Majority of Americans say health insurance costs have risen
Dec 10, 2011 Insurance Planning Leave a comment | Tags: Health Insurance, Health Insurance Costs, Insurance Costs, Risen
A recent report from Gallup highlighted numerous healthcare-related trends in the U.S. Among the findings is that the majority of Americans say that their health insurance costs have risen.
According to Gallup, 44 percent of Americans say that health insurance cost has gone up a little, while 29 percent say that their health insurance costs have gone up a lot over the past year.
Despite the fact that 73 percent claim rising health insurance costs, 59 percent of Americans are satisfied with the total cost that they pay for healthcare.
In addition, the “satisfied” percentage is notably higher for both those in the age group of 65 and older (77 percent) and also those who have Medicare or Medicaid insurance (76 percent). In
Government urged to address flood insurance
Dec 4, 2011 Insurance Planning Leave a comment | Tags: Flood Insurance, Insurance
The Government is being urged to announce proposals to address the matter of flood insurance after June 2013, when the Statement of Principles expires.
The Statement of Principles was made between the ABI and the Government, and commits insurers to providing flood insurance (in given circumstances).
As insurance policies frequently last a year the matter needs resolving prior to June 2012.
Stakeholders from the property industry have issued a collective call for the matter to be addressed, with estimates suggesting more than 200,00 homes could be affected.
The ‘Know Your Flood Risk’ campaign co-hosted a debate with representatives from a wide range of organisations, including the ABI, RICS and the CML, attending the round table strategy session.
ABI Assistant Director and Head of Property James Dalton said that everyone wants flood insurance to be widely available and competitively priced and called on the Government to come up with a solution prior to the expiry of present arrangements.
Ever since the historic floods of 2007 the danger of flooding and insurance against it has been more prominent in the public consciousness.
In the last few months alone the ABI has reassured and offered advice to homeowners in Scotland and Northern Ireland, Wales and south-west England who have suffered flooding.
Pre-Paid Funeral Coverage
Dec 3, 2011 Insurance Planning Leave a comment | Tags: Funeral Expense Insurance
The most thoughtful gift you can ever give to your family is to prepay for the funeral you will one day require. By purchasing pre-paid policy plans, can spare your family. You can save them from the gut wrenching task of choosing the casket that they will place your body in for it to be lowered into the earth. You cannot spare them the grief of your loss or the emotional turmoil of attending a service to say goodbye to you but you can save them from having to make almost impossible decisions while they are wracked with grief. You can also save them from having to try and figure out where they will get the money to pay for the funeral. Read full article…
Could Talking on your Phone Increase your Car Insurance?
Dec 2, 2011 Insurance Guide Leave a comment | Tags: Cheap Car Insurance
You are probably already aware that talking on your mobile phone whilst you are driving your car is illegal and, if caught, you could be subject to a range of legal action. This means you should never use your phone in the car – but did you know that if you do, it could also have an impact on your ability to get cheap car insurance?
This is because, if you get caught talking on the phone while you are driving, it will show up on your driving record. This will usually take the form of 3 penalty points and a fixed fine, but if your use of the phone led to an accident you could also be prosecuted for dangerous driving, which is much more serious.
When you apply for car insurance, you have to give details about your driving history – including any driving convictions and points on your license. Thi Read full article…
Insurer IAG seeks Government input
Dec 1, 2011 Insurance Guide Leave a comment | Tags: Iag, Iag Seeks
Weather specialists in Australia have predicted sever storms and cyclones this coming summer, giving insurance companies like Insurance Australia Group (IAG) a lot to worry about.
CEO of insurance giant Insurance Australia Group, Mike Wilikins is calling on Governments, and other industry bodies to address the current levels of natural disaster and infrastructure protection.