FCA to intervene in insurance add-ons market
Industry regulators are beginning to look into an insurance company practice, whereby companies attempt to sign up customers for ‘add-on’ products by placing pre-ticked boxes on forms. However, the industry has responded that this practise has been all but abandoned....
UAE insurance rates falling
A risk management global insurance index taken by Marsh showed that Insurance rates in the UAE have developed in line with Continental UAE and Asia-Pacific. UAE insurance rates fell during the fourth quarter of last year.The US showed the only rise in overall rates....
Rip-off insurance phone lines set to be axed
As the cost to those affected by the recent storms continues to rise, there’s talk of stopping the premium-rate lines used by every eight in ten insurers. Many are disgusted by the amount of personal and financial struggle that is plaguing the homeowners who found...
Surprise fall in home insurance claims, despite storm damage
Over the past few weeks, certain areas of Britain have been battered with gale force winds and storms that have left not only homes, but entire towns flooded for days, many even spending Christmas without proper shelter or power. Despite this, 2013 has seen one of the...
Subsidence Insurance – Part 2
Protect Yourself There are a couple of things you can take into account if you’re interested in keeping subsidence at bay. For one, any vegetation you plan on planting should be as far as possible from your house or any outbuildings you have on your property. Any...
The importance of Landlord Insurance
With seemingly unrelenting economic issues in this country, there are many who find they’re becoming landlords to make money on a property that they’d otherwise sell at a loss. No matter how you plan on renting out a property, you must make sure you’re properly...