Do you rent a home or a flat? Chances are, if you are a renter, all of the furnishings and belongings in your home or flat belong to you. Generally, when a flat or home is rented furnished, the owner will have insurance coverage in place for the furnishings that are included with the rental. The stationary fixtures, such as flooring, cabinetry and appliances will be covered under the policy of the owner. Any items you bring into the home or flat will need to be covered under a separate insurance policy that you’ve secured on your own. This policy will be separate from the owner’s policy. All of your furnishings, entire wardrobe and jewellery will need to be covered under this policy. These insurance policies are referred to as renter’s insurance. If you’ve spent years accumulating furnishings and apparel, the cost of a renter’s insurance policy will be nominal in comparison. [Read more…]
The business of insurance is one of chance. People that set the premiums for insurance companies would make great gamblers. They could use their odds of something happening in the real world and apply it to the chances of winning something if they wanted to bet. Mathematicians have already worked out the odds of a Powerball Lottery win at 41,000,000 to 1. The strange thing about that is if the first division prize is more than £41,000,000, isn’t it worth spending that amount to win? The big problem there is if there are multiple winners. Oops! [Read more…]
Nowadays it seems like there’s insurance for absolutely everything, from the mundane but essential home insurance to the weird and specific insurance types against zombie apocalypses and much more. Some say insurance is a gamble and with the strange types available such as death by falling coconut, it can seem that way. [Read more…]
For many, having an accident at work is much more than a simple inconvenience, it can be a life changing event that has a knock on effect for the rest of their life. It can be a tough decision to make an accident at work claim * against an employer, for many there is a sense of loyalty and trust that can be seen as being broken if a claim * is made, as well as other worries that can mount up on the claimant. Ultimately though, if there is demonstrable negligence from your employer within the circumstances of your workplace injury you are entitled to make an accident at work claim * against them. [Read more…]
Financial security for the entire family is within reach through life insurance. This is when a person, called the insurer, signs up to an insurance scheme with any of the life insurance providers available. He will have to set up a time frame for the policy, which is usually 20-25 years. Then he needs to pay a certain amount of money, called premium, to the insurance company at a specific interval.