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Tips how to find the best family Health Insurance

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If you live with more than one animal in your home, then family health insurance plan that you’re probably needs.

But how do you know about these plans? Have a basic understanding of how to make family health insurance plans before going out hunting. The medical costs of today seems to be growing, so they want a real challenge for those who insure their families. Read the rest of this entry »

Sweeping Health Care Plan Passes House

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nancy_pelosiHanding President Obama a hard-fought victory, the House narrowly approved a sweeping overhaul of the nation’s health care system on Saturday night, advancing legislation that Democrats said could stand as their defining social policy achievement.

After a daylong clash with Republicans over what has been a Democratic goal for decades, lawmakers voted 220 to 215 to approve a plan that would cost $1.1 trillion over 10 years. Democrats said the legislation would provide overdue relief to Americans struggling to buy or hold on to health insurance. Read the rest of this entry »

6 things to know before you file a claim

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insurance-claimHave you ever been hesitant to tell your car insurer about minor damage to your car because you were afraid your rate would go up?

The Insurance Information Institute reports that the average expenditure for car insurance has steadily increased each year since 1999. If no other party is involved, you may be tempted to keep quiet about a minor claim.

But why have insurance if you can’t use it when you need it?

“People are often too petrified to file a claim because they think they won’t be able to afford a premium increase,” says Eric Tyson, the author of “Personal Finance for Dummies.” Read the rest of this entry »

Insurance Agents E&O Claim Trigger

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Insurance_AgentsInsurance Agents E&O Claim Trigger We came across an article on insurance agents E&O (errors & omissions, or professional liability) with some misleading information.

The article, which unfortunately is not available on the web, states that receipt of a subpoena is a claim under an insurance agents E&O policy, and therefore should be reported to your E&O insurer. Unfortunately, the article is misleading.

The receipt of a subpoena by itself does not constitute a claim under most insurance agents E&O policies. However, you probably should report it under your E&O policy in an abundance of caution, and to have the benefit of expert advice before complying. Read the rest of this entry »

A Guide to Car Insurance

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car-insuranceWhile thinking about car insurance is just about as exciting as watching paint dry, it is a necessity. Most of us will have to pay for motor insurance and, is a legal requirement if you are driving a vehicle on the roads. Yet many of us still do not know enough about the product and what the cover entails.

When shopping around, or indeed buying car insurance for the first time, it makes sense to know what kind of policy would best suit your circumstances. This particular issue centres around what you are driving and for what reason.

There are three different levels of car insurance cover. The basic product is standard Third Party insurance. This covers a few eventualities that may occur when you are out on the road. Read the rest of this entry »