Author Archive
Don’t Hesitate When Making An Insurance Claim
More and more people are complaining to the Financial Ombudsman regarding claims on their insurance policies. There appears to be some confusion about what exactly is covered in a policy and how a claim should be made.
According to the Daily Mail, here are some tips to help ensure your insurance claim goes smoothly:
Car Insurance Claims
Immediately [...]
Lack Of UK Indemnity Insurance Puts Patients At Risk
According to the UK’s leading medical defence organisation, the UK is one of the last countries in the EU to carry on with an outdated system of indemnifying doctors. As a result, current policies could lead to a higher and unnecessary risk to patients being uncompensated in the event of clinical negligence.
In the majority of [...]
Fortis UK Insurance Division Not To Be Sold
In spite of Fortis taking on a similar fate to UK and US banks, they are not planning on selling their UK insurance division despite pledging to sell some of its other assets as part of the bailout deal.
Fortis said the group’s partial nationalisation had not affected its UK division and told their clients not [...]
Wealth Of Average Brit Means Easy Target For Muggers
According to Zurich Insurance the ‘walking wealth’ of the UK has reached a massive £44 billion making Britons an easy, and lucrative, target for muggers. In its “Walking Wealth Survey” Zurich shows that the average Brit will carry around £972 worth of personal items every time they go out in public.
This is an increase of [...]
Exit Penalties Free Up Pensions
Millions of people who have pensions tied up in life insurance funds will breath a sigh of relief as they will be given control over their investments.
What has been hailed as a “pension revolution”, according to Times Online, will mean that up to £350 million in protected-rights pensions will be allowed to move to self-invested [...]
Fortis Could Be Eurozone’s First Major Credit Crunch Victim
Financial group Fortis looks to be headed toward the same fate as many US and UK insurance and banking giants in the past two weeks. The Belgian-Dutch banking and insurance business may be sold to ABN AMRO Dutch banking subsidiary.
The Belgian government will guarantee all retail deposits says a leading minister. Belgian law stipulates only [...]
Car Sharing – Are You Annoying?
Carrying on from our other article on car sharing, the question is asked, “are you annoying” when it comes to sharing a car ride to work, to the pub, or wherever you may go when car sharing.
For the most part, people sharing a ride is an effective way to save money on petrol, lower emissions, [...]
High Petrol Prices Ignites Car Sharing Trend
Recent research by the AA Insurance says Britons are heading becoming a car sharing nation due to the high cost of petrol prices.
Figures show almost half the population that was surveyed are considering car sharing yet only about 11%, or 1 in 10, admitted to actually sharing the drive.
As petrol prices continue to add pressure [...]
AA Reports Latest Road Casualty Figures
A recent report by AA car insurance said that one third of fatal road accidents last year were caused by loss of vehicle control and temperament, asking drivers to pay more attention to the road.
For example, crashes among young drivers, in particular males, could mostly be attributed to driving speeds and behaviour behind the wheel. [...]
Washington Mutual Taken Over By JPMorgan
Washington Mutual collapses under the continued onslaught of economic pressures in the largest US bank failure in history.
JPMorgan Chase took over the failed savings and loan giant for a $1.9 billion deal announced by the US FDIC on Thursday. Washington Mutual, also known as WaMu, was the latest bank to fail due to heavy exposure [...]
