Road Accident Compensation

 

Owner liability states that even if a vehicle is borrowed to a third party, if an accident ensues, the owner may be jointly liable for damages caused by the third parties fault.

Company / Employer Liability: This states that here an employee is driving a vehicle "on the job", or within the course and scope of employment, the employer can be jointly liable for injuries caused by the employee's negligent driving conduct.

Mobile Phone Usage: Mobile phone usage whilst driving is banned in the UK. Employers may want to consider the following best practice guidelines. Mobile phones should be switched to voicemail when the user is driving. Emergency calls only should be made / received when on the move

Employees should be encouraged to only make or receive calls - even with a hands-free kit - when they are safely parked away from the road. Any accident caused in this way will affect any road accident compensation claim .

Insurance Cover

Uninsured Driver - Unfortunately there are a growing number of people who are driving without any car insurance, an MOT and in some cases a driving license. In the UK, there is an organisation called the MIB (no they don't wear black suits) which stands for the "Motor Insurers Bureau" who deal with paying out claims against uninsured drivers. This was set up to offer victims of uninsured drivers a way to gain a A road accident compensation claim that could then be reclaimed from the uninsured.

Underinsured Driver - Underinsured Motorist coverage is the term used when the other vehicle's policy limit is inadequate to pay for all your damages.
Provided you have a Standard Policy, your own insurance company may pay for damages to your vehicle caused by; any person or organization who did not have liability insurance at the time of the accident. Any person or organization who had adequate liability insurance coverage at the time of the accident, but for some reason, the company writing the insurance denies that their policy provides coverage for the loss. Any person or organization who did not carry enough insurance to pay for your damages in full. If you only have a Basic Policy, you do not have any protection if your vehicle is damaged by either an uninsured or underinsured driver.

Insurance Company Bad Faith - Anxiety and distress are natural emotions caused when an insurance company refuses to pay. In many circumstances there may be a legitimate reason for the insurer not paying, but there have also been a number of cases where the insurance company's refusal has been considered unreasonable, unfair and in 'bad faith'. In legal terms, the insurance company has acted in breach of contract.

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Julian Hall is the director of http://www.claimsmastergroup.com .The personal injury, accident claim, no win no fee, road traffic accidents specialists. Call 08000 71 22 71 for advice.

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Mobile Phone Insurance

Is Mobile Phone Insurance Worth It?

 

Although insuring your house and your car are seen by most as essential, the opposite can be said for mobile phone insurance. Insuring a mobile phone is seen as a luxury and something that you can do without. However, insuring your phone can be worthwhile and can save you money. Here is some advice to help you decide whether mobile insurance is right for you.

How much does it cost?

Mobile phone insurance is relatively inexpensive, with cover starting at around ?25 per year and going up to ?100 depending on the level of cover that you want.

Ways to get insured
The two ways you can get hold of mobile insurance are to buy insurance from your airtime supplier or to go to an outside insurance source. The obvious advantage of using your airtime provider is that all your mobile phone costs are with one company. This means you can call to cancel your phone if it is lost or stolen and get a new phone sent straight away. Of course, the disadvantage is that the cost and level of cover you get may be different to what you need or are willing to pay. Your best bet is to shop around before you buy any mobile phone insurance.

Features of mobile insurance

When looking for phone insurance there are a number of features you should look for. The main feature of the insurance should be the replacement of your phone should anything happen to it. Most insurance policies offer this, although you have to pay an excess payment on some whilst others will only send you a second hand phone of a similar specification. Another feature you should look for is cover for unauthorised phone calls should your phone be stolen.

Advantages of mobile insurance

The advantages of mobile insurance are that you are covered should your phone be stolen, which is becoming an increasingly common occurrence. Losing or having your phone stolen can cost hundreds of pounds, because replacing the actual phone costs a lot more than getting a contract. Also, you run the risk of having huge phone bills run up on your stolen phone if you don't report it quickly. For a small amount of money each year it does make sense to get mobile phone insurance.

Alternatives

Although phone insurance is a good idea, if you are someone who has never lost his or her phone or simply doesn't take it out very much then you might not need insurance. If you keep a security lock on your phone then no one else can access it should it be stolen.

Also, it is possible to insure your phone under your home contents insurance for around ?30 a year. If you take out an 'all risks' policy your phone is insured against theft and loss in and outside the home. The problem with this type of insurance is that you are not fully covered for calls and payout may take a while. If you have an expensive phone and you think you might lose it, then mobile phone insurance is the quickest and cheapest way to make sure you are compensated.

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About the Author

Peter Kenny is a writer for creditcards-gb For additional articles and an extensive resource for everything about credit cards, please visit us at http://www.creditcards-gb.co.uk and http://www.thriftyscot.co.uk/Insurance/

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Kidnapping And Ransom Insurance

The Need For Kidnapping And Ransom Insurance

 

Kidnapping for ransom money is on the high. Kidnapping and ransom insurance for businesses now comes up in three categories.

It comes up first, as a part of comprehensive business insurance package, second, as a stand-alone policy for people, and last, some of the insurance companies provide it as a part of their home owners' insurance policy.
Corporate policies normally cover most kidnapping'related expenses like hostage negotiation fees, lost wages and the ransom amount. On the other hand, a stand-alone policy for an individual plays a pivotal part in paying for the cost of dealing with a kidnapping. However, it does reimburse for ransom payments.

What is Kidnap and Ransom Insurance?
Kidnap, and Ransom Extortion insurance gives you numerous benefits and services. Apart from providing coverage for kidnappings and other happenings through a blend of financial indemnification and expert crisis management, a basic policy covers items like ransom payment, loss of income, and medical care.

In addition, insurance companies can also give you some expert opinions on crisis management and can impart employee training to prepare them if the situation arises. This training can help them immensely in giving them the feel of what to do in a hostage situation to reduce losses due to kidnapping or ransom.

When Do I Need Kidnap And Ransom Insurance?
According to one estimate, kidnap extortion and detention are real dangers for business firms operating both overseas and in domestic markets. Though, the top management of these firms always overlooks these things by saying that it will never happen to them. They do not understand how much damage it can do to the company. With more than 1,000 annual kidnappings of business professionals and executives all around the world and a number of terrorists attacks, such policies are an absolute necessity in the eye of life and health insurance professionals who travels internationally.

Kidnap and Ransom insurance policies give a muchneeded cushion to your business with regard to independent investigations, collaborations, arrangement, delivery of funds, and number of other services pivotal to a safe, speedy and satisfactory resolution.

Extortionists don't discriminate. Any business firm of any size can be a target for extortion threats against the firm and its employees. People tend to think business extortion and kidnapping always happen with firms that are global in nature. Radical groups and criminals are present everywhere. Kidnapping and ransom insurance will help you manage the costs linked with an extortion threat against your products, or your employees

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About the Author

David Gass is President of Business Credit Services, Inc. His company publishes a free weekly e-newsletter on Small Business Consulting at their web site http://www.smallbusinessconsulting.com

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Auto Insurance High Risk

 

 In most cases it is up to you, the driver, to ensure that your auto insurance company offers you the minimum required.

Specific ways to save money on auto insurance:

1. This scenario is the auto insurance equivalent of guaranteed access to low-priced auto insurance that takes care of every possible repair, including damage already done, until the day the car falls apart so completely it's unsalvageable (death) or reaches 200,000 miles (Medicare), regardless of whether she even changes the oil (takes care of herself) in the interim. In case you don't have coverage and you do get suspended, you can still get an auto insurance policy before the date of suspension.

And, if you use a homeowner's insurance company that also covers your auto insurance as well, chances are you will get the bulk, discounted rate. Also, remember that you can qualify for a better deal from your current auto insurance company if you have many insurance policies with them such as a combination of car, home and life insurance, which can cost cheaper as a group when compared to buying individually. Most states and most countries will require a certain level of cover, from full comprehensive car insurance to third party auto insurance.

Most states require all drivers living within their borders to carry a minimum level of auto insurance. If you own a home, ask about combining your homeowners insurance with your auto insurance. It is often found that auto insurance premiums for the same car model and similar coverage, differ from one car insurance company to another.

Unlike an auto insurance policy however, a notary bond is simply a guarantee that the funds will be available should a loss occur. So in case your car is damaged the auto insurance company will pay for rental costs, (sometimes only for a few days). If you are renting a car in another country you should definitely consider purchasing coverage at the rental counter as most personal auto insurance policies only cover their owners in the country where the policy was written.

When you change auto insurance companies, the new agent or insurer can generally change carriers while you wait.



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Want more information on auto insurance? Then check out my site for more information and resource links here: Auto Insurance High Risk

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Any Such Thing As Affordable Life Insurance

Is There Any Such Thing As Affordable Life Insurance?

 

Do you need affordable term life insurance? This seems to be the million-dollar question. When you want to purchase life insurance you often do not know how much you need or if there is such a thing as having too much life insurance. What constitutes affordable life insurance and how much you need is totally dependant upon your own situation.

Don't be fooled into determining the amount of insurance you should have to what your best friend or neighbour has. Remember, every situation is unique and your needs will be unique. Your need will be determined by what you wish to see happen in the event of your death. You do have to look at the life insurance cost of the premiums and decide how much you can afford from your monthly budget. There is affordable life insurance available at very low premiums and that will help your family out in the event of your death.

When considering what affordable life insurance is needed in a family situation, you need to do a life insurance comparison. This will help you get the most affordable rates and there are countless life insurance companies able to help you in this regard.

In order to determine how much life insurance you should have, a number of factors need to be considered. For a person with family needs, these may include such things as:
? Do you have dependants? If so, how long will they be dependant upon you?
? Do you have children? If so, how old are they?
? Do you want to insure your children have a post secondary education?
? Will your household income be greatly reduced upon your death? If so, how much income do you need to replace so your family maintains their standard of living?
? How long will you need to replace your household income?
? What taxes may be incurred upon your death?
? Do you need to cover debt obligations such as loans or a mortgage?

When you try to determine whether or not you can afford life insurance, think about whether or not your family can afford to be without affordable life insurance.

You can find affordable term life insurance, but you need to establish exactly what you need first.


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For a website totally devoted to Life Insurance visit Peter's Website Life Insurance Answers at http://www.life-insurance-answers.com/ and find out about Life Insurance as well as Cheap Life Insurance at http://www.life-insurance-answers.com/cheap-life-insurance.html and more, including Online Life Insurance, Term Life Insurance and Life Insurance Agents.

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