Home insurance main target for fraudsters

0
by Danielle Bailey January 11, 2011 in Insurance News

Home insurance is now the number one target for insurance fraud, with latest industry data showing that 170 of the 335 fraudulent insurance claims detected each day, on average, are cheating householders.

According to the Association of British Insurers (ABI), typical fraudulent household claims involve “accidental” damage to carpets and furniture due to drink spills, which have been caused deliberately.

However, fraudulent motor claims are the most costly: 108 bogus motor insurance claims, worth £1.12 million, are exposed by Britain’s insurers each day, out of a total of £2.3 million in fraudulent claims.

Read more…

Association of Medical Insurance Intermediaries unveils new website for consumers

0
by Tiffany Parker January 11, 2011 in Insurance News

The Association of Medical Insurance Intermediaries (AMII) has launched a new website which aims to give clear and impartial advice on private medical insurance .

The site offers guidance about what health insurance is, the benefits of getting independent advice as well as a glossary of private medical insurance terms. It also includes a find a broker section which enables the public to search for members specialising in the type of private medical insurance product (domestic or international) they are looking for.

In launching the site Andrew Tripp, Chairman of AMII, said: “The consumer focus of the new website really supports health insurance intermediaries in providing generic and useful information for potential clients. For brokers themselves the site also includes details of AMII membership benefits and application form to join AMII. Read more…

How to Keep Healthy in the First Semester

0
by Tiffany Parker December 23, 2010 in Insurance News

The first semester at international university is a whirlwind of experiences – new friends, new food, new surroundings and a whole heap of new bugs. Common illnesses you may be able to cope with at home can knock you sideways during the frantic first few weeks abroad. How can you keep strong and healthy so you enjoy all the activities on offer?

With a comprehensive health insurance policy you’re covered for hospital stays, doctor visits, drugs and medical evacuation. But how can you avoid problems in the first place so you won’t have to fall back on your health insurance policy?

Take care of your immune system by eating plenty of fresh fruit and vegetables, keeping up your vitamin levels with a supplement and getting as much sleep as you can – we all know the pace of life is hectic but a good night’s rest once in a while will really help your health.

Visit the doctor at the first chance you get if you suffer from unfamiliar symptoms or you’re worried about your stress levels or general health. Catching pr

Read more…

Sofa-lisers urged to check home insurance policies for accidental damage cover

0
by Tiffany Parker December 23, 2010 in Insurance News

Popular TV shows such as X Factor and Strictly Come Dancing have made sofa-lising’ (where friends and family get together for home based social gatherings) all the rage, says Halifax Home Insurance .

Today over a third of adults say they drink at home before going out in order to save money (39 per cent) and a similar number ditch going out altogether in favour of sofa-lising’ on Saturday nights instead (34 per cent). However, with accidents such as wine spillages on carpet (18 per cent) and drinks spilt on electricals (9 per cent) a common occurrence at these functions, the insurer advises people to be careful when having friends over.

Martyn Foulds, senior claims manager at Halifax Home Insurance comments: “The rise in popularity of sofa-lising’ and drinking at home before going out has significantly increased the likelihood of home accidents, so while many will stay home to try and save money, it may prove to be a false economy if careless behaviour ends up costing them more.”

Halifax Home Insurance urges homeowners to check their home insurance policy to ensure they are fully covered against accidental damage . Read more…