The rising cost of health insurance is pushing more South Florida employees to consider what had been unthinkable: Passing up medical coverage offered at work.
A strata of young, physically fit workers have always skipped employer health benefits they view as an unnecessary cost. But insurance agents say a growing number of older employees and even families are trying to save money by switching to low-priced health policies they buy on their own.
Insurance experts say employees can find credible, lower-cost coverage outside the workplace, through high-deductible plans. But they say it’s a gamble because it takes a lot of work to find a good plan without big holes. Read more…
Barclays has today signed arrangements with Aviva and Legal & General to provide innovative industry-leading life and general insurance products for its UK Retail customers. These new arrangements will deliver improved choice and accessibility, as well aspetitively priced products to new and existing customers.
Aviva will provide life assurance and personal accident products on a non-advised basis. Barclays customers will be able to choose life assurance, over 50s life assurance and personal accident insurance through the banks branch network, online or over the telephone.
Many states have examined their minimum requirements for auto insurance coverage. A majority of these states have increased their requirements or have lowered them slightly in order to give drivers some relief. The state of Wisconsin is taking the radical step by lowering their minimum requirements by half. Drivers in the state will now be required to have $25,000 in liability coverage per person and $50,000 for each accident. The new law was instituted in response to drivers wanting lower car insurance premiums. Drivers who have poor driving records will save a lot of money each month on their car insurance premiums but people with excellent driving records will barely see a change in their insurance premiums and they will have half as much coverage. Read more…
The umbrella insurance policy is also referred to as personal liability policy. The umbrella insurance plan will never be featuring in the priority list of any individual unless they are well aware about the benefits of it. As the number of people who are facing bankruptcy is increasing, the need for these kinds of plans is increasing very widely. There are several advantages of an Umbrella insurance policy. One of the added advantages with these kinds of policies is that, they will be covering all the expenses associated with the unfortunate occurrences. Other than providing overall coverage, it will also be providing additional coverage for the legal claims of the property possessors. Read more…
Landlord building insurance holders hoping to build their own or invest in new builds, are currently suffering at the hands of land registry and the costs of regulation.
At least that’s the verdict of the Home Builders Federation (HBF), this week.
Steve Turner is head of communications for the HBF, and he thinks the rise in the cost of materials is “concerning” for many builders.
He goes on to say however that it’s land and regulatory costs that remain the “biggest constraints on viability”.
He says: “The materials costs will have an impact, but it is not as significant as the cost of land and the increasing regulatory costs central and local government are imposing on house builders.”
The latest figures from the Office for National Statistics (ONS) shows that output in the construction sector dipped by 0.6 per cent in the third quarter of the year.
Eviction specialists Landlord Action reports that housing charity, Shelter reveal that some 35,000 people could face losing their home by the end of the year through repossession.
This action comes as cheap landlord insurance holders disclose tenants are falling behind with mortgage payments, or through eviction, as a result of renal arrears.
Paul Shamplina is founder of Landlord Action, and he comments that this statistic should encourages landlords insurance holders to be a little more understanding at this time of year.
He says: “Reports from Shelter that 35,000 people are at risk of losing their home before the end of the year are staggering. With that said, i