Category: abc insurance

Certificate holders certainly wish that the insurance industry

Certificate holders certainly wish that the insurance industry would find a way to notify them when an insurance policy is cancelled. But in reality, they may not have lost much in this change besides the illusion that the insurer would notify them.┬áMany insureds have a “blanket additional insured” endorsement on their liability policies. That means that anyone that the insured […]

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Why japanese insurance products are more savings-oriented

Why japanese insurance products are more savings-oriented

The demand varies for different types of products, too. Japanese insurance products are more savings-oriented. Similarly, although many Japanese life insurance companies offer a few limited kinds of variable life policies (in which benefits reflect the value of the underlying financial assets held by the insurance company, thereby exposing the insured to market risk), there are few takers for such […]

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The kieretsu structure in japan insurance policy

The kieretsu structure – the corporate group with cross holdings in large number of companies in different industries – was a unique phenomenon in Japan. As a result, the necessary shareholder activism to force the companies to adopt optimal business strategy for the company was absent. Although initially touted as a model one in the days of Japan’s prosperity, the […]

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How PPI Scandals Came To Existence insurance

How PPI Scandals Came To Existence insurance

Sometimes things created for good start harming the system themselves. The same is happening with Payment Protection Insurance policies. The business of selling PPI has become quite lucrative for some banks and financial institutions. PPIs were created to cover the monthly repayments of loans and mortgages for people who fell short of income to pay their premiums. However, they soon […]

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Will Your Car Insurance Cover You With An Expired Driver’s License?

Insurance premium can be different depending not only on your personal data (driving record, mileage, age, car model, marital status, etc), but also on the state where you live. One of the most expensive property and casualty insurance premiums is in Florida; the main reason is that the area is prone to natural disasters. Car insurance in this state is […]

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A Beginner’s Guide to Insurance

A Beginner’s Guide to Insurance

Having the right kind of insurance is central to sound financial planning. Some of us may have some form of insurance but very few really understand what it is or why one must have it. For most Indians insurance is a form of investment or a superb tax saving avenue. Ask an average person about his/her investments and they will […]

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The Process of Selecting Travel Insurance for Family Holidays

Right after securing a dog-sitter and having your mail collected, travel insurance for family holidays is one of the most important things you should organise before you go away. No matter where you are heading, or for how long, if you are leaving your home country, a good policy should be considered an essential purchase. Back in your home country, […]

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Types of Insurance  In Daily Life

Types of Insurance In Daily Life

Potentially any risk that can be quantified in terms of money can be insured. To protect loved ones from loss of income due to immature death one can have a life insurance policy. To protect yourself and your family against unforeseen medical expenses you can opt for a Mediclaim policy. To protect your vehicle against robbery or damage in accidents […]

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Insured and Insurer

When you seek protection against financial risk and make a contract with an insurance provider you become the insured and the insurance company becomes your insurer. In Life Insurance this is the amount of money the insurer promises to pay when the insured dies before the predefined time. This does not include bonuses added in case of non-term insurance. In […]

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Understand Product Features and Charges For Insurance

Understand Product Features and Charges For Insurance

The worst way of choosing an insurance product or insurer is to blindly follow the recommendation of an agent or a friend. The good way to do it is to shop around for products that suit your need and filter out the ones offering lower premiums for similar terms like age, amount of cover, etc. All details you need about […]

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