Did you have a long weekend? How did you spend it? Me? I reviewed the newly posted 81-page Draft Individual Fixed and/or Variable Deferred Annuity Outline. I am in the process of drafting comments, which are due to the Department on or before April 3, 2011. Let me know if you’d like me to include a comment from your company or if you’d like to discuss anything in the proposed outline. Clients in the annuity market will likely be hearing from me with thoughts on how these proposed changes could impact your products or the way you do business today.
The revolt in Libya has put many travel plans to the region in jeopardy. Concerned travelers should be aware that a new travel insurance policy will not cover any loss caused by the unrest in Libya, as it is considered a foreseeable event. This doesn’t change the fact that many itineraries are changing and reservations being canceled. An article from USA Today discussed how cruises lines are reacting to the situation.
Cruise lines with Libya on their itineraries are in putting contingency plans into action as unrest spreads throughout the North African nation.
Some cruise lines canceled calls to Libya in March and April, while those with calls further out are taking a wait-and-see approach.
Libya has always been an intriguing but unstable destination for cruise companies looking for unique ports of call in the Mediterranean.
The travel insurance coverage that applies to the revolt in Libya is the same as the available coverage for the civil unrest in Egypt.
Most important for travelers already in the region is non-medical evacuation coverage. This transports a traveler from a place of danger to a nearby place of safety during situations of political unrest. Travelers in need of this coverage should contact their policy’s 24 hour assistance service number.
Travelers whose vacation plans are being changed should check with cruise lines, airlines and other travel suppliers to see what alternate arrangements or restitution is being provided.
Trips cancelled or interrupted by civil unrest, acts of war and rioting are not covered by travel insurance. This is because trip cancellation and trip interruption coverage requires that one of the covered reasons in the policy be met before benefits apply. The revolt in Libya is not covered reasons for trip cancellation and trip interruption.
Travelers en route and experiencing delays can be covered by travel delay or missed connection coverage. Benefits are normally available for any common carrier delay, such as an airline, so long as the delay lasts for the required amount of time. This can be as little as 3 hours or as many as 48 hours.
Always refer to the certificate of insurance for details.
These are dark days for New Zealanders, especially if you live in Christchurch. To those of you that’ve lost loved ones, or who are anxiously awaiting news of people that are missing, we can’t really know your pain, but we can provide our support.
At Pinnacle Life, we understand it’s a difficult time if you live in Christchurch. We have many policy holders in this area and wish to help in our own way to make your lives less stressful than it already is.
So, if you’re a Pinnacle Life policy holder from Christchurch and you’re going to have trouble making your insurance payments, we’re here to let you know we can be a bit flexible with your payments right now.
Give us a call Toll-Free on 0800-22-22-23. We’ll do w
While you may prefer to settle things amicably when accidents happen and are just as happy to avoid the courtrooms, it is still important to know what your rights are, particularly in the area of personal injury claims. When you are injured there can be a ripple effect throughout many aspects of your life, and so it’s vital to know what your rights are. While you may want to forget about the incident and put it behind you, there are many reasons why that simply can not be done.
The consequences of any injuries may vary from simple to drastic. If you’ve had some bruises but you don’t think that the pain will affect your daily life much, then you can basically just learn to forgive and forget or settle things fast between you and the other party. But y
If your car insurance policy comes up for renewal in the next few weeks, don’t automatically accept the quote from your existing insurer – or you could end paying much more than you need to. The new ’11′ number plates are due out on March 1, making it one of the busiest times of the year for car insurance renewals.
Millions of people stick to the same providers without shopping round for a better deal.