Category Archives: Finance Guide

Motor Insurance Companies and the Compensation Culture Paradox

More people are filing compensation claims in the UK for car accident injuries than ever before. Many believe that the rise in claims following car accidents is due to the “compensation cultural” in the UK. Recent studies suggest that general injury claims are actually declining. Many legal areas, such as employers liability, are seeing a decline in […]

Auto Insurance – What Determines the Price of My Policy?

How did your insurance company arrive at a price for your auto policy? Most likely, the price you pay to insure your car was calculated using a variety of information that is specific to you and your vehicle. Although insurance companies generally use the same information to determine the price they will charge for a particular risk, […]

Zeroing in on The Best Systematic Investment Plans That Offer You Maximum Returns

Mutual fund investors often choose a SIP plan randomly. They will choose the one suggested by a friend, colleague, or their bank agent. Mutual funds can be very diverse, so what might suit your friend’s portfolio may not work for you. Some others choose plans that are highly rated on review sites and financial agencies. Others choose to […]

Zero Deductible Insurance – The Pros and Cons

A policy that does not have a deductible sounds wonderful, as we can sometimes be caught in the “you must pay the deductible before …” trap.” This applies to car, health, and property insurance. Life insurance does not have a deductible. Otherwise, beneficiaries could be in serious trouble. First, it is important to understand what the deductible […]

The Role of Car Insurance Brokers

Car insurance brokers serve as intermediaries between customers and underwriting Insurance Companies. They perform a variety of functions in this role, both with the car-insurer buying public and the Insurer placing the business. Brokers are responsible for placing motor and car insurance risks on coverage. This is a significant difference from other types of insurance because […]

What Makes Them The Best Tax-saving Investment Instrument

Although most new investors prefer debt or equity funds when searching for the best mutual funds, a growing number of investors, particularly working professionals, are looking into ELSSs. An Equity-Linked Savings Scheme (ELSS) is a mutual fund that invests the majority of its corpus in equity segments. Similar to other investment options such as NSC and PPF, […]

Auto Insurance Does Not Mean The Same Things To People In The Financial Profession

It’s amazing to see how much literature there has been about car insurance online. Most of the literature is focused on selling car insurance rather than offering it as an insurance product. When you search for “auto insurance”, a lot of websites will appear with phrases such as affordable auto insurance, low-cost auto insurance, and low-cost auto […]