INFO TERBARU

n fairness the refusal/inability of companies to honour financial obligations is not a problem unique to insurance companies. All organisations rightly focus more on generating revenue but some become reluctant when called upon to fulfil promises to their clients involving financial outlay. I conducted an experiment recently involving my mobile phone provider. As my contract was nearing the end after a two-year period, I contacted them and as usual followed the steps as directed by the automated answering machine. Astonishingly, after waiting for 20 minutes to speak with a staff, I was disconnected. This happened twice so when I rang the third time, I went for the option that linked me to staff in the sales unit and was instantly connected to a staff. Of course when it became clear to the staff that I was not after a new contract I was transferred to the cancellation team and continued to wait. Without exception all countries where insurance companies operate will have some unscrupu

Insurance comparison websites simplify the insurance buying process and most people now buy insurance through these sites. Once you know the class of cover you need, you type a few details into any of these sites and instantly gain access to multiple insurance companies with the cheapest quote displayed in a few seconds. While the process of buying insurance especially car and home insurance appear simplified, same cannot be said of the products. The insured enters into a contract every time he/she buys an insurance policy and like any contract needs to be examined carefully to ascertain its suitability for the buyer. The frequency of advertisement in both the print and electronic media by the owners of these sites drowns out complaints and muttering of people who may have had a claim declined because they based their insurance purchase decision on price (premium) alone. As a way of illustrating how the use of price alone to select an appropriate insurance policy could be problema

While we wish for a fun-filled and smooth-sailing life with no accidents, illnesses or damages to our property, the unexpected can sometimes occur in the most unlikely of timing. These unexpected misfortunes can wreck our lives or even the lives of our family members. While we cannot predict the future, we can still prepare for any misfortunes that might arise. One of the best way to do so is to get appropriate insurance coverage to cover you financially for any accidents or illness that fate can throw at you. You can also apply for appropriate insurance schemes for your family members. Insurance is thus necessary as it helps to elevate your financial burden in the event an unfortunate accident were to occur. It also lifts the financial burden your family will have to bear in the absence of insurance. Insurance is thus a vital component of your financial health. The key is to select the appropriate insurance plan for your varying financial needs. This article will touch on the key

There are several aspects to consider whenever as a woman you set up your mind to buy your own car. And besides all these aspects regarding the car itself you have to take into account including the auto insurance you are about to conclude. In this respect you need to be aware of the fact that the type of car you purchase has as well a great impact on the type of your auto insurance. You have to know that a cheaper vehicle can belong to the range of low insurance rates therefore they might work out as being the best. This is why the characteristics of your car have a word to say when it comes to the auto insurance quote. It is also a fact that deciding to buy a small and cheap car doesn't necessary lead to an auto insurance that is also cheap. Driving history can be a factor to determine the level of the actual insurance, although there is this general aspect known to draw lower car insurance quotes once the driver is a woman. But regardless of being a male or female driver, there

The ever-changing challenges that the insurance industry faces, has made it imperative for insurers to leverage the powers of data and analytics. The valuable insights derived from analyzing data propel insurance companies to find a solution to business problems. Analyzing structured data related to policyholders, and unstructured data from different sources, including social media, aid insurers to analyze the risks involved in insuring an individual who has opted for an insurance policy. This is also necessary for deciding the premium to be charged. In addition, Big Data and analytics have also profoundly affected customer insights, claims management, and risk management. Here are five ways Big Data has transformed the insurance industry: 1. Standing out in the crowd - The competition prevalent in the insurance industry makes it important for every insurance company to define and prove its efficiency over its competitors. This can be ensured offering their products at a lesser pric

The vehicle telematics system and User-Based Insurance (UBI) are key trends in the auto insurance industry and expect a disruptive change in the near future. Digital technology is transforming the insurance marketplace enormously and the insurers are investing significant attention to meet the customer expectations by adopting vehicle telematics system. The customer vehicle integrated with the telematics system helps to calculate insurance premiums which is dependent on the distance covered by the vehicle, the speed the driver maintains while driving, and also the overall driving habits of customers as this information can be read and stored by the telematics app and made accessible to not only the insurers but also all stakeholders. Vehicle telematics is recalibrating the auto insurance industry expectations and opening new ways to reach out to the clients. The rise of vehicle telematics not only changing the policyholders' demands, but also disrupting the way it should be supp

Q: I was wondering if you could post a list of companies that offer Colorado free car insurance quotes. I live in Boulder if that makes a difference. Lastly should I only use the well known companies or are they all pretty much the same? Thank you. A: Let us answer your question in the order it was asked. *All companies doing business will offer you an online quote. Just be sure it is the actual quote and not a come on or estimate. You don't want to wind up paying twice what the estimate was. *Auto insurance policies are cheaper in Boulder than in most larger cities. If we remember correctly boulder has just north of 100,000 residents. *Finally the dirty secret of auto insurance is that most companies are pretty similar. There are some that will shine with excellent customer service or incentive programs, but quotes for policies with about the same amount of coverage are going to cost about the same amount of money. Hopefully the above information will allow you to find a grea

Edmonton definitely lives up to its nickname, "Gateway to the North." Being the fifth largest city in Canada and the home of almost 1 million people, Edmonton is flourishing. Together with its infrastructure growth and population, there is a surge of vehicles on Edmonton's roads. All these drivers need to get around, and there's no shortage of routes to get anywhere; with a network of connecting roads, you can get from Summerside to St. Albert with ease. Whether you're taking a road trip across the prairies or commuting daily via Calgary Trail, all Edmonton drivers need car insurance. Rates are changing in Alberta, which is why every driver in Edmonton should take advantage of price comparison shopping to get the best rate. Let's see what's going on with auto insurance in Edmonton. The Average car Insurance rates in Edmonton and Alberta Alberta auto insurance premiums on average were $122/month in 2017, while Ontario auto insurance premiums averaged ar

Accidents happen. It is just a fact of life. Safety is the best prevention, but sometimes the inevitable cannot be avoided. Having insurance is a worthwhile investment for protecting you and your loved ones. However, getting insurance of any kind can involve a lot of jargon that is not always easy to grasp. Before taking the leap into monthly payments, educate yourself so that you get a plan that works best for you. An insurance agent can help fill in the gaps, but below is a group of terms to become familiar with. Even if you already have a plan, this guide can help you better understand the terminology. General Terms A premium is the amount of money that must be paid to the insurer who provides coverage. This fee is usually due on a monthly basis. To achieve a lower premium, shop around for the best possible quote and try to maintain a good credit record. The deductible is the portion of money that you, the policyholder, must pay in the case of an accident. The insurer is then res

e of the biggest desires one has to achieve is security. A person has a lot of dreams but one of the most justified and innate of them is getting security. Insecurities are the root cause of anxieties, panic attacks and depression. The insecurities of job or losing someone special are the most common type of insecurities. Financial security is one dream that one strives hard to achieve. People in India work very hard to get a government job, though the salaries might not be very attractive in the government sector still many strive for it. Their motivation is job security. Throughout mankind we have given lot of importance to security at various aspects of life. Security is a highly pervasive term. Even the nation spends billions of dollars in defense equipment to secure the nation. In a major survey, many respondents were interviewed and were asked, what their biggest goals were, amongst their goals achieving financial security featured in the list of many respondents. The need for

Share this article on Pinterest 1 We all need Insurance at some point of time in our lives. Choosing the best insurance plan which best fits your requirements is an important decision not just for you but also for your family and it can be complicated. Be it Life Insurance, Health, Motor, Personal Accident, Retirement Plans, Travel, Home Insurance, etc.With more than 30 insurance companies, offering over 300 products, the challenge customers face today is not that of buying a policy but purchasing the right policy, that best suits their needs. But Insurance is deemed as a complex subject and not many have the time or inclination to understand the nitty-gritty of the policies. So the need of the hour is to have simple, jargon-free explanation of Terms & Conditions and a step by step guide for customers, to pick the right policy. Follow these simple steps if you are planning to purchase any insurance policy: 1) Be sure about your requirements- Not all policies are the same. For e