неделя, 29 август 2010 г.

Basics of Auto Insurance

Auto insurance is an arrangement wherein the risk and liability in case of vehicle damage or theft is transferred from the insurer to the insurance service provider. The risk is transferred to the insurance service provider on receipt of a consideration, referred to as the insurance premium. There are various trusted and reliable insurance services providers across the globe that provide best in class services based on certain parameters or risk factors.

Some of the typical risk factors covered in an auto insurance policy include – damage from fire, accidental damage, damage from natural calamities and various related conditions.

The process of availing auto insurance is not too lengthy either. Insurance company’s reps can be contacted for in order to seek a favorable auto insurance quote. They might require some of the critical information for policy underwriting. Some of the most common documentation seeked for in an auto insurance coverage include – Driver’s license, ID proof, car receipts, odometer reading, driver’s and insurer’s health records etc.

Basis for determining auto insurance quote may vary from one insurance service provider to another. Age, driver’s safety record, marital status and car’s manufacturing date are few amongst them. For instance, married drivers might end up paying lesser premium than single drivers who are perceived to e rash on roads and hence more prone to accidents.

After negotiating with the auto insurance service provider, auto insurance policy binds the insurer and insurance service provider. In case of any damage or theft, claim can be filed for. Complete details of the event and other relevant details should be provided to the insurance company. They might seek some documentation. Claim can only be filed and approved for the entitled limits as prescribed in the auto insurance policy. Depending on the nature of damage inspections might be done by third party. After submission of report by the inspector, claims can e adjusted for and cheques are issued to the insurer.

With precarious ecosystem, auto insurance is a ‘must have’. It is always advisable to go with a reliable and experienced auto insurance service provider. They can provide seamless services to their clientele.

Unleashing Cheap Auto Insurance

With fast paced life and growing uncertainty it is must to get your vehicle insured with a reliable auto insurance service provider. Availing a cheap auto insurance quote is not that difficult in a competitive market. Most of insurance dealers operate in a cut throat competition and insurers can get to benefit from the tussle between them over capturing larger market share.

Ideally newer cars, safer drivers and smaller cars get to avail cheapest auto insurance quotes in the industry. Car manufacturers have spun separate companies for managing vehicle insurance. While buying a new car three might park the insurance fee of their sister company smartly. Onus lies on the owner to negotiate on the payment terms or on extension of tenure.

Getting quotes for auto insurance from various trusted and reliable players in the industry can assist an insurer in making a smarter decision. Usually, the terms and conditions for payment and claim filing in case of damage are similar for all auto insurance providers. The major battle lies in the competitive rates and risk coverage.

In order to get access to prevailing auto insurance quotes, online channel should be explored. Auto insurance service providers enable seamless support through helpdesk. Auto insurance experts from their team can be contacted for the most attractive insurance quote for your vehicle. At times some insurance service providers might even provide e-mail and chat based auto insurance quotes.

Various live auto insurance quotes websites are also another option which insurers can benefit from. These third party comparison websites can provide prevailing insurance quotes offered by best in class vendors on the same window. Powered with meaningful information on the insurance quotes, insurers can easily select the most competitive auto insurance service provider.

It is highly recommended to go through the terms and conditions of the auto insurance policy. Various critical parameters such as risk coverage, premium and claim policy should be clearly highlighted. In quest for attaining cheapest auto insurance policies, insurers must not forego with lesser risk coverage. Equally important is to engage a reliable and expert auto insurance service provider for your vehicle’s insurance.

Top Reasons For Benefitting From Insurance Products

Insurance solutions can provide endless benefits to one and all in no time at all. The insurance products can transfer the risks from the insurer to the insurance service provider in cases of contingencies on the go. Some of the top reasons for benefitting from insurance products are as follows:

* Insurance solutions can provide apt financial coverage to all parties involved in the insurance contract at all times. For instance, in cases of on road accidents or car damage the auto insurance policy contract can be used by one and all on the go in a professional manner.
* With minimal planning one can get their future financially secured in no time. Instead of poaching several agents and service providers one can get to buy the insurance policies across online channels on the go. The risk factors and underwriting is automated. As a result one can easily avail from the base of competitive insurance policies on own. Based on its overall competiveness and feasibility one can get to avail these on the go.
* These can be availed easily with lesser overheads by the insurers. As a result they can get to mint smarter benefits in a streamlined way.
* Buying an insurance product can provide tax benefits too. Generally the health insurance or personal insurance products are for more than 5 years and apart from providing insurance benefits one can get to mint from investment benefits too. The maturity benefits are passed on to the insurers in case the policy is not availed or cancelled before maturity. The interest accrual is usually 8-10% annually.
* One can get to increase their asset base with these smarter insurance policies in a seamless way. These can help one and all in ensuring their financial portfolio remains in shape even in the toughest of financial scenarios on the go.

Get going and ensure to avail these insurance solutions on the go in a professional way. These can ensure higher returns to the insurers on maturity. The smarter landscape of insurance solutions can easily help one and all in just about no time at all.

Cheapest Auto Insurance Solutions

The auto insurance space has become super competitive over the years with the entry of more players in the segment. However, one of the fastest sub niches has been the online auto insurance space. One can get to gain endlessly from the automated solutions on the go. The auto insurance quotes have been automated through smarter technological landscapes. One can key in their risk factors such as age of the driver, year of car’s make and driver’s medical record etc on the go. The business logic for calculating the auto insurance premium has been automated through these solutions on the go. As a result, these will smartly calculate the insurance premium quote on the go with lesser overheads in just about no time at all. The cheapest auto insurance quotes can be readily availed across the web channel in an efficient way. One of the smartest ways to hunt for a competitive quote is to avail such solutions from a comparative insurance quote site. Based on the risk factors it will list all possible competitive quotes to one and all in just about no time at all. These are indeed highly scalable and flexible base of insurance products which can provide best in class solutions to the vehicle owners.

It is imperative to ensure that the apt coverage is provided against the risk factors at all times. Therefore, customers have to often make a trade off between the quality of solutions and the overall competitiveness. The best in class insurance service providers might not be super competitive however, their services are truly best in class. The customers can engage agents and authorised service providers for availing competitive insurance quotes on the go in a streamlined manner. These are flexible and smarter solutions which can provide apt financial coverage to the vehicle owners in just about no time at all.

Get going and benefit from the scalable insurance services on the go. These can provide best in class risk coverage against on-road accidents, thefts and other unplanned contingencies in a lot smarter manner. The professional auto insurance solutions are must to benefit for one and all on the go.

Benefit From Health Insurance Solutions

Insurance products and services can help in mitigating the risks that can arise from uncertainties on the go. It is imperative to stay protected and covered so that in case of any emergency situations such as hospitalisation, one can be covered financially. The smarter base of insurance solutions can be availed from reliable and trusted insurance services providers. One can get to engage insurance agents too for availing health insurance policies for risk mitigation. Based on the risk factors such as age, sex, profession and annual income etc. the premium of the insurance product can be ascertained on the go.

A typical health insurance policy would provide coverage against possible hospitalisation and medical expenses to the insured parties. One of the health insurance products which have made stronger waves these days is the Floater Health Insurance Policy. It can provide complete family coverage to one and all in just about no time at all. These are highly scalable insurance instruments which can provide complete protection to the insurer and to his or her family members. In order to ensure that one benefits from the most competitive health insurance products one should shop around at various service providers on the go. This can provide them a view of prevalent insurance quotes in the market. Based on their own they can get to avail from the insurance products on the go in a smarter manner. As a result, the need of any third party sources such as agents and the mediators is avoided. The smarter automated systems ensure that insurance policies can be purchased online on the go.

These are essentially custom made solutions which can be availed by one and all based on their risk factors. Therefore, person who has an annual income of $60,000 can get to benefit in a similar manner to the one who has an annual income of $2,00,000. Get going and ensure to benefit from the smarter possibilities through health insurance products on the go. Given the precarious times one should consider these as the must to benefit solutions. These are flexible insurance solutions for one and all.

KNOW YOUR TRAVEL INSURANCE

Travelling is a daily activity for many people around the world owing to avid self interest or due to other compulsions. Travelling is a blend of both adventure and risk and therefore your safety while travelling is very important. You could be a globe trotter, a sportsperson, a business person travelling to clinch business deals and so on; travel insurance can impart a sense of security in every traveler. There is a wide gamut of insurance policies available today that you can choose according to your requirement to cover all your needs.

Travel insurance is not only for covering your injuries during a travel but also it can cover for your losses due to events like delayed or missed departure, trip cancellation or interruption, loss of baggage or valuables, pre-existing medical condition and so on. Travel insurance acts as a back up for all kinds of unanticipated events and reimburses most of your expenses with the basic cover including reimbursement of ticket costs and medical expenses.

Choosing the right kind of policy that accounts in all your requirements is the first and most vital step. To choose the policy that is most suitable for you it is essential to understand what kind of traveler you are. The policy cover differs on the basis of frequency of your travel, the duration of your travel, and also the purpose of travel. Specialized plans like students plan, backpackers plan, over sixty five plan, extreme sports plan, annual plan, family plan etc are available to meet the specific needs of various individuals. The students plan caters to the travel needs of students living abroad and offers cover for even up to a year of travel. Backpackers plan is tailor made to suit the needs of those involved in road related and trekking trips. The over 65 plan is for senior citizens and this plan involves higher premiums as senior citizens are more vulnerable to injuries. Annual plan covers the businessmen and others who travel for most part of the year. Family plan offers insurance cover for your family during travel and the cover can be extended to include tours made by organizations, churches and so on. Extreme sports and ski plans provide cover for risky sports like jet skiing, scuba diving, bungee jumping and so on.
The insurance coverage varies with the insurance companies yet there are certain basic rather mandatory covers that are provided by all companies. Certain countries also require the traveler to have certain kind of insurance cover. Medical insurance is the most important cover that all travelers must have as injuries and ailments occur frequently during travel, and next come the cover for losses and cancellations. Knowing the coverage offered by the policy you choose is very important in order to avoid duplication of coverage as well as to avoid financial losses. You must choose your travel accident insurance policy after proper scrutiny and brainstorming. Knowing what is not included in the cover is also important so that while making a claim you don’t find yourself ineligible for it. Finally it is also important that you don’t spend most of your money on an insurance policy and cut short on your travelling budget. There are many cheap insurance policies and with some amount of research it is easy to find the best deal.

Travel Insurance

What is travel insurance?

Travel Insurance is an insurance which cover all your medical expenses, financial losses and other losses which you made on your travel. In simpler terms, Travel Insurance is an insurance designed in a way to pay for the unexpected expenses or cost which occur in a journey. Travel Insurance will cover your risks not only for the travel made in one’s own country but also for the international travel. Travel Insurance can be taken by a large number of the travelers regardless of the age. Travel Insurance is a multi purpose insurance which insures a various variety of travels. Some of them are: travel, business travel, leisure travel, adventure travel, cruise travel, and international travel. These days it is highly recommended that you take a travel insurance before your journey. The benefits of travel insurance might not be fascinating but they are really beneficial.

What are the expenses which travel insurance cover?

One makes various expenses on his travel. Some of them are voluntary and others are energency. Below is a list of all the expenses which a travel insurance cover:

• Emergency Repatriation.
• Accidental death or injury or something like that
• Tour cancellation
• Theft or damage to personal belongings (including money) and other necessary things
• Various medical expenses
• Cost incurred in the emergency delivery of essential items in case there is a delay in the arrival of luggage.
• Unexpected funeral expenses.
• Expenses on legal assistance
• Certain liability expenses as well.

These are just some of the notable expenses which a travel insurance keep cover of. Different travel insurance policies have different schemes and you might get more cover on various other expenses as well. So it is highly advisable that you select the travel insurance which best suits you.

Which expenses are excluded in the travel insurance?

Till now you have learned about the expenses which a travel insurance cover, but now you will know some of the most common expenses which are excluded from the travel insurance. Below is a list for that:

• Expenses relating to pre existing bad medical condition
• Illness or any other health disorder cause due to the intake of drugs or alcohol.
• War or any terrorism act.

Again these expenses differ in different travel insurance policies. So keep that in mind.

Travel insurance can be taken at the very instant of your trip. There are various travel insurances which only covers the particular trip or a particular part of your journey (whatever you choose to). You can very easily get appropriate travel insurance for yourself. There are various travel agents for the task or if you want you can get good travel insurance from yourtravelinsurance.com. So don’t worry about it. You just make a blueprint of your travel and select a suitable travel insurance related to it. Yourtravelinsurance.com is always at your service. So don’t hesitate in taking his help.

What is Travel Insurance?

Travel Insurance is designed to protect your health, belongings, and your financial investment in your trip. It provides peace of mind for you and your family while on your vacation.

If you are travelling abroad, be it on business or pleasure it is a good idea to consider taking out travel insurance. Whilst it is not compulsory, most travel companies and tour operators usually insist on some form of insurance as a stipulation of their holiday product.

Travel insurance is an insurance product specifically designed to cover you when travelling abroad. We all think about the small things when considering whether to purchase travel insurance, such as loss of money or having luggage stolen. However there are many other factors to consider such as illness & accidents which can also be covered by travel insurance.

Travel insurance is designed to protect and cover against the possible risks you may encounter when travelling abroad. It is of crucial importance if you are travelling abroad, especially if you are likely to pay for any medical expenses that may arise. Other risks include the loss or theft of possessions, the cost of cancellations or claims made against you.

Travel insurance is designed to reimburse non-refundable trip deposits and payments, medical expenses, provide for emergency evacuation or repatriation, cover your personal belongings, baggage and travel delays.

The main reason you need travel insurance is that when you travel to different countries the healthcare services, among other things, can be very different. Sometimes you never know what to expect when you travel abroad, and depending on the particular country, services offered can vary greatly. You have to be prepared to handle any situation that might arise. If you happen to be hurt or become ill in a country that has expensive health care you could find yourself with a bill you did not expect and probably cannot afford to pay. If you are in this kind of trouble travel insurance fits the bill and ensures that you receive the treatment you need.

Travel insurance can cover the following expenses:

Non refundable fees & lost deposits due to cancellation of your trip

Worldwide sickness or accident medical expenses

Travel and Baggage Delays

Damage to or loss of luggage and personal belongings

Loss of Travel Documents

Additional expenses caused by health problems

Accidental Death & Dismemberment

Emergency Evacuation and Repatriation

24 hour Worldwide Emergency Assistance Services

As in all insurance market places, there are many different providers of travel insurance. Type of cover and options will vary according to the company and policy. There are different types of travel insurance policies which in the main can be annual policies or single trip policies. There also different levels of cover available where different activities such as skiing are covered. There are also regional differences such as Worldwide or European cover.

When choosing a travel insurance policy you will need to make a judgement between the level of coverage you require and the cost of the policy. Make sure your policy covers most of the following: Personal Belongings & Money, Personal Accident, Medical Expenses, Personal Liability and Legal Expenses.

But remember like all other forms of insurance look around and check out the options as you can save yourself a great deal of money.

Readers please note : You should undertake your own background checks before taking any action on any aspect mentioned in this article. Where the author has mentioned specific product details or given examples of how companies have reacted to specific situations, these should be correct as far as the author is aware when this article was written. In some cases additional background information not mentioned in the article has been used in obtaining the examples. Some examples or quotes may have been taken from information available in the public domain where all the background details may not be available. Insurers do change policy conditions and underwriting approach. They will view each situation on its own merits.

You should be aware that details of the topics written about within the articles can change. Therefore, always check out the current position before taking any action. You should also check that any action you are considering, or any proposed purchase, is suitable for your personal circumstances.

This article represents the author’s personal views and is not necessarily endorsed by this web site. These articles should not be construed as this web site recommending any product or service.

Compare Cruise Insurance – You Often Get What You Pay For!

When planning a travel vacation or cruise vacation, the last thing that one wants to think about is trouble or cancellation. Thus travel and cruise insurance is often left on the back burner. However, when the time comes to purchase your vacation insurance, be sure that you compare cruise insurance and travel insurance policies to ensure that you are getting what you expect. As always, it’s “buyer beware”!

That’s not to say that all insurance policies and companies are out to deceive you or hide the terms of insurance pay-outs. In fact, most are very reputable. The problem comes when trying to economize while buying insurance. You really do “get what you pay for” in most cases – especially when you compare insurance policies.

There are often so many variables when purchasing cruise insurance or travel insurance that we can become somewhat complacent with what we are purchasing. Again, “Buyer Beware!” Make sure you know what’s available and what’s included in your insurance policy package. As an example, insurance companies like Travel Guard International, America’s largest provider of travel insurance offers a wide range of benefits with their Comprehensive Coverage. Included in Travel Guard’s packages are the following benefits:

· Trip Cancellation – Providing reimbursement of 100% of trip cost if the trip is cancelled under the terms of the insurance policy.

· Trip interruption – Providing reimbursement of trip cost if the trip is interrupted as covered by the insurance policy such as evacuation due to hurricane.

· Trip Delay – Providing reimbursement for additional accommodations or travel expenses if the traveler is delayed for more than several hours.

· Lost, Stolen or Damaged Baggage and travel documents – Providing reimbursements if luggage is lost, damaged or stolen while the insured is traveling, or if travel documents are lost or stolen.

· Baggage Delay – Providing reimbursement for the purchase of essential items if your bags are delayed more than 24 hours.

· Medical Expenses – Providing reimbursement for necessary medical expenses up to one year after the illness or injury providing the insured traveler sought medical treatment while on the trip.

· Emergency Medical Transportation – Covering the cost of evacuation and transportation to the nearest adequate medical facility.

· Travel Guard Assistance – A 24 hour hotline for emergency assistance, medical referrals, prescription replacement assistance, replacing travel documents and more.

· Livetravel – Travel Guard’s round the clock travel agent service for emergency or last minute travel changes such as rebooking flights, arranging hotels and ground transportation and tracking lost luggage.

· Concierge – 24 hour worldwide access to restaurant referrals/reservations, event tickets, tee times, floral services, ground transportation and more.

As well, in many cases, travelers purchasing Travel Guard insurance within 15 days of making their initial trip payment also receive at no additional cost:

· Pre-Existing Medical Condition Exclusion Waiver – protection if pre-existing medical conditions force cancellation or interruption of a cruise or trip.

· Default Protection – providing reimbursement of trip cost if the tour operator, cruise line, airline or other travel supplier declares bankruptcy more than seven days after the effective date of the policy.

· Change Your Mind – protection against cancellation fees when a trip is cancelled for any reason.

Please keep in mind that these benefits are subject to change, but at the time of this printing, are available. The above describes a comprehensive cruise or travel insurance policy. However, as they say, one size dose not fit all. You need to match your coverage requirements and budget restraints. Again, dealing with Travel Guard International, some of their popular products include:

· Cruise, Tour and Travel – Travel Guard’s most comprehensive travel insurance plan.

· ProtectAssist – Solid travel insurance for the budget-conscious traveler – and Travel Guard’s most popular plan.

· Cruise Guard – Travel insurance designed to surpass the protection plans offered by the cruise line.

· Air Ticket Protection – Protects air ticket investment against change fees, adds other assistance services.

· Student Travel Guard – A portfolio of student travel insurance plans protecting students on virtually all types from Spring Break to Semester Abroad.

We have identified, through the use of Travel Guard International’s plans and policies a vast number of cruise insurance options. We have stated before, but at the risk of being too repetitive, I think that it is important to re-iterate. “You get what you pay for. Buyer beware!”

If you would like more information regarding Travel Guard International or would like to get a quotation for cruise or travel insurance, check out our article “Travel Guard International Cruise Insurance.” You can find the link on our Article Map listed below.

You’ve researched for your special cruise. You’ve found a fantastic cruise deal on-line. You’ve booked that cruise on-line. You’ve protected your cruise vacation investment by booking your insurance on-line. Now all that’s left to do is to get excited!

Readers please note : You should undertake your own background checks before taking any action on any aspect mentioned in this article. Where the author has mentioned specific product details or given examples of how companies have reacted to specific situations, these should be correct as far as the author is aware when this article was written. In some cases additional background information not mentioned in the article has been used in obtaining the examples. Some examples or quotes may have been taken from information available in the public domain where all the background details may not be available. Insurers do change policy conditions and underwriting approach. They will view each situation on its own merits.

You should be aware that details of the topics written about within the articles can change. Therefore, always check out the current position before taking any action. You should also check that any action you are considering, or any proposed purchase, is suitable for your personal circumstances.

This article represents the author’s personal views and is not necessarily endorsed by this web site. These articles should not be construed as this web site recommending any product or service.

Have You Read the Small Print on Your Travel Insurance Policy?

You’re all ready to jet off on holiday. You’ve got your bags packed, reservations confirmed and travel insurance sorted so that you’re covered if anything goes wrong – or are you? If you didn’t take the time to read the small print on your travel insurance policy, your bargain holiday might not be as cheap as you expect when you try to recover the cost of the digital camera stolen from your bags.

There are some standard cover benefits you can expect when you take out a travel insurance policy – and with them, some fairly standard terms and conditions for what will and won’t be covered in the event of a claim. Here are some of the most common policy conditions that can cause problems, and some tips to avoid them.

* Claims for Stolen Possessions
Your insurer expects you to take reasonable care of your property. If you don’t and it’s stolen, they may not pay out. The policy document will confirm the conditions under which the cover will not pay out for stolen possessions. In general, if you’re bringing valuables along with you – including expensive mobile telephones or digital camera equipment – you should never leave them unattended in your hotel room or accomodation. If at any time you won’t be carrying valuables with you, they should be kept in a locked safe.

By the same token, your insurance company is unlikely to pay out for belongings taken from unlocked baggage, or left unattended in any public area.
* Claims for High Value Items
Even if you do take reasonable care with your possessions, many policies limit the amount that they will pay out for any single item. If you’re bringing along expensive jewelry or equipment such as your laptop, expect to pay extra to insure it specifically. Alternatively, check with your home insurance company as some policies can cover certain valuables away from the home.
* Multiple Excesses
Whilst all travel insurance policies have a standard excess, some apply this for every person travelling and/or for each claim event. This might sound nothing unusual until you insure a party of four travellers with a standard £50 excess and all of your baggage is lost or stolen. With a multiple excess you’ll have to pay the first £200 of the claim, not £50. This can also apply for claims which appear to arise from a single event but a multiple excess is applied. For example, if someone snatches your handbag but your camera falls out in the struggle and is smashed, you might have to pay two excesses. One for the theft of your handbag and one for the damage to your camera. Look out for this in the small print of your policy.
* Accident Claims
Just as insurers expect you to take care of your property, they also expect you to take reasonable precautions with your health and personal safety. Most policies specifically exclude injuries or accidents that happen while you’re intoxicated, so if you trip and fall down the stairs after knocking back half-a-dozen shots at the bar, chances are that you won’t be covered for any related expenses.

In addition, most policies will not pay out for injuries that happen in the course of extreme sports. If you’re planning on doing some whitewater rafting or cliff-diving, look into separate insurance cover for those specific activities.
* Winter Sports
If you’re holiday includes skiing or other winter sports, you’ll probably need separate cover as well. Many of the major insurers offer separate winter sports cover tailored to the risks and needs associated with activities like skiing, sledding, snowboarding or any other winter sport.
* Terrorism
While your policy may cover losses arising from terrorist activity, that cover can vary from insurer to insurer. However, no policy will cover you if you choose to travel to a country against the recommendation of the home office. You can check travel advice by country at the Foreign and Commonwealth Office website at fco.gov.uk.

Being aware of the exclusions on your policy can help you cover any gaps or holes in the protection it provides. Take the time to read the small print before you go, and you won’t find yourself a victim of small print exclusions when you need cover the most.