends on how serious the incident is, whether the accident was caused by you or another driver, and your driving history.
Everything is Covered by Comprehensive Coverage
Despite its name, comprehensive coverage doesn’t cover everything. There are certain things that are not included in this type of coverage, such as towing and roadside assistance. Also, it doesn’t cover you in case your personal property is stolen from your car, and it doesn’t pay for damages that are result of a collision.
If Your Car Is Totaled, Your Insurance Company Will Pay Off Your Loan
In case your car is declared “a total loss”, your insurer will only pay the actual cash value of it. If your loan hasn’t been paid off before your car got totaled, you will have to pay it off out of your own pocket. The only way to be protected in this sort of situation is to buy gap insurance.
Your Insurance Follows You No Matter What Car You Drive
Car insurance follows the car, not the driver, which is what a lot of people believe. If you drive someone else’s car, and you get into an accident, damages will be covered by their insurance, not yours. No matter what type of insurance you have purchased, you have to remember that it only applies to your car, and it doesn’t transfer to other cars that you drive.
Jordan Perch is an automotive fanatic and “green cars” specialist. He is an author of many how-to articles related to safe driving, green technologies, auto insurance etc. Currently blogging for DMV.com.