What to do After a Home Fire

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by Nicholas Rogers February 28, 2011 in Home Insurance Topics

Have you just experienced a fire in your home? Are you trying to find out what to do? Find post house fire information here.

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Almost every home owner has home owner’s insurance, but very few home owners know what to do after they have a fire in their home. U

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Secure Your Home While You Travel

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by Tiffany Parker February 28, 2011 in Insurance News

With all the excitement of a vacation or trip, it’s easy to forget what you leave behind until it’s too late. There’s nothing worse than remembering to lock the garage when you’re on a beach 1,000 miles away. Plan to protect your property and pick up the correct travel insurance so you have complete peace of mind on your travels.

Make it look like you’re still at home – get a friend to collect mail, purchase timers for inside and outside lights, and arrange for someone to mow the lawn or shovel snow in winter.

Turn off the ringer on your telephone or unplug the phone if you don’t have an answering machine. Check with your security provider about leaving the house alarm on for an extended period of time – some systems are negatively affected by power cuts.

Make sure your home and travel insurance is up to date and that you have enough coverage. Tell close friends and relatives your departure and return dates but don’t spread the news wider – posting your vacation plans on facebook could be an open invitation to opportunist thieves.

Gender discrimination for pension annuities and motor insurance premiums

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by admin February 26, 2011 in Insurance Quotes

Millions of men approaching retirement could be left thousands of pounds worse off if a European court rules on 1 March that insurance companies can no longer use gender to calculate annuity rates and insurance premiums.

Young women drivers will also be hit hard if “gender discrimination” is ruled illegal. An Association of British Insurers research paper claims some under-25s may face motor insurance increases of between 50% and 60% almost overnight – which could translate into an extra £500-£1,000 a year.

Many in the UK insurance industry believe it is likely the European court of justice (ECJ) will ban insurers from taking a person’s sex into account when setting premiums. Such a ruling would have huge ramifications for financial services firms, as it would also force a shake-up in life insurance and private medical insurance pricing.

Proposals for “gender equality” in insurance have been discussed for years. In 2004, the

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FOS clarifies marine insurance issues

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by admin February 25, 2011 in Insurance Quotes

The Financial Ombudsman Services (FOS) has issued a technical note covering some of the issues that arise in relation to complaints involving marine insurance policies.

The Service says it deals with around 100 complaints involving small craft each year and that in most cases the insurer has refused (or restricted) a claim on the basis that:

The vessel was not seaworthy; the consumer had not taken reasonable care to avoid loss or damage; non-disclosure; the claim was fraudulent; the security requirements in the policy were not complied with.

The Ombudsman’s approach in considering each of the above categories is now available on the FOS website