Archive for 'Insurance Information' Category
Statement from CSA on Tropical Storm Cindy
Travel insurance carriers release position statements when current events affect coverage. Once an event is considered foreseeable, new policies purchased will not cover that event. The most common example of an event becoming foreseeable is when a hurricane or tropical storm is named. After the storm is named, it is too late to purchase a [...]
Travel Insurance for Pre-Existing Medical Conditions
A pre-existing medical condition is one reason many travelers purchase travel insurance. Pre-existing coverage allows travelers to cancel a trip if a pre-existing medical condition prevents them from traveling, as well as receive medical treatment for a pre-existing condition while traveling. Pre-existing coverage can also benefit travelers who have non-traveling family members with a pre-existing [...]
Legal & General responds to crime survey stats
In response to the latest British Crime Survey (BCS), Legal & General’s Malcolm Cooper has expressed the firm’s view that there is a correlation between recessions and spikes in burglary. The BCS showed a 14% rise in burglary in England and Wales, as the country continues to grapple with economic difficulty despite having left recession. [...]
Car insurance rises more than £200 a year
The cost of car insurance rose at nearly seven times the rate of inflation in 2010, adding hundreds of pounds to an average policy with young drivers bearing even steeper increases, according to new research. New data from the Automobile Association or AA, the motor recovery service and insurance broker, said the average cost of [...]
Car insurance premiums rise by 40 per cent
Car insurance premiums have risen by more than 40 per cent over the past year, taking the average cost of a policy to £892, according to a closely watched index. This is the biggest annual increase ever recorded by the AA Insurance Index, which has been tracking the quarterly movement of car and home insurance [...]