I hear this refrain quite often from potential disability insurance clients and, I must say, it isnt limited to any particular income bracket. I have had prospective clients earning in excess of one million dollars annually telling me that the premiums were just too much for them to handle. I always counter with, I do [...]
Category Archives: My Insurance Review
As a Baby Boomer, I have been warned many times by financial experts that I better not depend on Social Security benefits for my retirement. As I get closer to the possibility of retiring, the opinions of these experts become less opinion and more fact. The system that has been helping to support retirees is [...]
The Court of Appeal has dismissed appeals by Digital Satellite Warranty Cover and Satellite Services. The businesses, which are not registered with the Financial Services Authority (FSA), provided cover for Sky satellite TV equipment, in return for an insurance premium. Both firms described their offerings as extended warranties but in January, the FSA secured winding [...]
AXA is warning homeowners about the dangers of burst pipes due to adverse winter weather. The last two winters have both been historically severe, and saw one in every thousand people fall victim to burst pipes, with claims averaging £25,000. Escape of water claims have spiked by 50% during the last two winters, putting tens [...]
When signing up for auto insurance coverage, it is important to provide accurate information. According to a new report, auto insurance companies lost more than 15 billion dollars because their policy holders gave them bad information. For example, many people lie about how much mileage is on their vehicle or they fail to report when [...]