You may wonder why many UK insurers refuse to pay insurance claims. This is part of the agreement between the insured and the insurer, isn’t it? Yes. An insurer cannot refuse to pay legitimate claims. The insurer can, however, question the legitimacy and make a payment. Insurers are now making greater efforts to verify that a claim is legitimate. You […]
Author Archives: Admin
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Apr
Apr
Is insurance affordable? Insurance companies tend to believe that the insurance they offer is affordable considering the risk involved. Most consumers believe insurance is not affordable due to their financial situation. How can you determine if insurance is affordable? How insurers decide affordability In order to determine affordability, insurers must decide if someone or something can be insured […]
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Apr
Apr
Is insurance a fraud or a necessity for financial security? Many people believe that insurance is a fraud designed to steal the hard-earned money earned through honest work. The government, insurers and financial institutions see insurance as a financial necessity. Who is right? Everyone is correct to a certain extent. But everyone is wrong to a certain extent. Insurance […]
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Apr
Apr
This article will explain what assurance insurance policy is. What does it mean? This is an insurance policy that allows the policy holder or beneficiary to receive a refund after a specified period or event. This agreement is between the policy buyer and the insurer. On the death of a policy buyer or other serious illness, the insurer must […]
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Apr
Apr
Your insurance premiums can be raised or decreased by risk management. No matter what type of coverage, the premiums can be reduced. No matter if you are a business owner or an individual, the premiums will be higher if the insurer is willing to take on more risk. You wouldn’t need insurance coverage if you could eliminate all […]
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Apr
Apr
FACT –Auto and Life Insurance premiums fell in the last 3-5 years. FACT: If you haven’t checked your auto or life insurance rates within the past 3-5 years, you may be overpaying. Everyday, I meet new customers who finally have the energy and drive to shop for their insurance policies after 25 years of loyalty with […]
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Apr
Apr
Our cash-strapped Government is urging people to take control of their lives and not rely on the state to provide. Those who are capable are considering their options. Unemployment and how to make ends meet financially are the biggest concerns for both public and private sector workers. Because of the low state benefits and limited savings, it […]
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Apr
Apr
The hospitality industry is a major employer in many countries around the globe and one of the largest service sectors. There are many fields in the hospitality industry, including lodging, restaurants, cruise lines, and other fields. Because of the many risks associated with running a business in hospitality, it is more susceptible to economic fluctuations than other […]
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Apr
Apr
This is because I live in a village that is closely linked to witchcraft. The Police set up roadblocks to prevent anyone from reaching our hilltop church on Halloween night. This is true. This is true according to many people. Legend has it that the devil will appear if you run around the church seven times in anticlockwise on […]
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Apr
Apr
Insurance refers to all types of risks. Insurance policies can only be used to share risks with others with similar risks. While some risks can be insured (i.e., insurable), others cannot. non-insurable risks). Insurable Risks Insurable risks refer to the risks that the insurer covers or makes provision for. They are those risks against which it is possible […]