Showing posts with label Insurance. Show all posts
Showing posts with label Insurance. Show all posts

September 15, 2015

Insuring and Growing a Business in the Health and Personal Care Sector

Insuring and Growing a Business in the Health and Personal Care Sector
In the industry of personal health and personal care, there’s a massive range of different business opportunities, ranging in skill and finances required to set them up. Anything from a simple hair salon to a specialist surgery can be founded depending on a proprietor’s qualifications and financial status. When looking online at people who have set these businesses up, and had a bad time, it seems quite obvious that they were trying to cut as many corners as possible, and in the long run, it ruined their chances of making a success of themselves. It goes without saying this is what you want to avoid doing.

After scrolling through many forums and discussion pages online, I have come across numerous questions that could be answered with a simple search through a few advice pages on the internet. It appears that many proprietors are unaware or not so sure on what they need when it comes to some of the simpler things within their business and its sector.

February 23, 2015

Proper insurance for your home can provide you a secure financial planning

Proper insurance for your home can provide you a secure financial planning
Image via gettyimages
Homeowner’s insurance policy is a very important part of worthwhile financial planning. Since our homes are most likely our biggest property, protecting ourselves with the right quantity of coverage is essential. However, most of us are not aware the correct method to calculate our requirement for house owners protection. Not only are the majority of us using the wrong method to determine how much homeowners coverage we require, few of all of us have recalculated the need since we purchased our home. If you have lived in your house for any period of time, you probably possess the wrong amount associated with coverage. Inflation could make a bug distinction.

January 20, 2015

How Much Life Insurance do you need?

How Much Life Insurance do you need
Image via gettyimages
Getting a life insurance is clearly not a hard decision to take. There are a lot of benefits that come along with the insurance, but choosing the right amount of insurance is always going to be a big headache. While the life insurance provides you and your loved one with ample financial security, if you are not choosing the right amount to cover, things might end up being a bit messed up. So how much do you need after all? It is a big question and before you jump up and make a decision thinks through the following points.

November 06, 2013

The Hidden Cost of Entrepreneurship - Be Ready!

There are so many different costs as you start your own business, you had better have a separate amount of money set aside for those emergency things you didn’t know about. Talk about hidden fees, and it will be securely nestled into a confusion of rules, regulations, tests, insurance and health issues.

Rules

You will need to know the laws and regulations for the business that you are about to open. Check with the state to know what licenses you have to have. What are the different laws that you have to meet? Then check with the County that you live in and if you are in the city, what permits you need to even open. You may even have to go in front of a board of regulators, before you can even open your doors. Remember, State, County and then City. Next, check with the Federal Government and find out what you need with them. Most likely a tax identification number to ascertain you are paying your Federal taxes for the business as well as Workman’s Compensation and Social Security is you have employees.

October 10, 2013

Myths about Renters Insurance

Year after year, renters continue to make the same mistakes when it comes to insuring their homes. Though the vast majority of the public fully comprehends the necessity of auto or homeowner's insurance, approximately 57% of renters still refuse to invest in coverage for their possessions due to a handful of all too common misconceptions.

5 Factors That Impact Car Insurance Rates

Most drivers are already fully aware that each auto insurance policy's rates are customized based on age, gender, driving record, and the make in model of a vehicle. But these are just a few of the many aspects affecting car insurance rates. There are 5 key factors that will impact your car insurance rates that you may not know.

1. Marital Status:

Believe it or not, your marital status can often affect your car insurance premium. With many companies reducing those premiums significantly, it pays to know whether you can be discounted as a married couple. It has been factually documented that those who are married tend to be better and more safety conscious as drivers than those who are single.

September 03, 2013

What is Monthly Car Insurance?

Buying a new or secondhand car is always exciting. It gives you the ability to choose the make and model that you love, while allowing you to enjoy the comfort of driving something new and different. However, buying a car is only one part of the process; you need to make sure that you are properly insured. There are so many different types of car insurance available, that people often find it difficult to choose the correct one. Monthly car insurance is one of these; if you choose the right insurance provider to work with, you can get great coverage for your new car.

August 30, 2013

Why Work In Insurance?

The insurance sector is incredibly important to the economy of the UK and employs a great deal of people. Many graduates leave education with a career in insurance in mind, though few have an accurate idea of what that may entail. Those with little idea as to what the insurance industry offers may be tempted to ask the question ‘why work in insurance?’ Here we take a look at what a position in insurance may mean for potential employees.

June 18, 2013

What a Good Bike Insurance Policy Will Cover

A good bicycle insurance policy should be in place for you and your family if you all own bikes that you take out for rides on a regular basis, especially if your bicycles are your preferred method of transportation or they are used all the time to get in a good workout or to just enjoy the great outdoors in each others company. Because there are so many benefits to riding a bicycle, many people are taking advantage of this simple tool that will save them money on fuel that would otherwise be spent on their cars and that will also help them get in shape quickly.

June 06, 2013

U.S. Gun Law Changes: Why the Homeowners Insurance Industry is a Major Player

In light of recent tragic events there is a stronger than normal wind of change blowing through legislation and although they have no control over sanctions, home insurance companies can play a significant role and do actually have some leverage in how gun laws are drafted and policed. Here is a look at why the homeowner’s insurance industry is a major player.

May 31, 2013

File a mis-sold Payment Protection Insurance Claim and Get Your Money Back

When Payment Protection Insurance was introduced by the financial services industry to consumers, it seemed to be such a blessing as it was designed primarily to protect them by covering the monthly repayments of their loans, mortgages, or credit cards in times when they cannot fulfill that obligation due to sickness, accident, redundancy, or even death. However, there have been too many instances where consumers were sold the policy by keeping them in the dark as to what it entails. Some of them were really unaware that they actually paid a hefty sum for it.

May 21, 2013

Opting For a Life Insurance Policy: Get Complete Information Here

The fast paced life and the increasing pressure of work has made the life of an individual very unpredictable. With such an uncertainty in the lifeline, getting a life insurance policy has become the need of the hour. The main purpose of getting a life insurance policy is to protect the future of your immediate family members should something happens to you. The question to ponder upon is how much money is enough to take care of your family, to pay the debts, and to take care of the daily affairs?

May 20, 2013

Shopping For Car Insurance: 3 Reasons Why It's Easier Than Ever

Shopping for car insurance was once a tedious and frustrating process. However, this is simply not true today. Today, you can find affordable insurance for your car easier than ever before. So, what makes shopping for insurance coverage easier these days? Listed below are the top three reasons why looking for auto insurance is such a breeze today.

Car Insurance Comparison Websites


In the past, if you needed auto insurance, you had to look through your local phone book and call each provider one by one. Those days are in the past. Today, you can go on the internet and simply offer some basic information to a car insurance comparison website, and you will be directed to several companies in your area.

May 07, 2013

What exactly do I look for in buying a Classic Car?

As the economy continues to come out of the doldrums and begins to pick up the pace in terms of consumer spending, buying a classic car becomes a more appealing proposition for many car enthusiasts. But here's a caveat: don't let the mere beauty of a classic car sway you completely before you've had a chance to do your homework. You'll want to know what to look for when buying a classic car. One of the less obvious things on your "shopping list" should be classic car insurance because once you plunk down that hard-earned money, you'll want to make sure you're covered in case of an accident.

April 02, 2013

Have You Got What It Takes To Become Self-Employed?

Whether you are recently unemployed, redundant or just fancy being your own boss, there are many factors to consider when it comes to becoming self-employed. You may even be unsure whether this is the right avenue for you to go down at this point, so it will help you to know exactly what is involved before taking that all important step.

First of all you need to register as self-employed with HMRC within three months of the date you started trading. To do this you must establish which way you would like to trade, for example, as a sole trader, a partnership or a limited company. If you are working alone and want to keep things simple then registering as a sole trader is usually the best way to go. 

March 26, 2013

Driverless Cars and the Anticipated Car Insurance Complications

The greatest challenge of the modern age has been learning how to keep pace with the dramatic surges in technological innovation.  The forthcoming advent and use of driver-less cars on a very broad scale has raised a number of important auto insurance concerns. While nearly 90% of all auto accidents are known to be related to driver-error, the switch to entirely automatic options will not eliminate all likelihood for collisions.  Because of this, people, companies and governing bodies throughout the world are scrambling to determine how liability might be assigned in the event that two self-operating vehicles crash.

March 20, 2013

The Shortcomings of Payment Protection Insurance

Payment Protection Insurance or PPI is a popular insurance product in the UK, and it is meant to insure credit repayment, should the borrower become unable to make repayments due to illness, injury, unemployment or even death. In the absence of life insurance, income protection insurance or mortgage insurance, PPI proves to be extremely useful. It guards against the uncertainty of income loss, which would have great credit repercussions, should a person be making repayments on different credit extensions. With a PPI offering cover for a period ranging from 12 to 24 months, enough time is accorded for the borrower to find an alternative source of income, so that they can continue servicing their debts.

March 09, 2013

Australian Business Fraud Puts Profits at Risk

A major insurance company has announced its plans to axe 700 jobs across its international branches but the company CEO has dismissed enquiries that 3,000 jobs would be cut in North America, Europe and Australia by 2015. Earlier reports had cited the bigger figure but the company head said that the organisation had yet to discuss or reach consensus on the bigger changes that needed to take place.

March 08, 2013

Need a home inspection? Do not hire an inspector without errors and omissions insurance

There are numerous reasons a homeowner might need to schedule a professional home inspection. There could be building code issues, insurance requirements, possible structural damage, a pending sale of the home and more. Any time you order an inspection of your home, it’s in your best interests to hire a certified inspector who carries errors and omissions insurance coverage.

March 03, 2013

Assessing your monthly outgoings

One of the New Year’s resolutions for businesses that often get thrown around is a suggestion to keep better records. As part of that, if you’re not already being very careful with your record keeping, you should keep better track of your monthly outgoings and properly balance it against your monthly income.

The benefits of this should be immediately clear and if they are not, I would suggest going and asking someone why it’s important. Anyone will do. If you have small children, even they will probably know.