Divorce Insurance Now Available

Posted in Insurance Articles by Anthony Thompson on September 22, 2010 No Comments yet

Divorce can be messy, heartbreaking and incredibly expensive. But now an entrepreneurial divorcee has developed divorce insurance, according to the New York Daily News. The WedLock policyholder gets a nice chunk of change when the marriage ends. The product was developed by John Logan, a North Carolina man who lost his savings when he and his wife broke up. The coverage costs $16 a month for $1250 worth of insurance.

In order to prevent fraud, WedLock requires couples to pay into the policy for four years before receiving any kind of payout. According to the New York Daily News there’s also an additional $250 premium for each additional year of marriage beyond the fourth year. A

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Stringent Rules from Insurance Sector to Counter the Uninsured Cars on UK Roads

Posted in Car Insurance Topics by Christine Davis on September 22, 2010 No Comments yet

UK drivers have been suffering at the hands of increasing insurance premiums in addition to the accidents that have increased overtime to gain insurance claims. Furthermore, it is noted that accidents involving the uninsured motorists can add to the surmounting insurance premiums. Close to 1.5 million drivers in UK ride without insurance cover for their cars and while the same is considered as an illegal practice, there has been no improvement in the same. It would eventually bring forth a situation where attempts to compare car insurance cannot be effective in lowering the premium rates. In accordance with a major insurance name, the premiums have crossed 2009 values by as much as 30%.

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Cheap Car Insurance & Older Drivers

Posted in Car Insurance Topics by Christine Davis on September 21, 2010 No Comments yet

I have just been watching a clip for a documentary that is on BBC tonight about elderly drivers and I was torn between being completely shocked and wanting to laugh at the 80 year old man who had managed to flip his car on a quiet residential street with no other cars around.

As an experienced driver, I am used to meeting two types of people on the road – younger drivers and elderly drivers. I know that people complain about younger drivers and how fast they go but, in my opinion, elderly drivers provide a greater threat to cheap car insurance premiums.

I had one over the weekend. The older guy could barely see over the wheel of the 4×4 he was driving and pulled out in front of me without looking.

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Rising Admin Fees Increasing Car Insurance Prices

Posted in Auto Insurance by Christine Davis on September 19, 2010 No Comments yet

The rising administration fee is increasing the car insurance bills for the motorists in UK. According to a leading financial research company in the country, it is getting increasingly common for the insurance providers to add the administration expenses to the cost of insurance product.

The company has observed that since the year 2004 the scale of administration fees being levied on the customers has been rising almost dramatically. In fact, for the past six years, the number car insurance policies charging admin fees has increased considerably.

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Census Shows Record Number Without Health Insurance

Posted in Insurance Articles by Anthony Thompson on September 19, 2010 No Comments yet

New data released by the Census Bureau shows that there has been a record increase in the number of people without health insurance. Nearly one in six US residents, or about 50 million people, were uninsured in 2009, according to the report. Previously the number of uninsured Americans was at 46.3 million and authorities say the reasons for the jump include job loss, companies axing health care benefits, and families cutting costs.

Another reason could be that it costs more. Statistics show that workers pay 47% more to keep their families insured than they did in 2005. “Eventually, more people will be covered if everything goes the way it should starting in 2014,” Helen Darling, president of the National Business Group on Health, which represents large employers, told USA Today. “Bu

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Womens Car Insurance & Car Maintenance

Posted in Car Insurance Topics by Christine Davis on September 17, 2010 No Comments yet

Did you know that just over a third of women admit to having no knowledge of car maintenance at all? That includes the more complex procedures, such as changing a tyre, but also simple things like checking the oil and the level of water for the window wipers. If you are one of those women then now is the time to remedy this problem and ensure that your car remains in the best possible condition in the coming winter months.

Womens car insurance often provides breakdown cover as part of the policy and all women should have that facility available to them anyway. However, this should not stop you from being able to keep your car in a decent condition.

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