Benefits of the best life insurance cover

Are you looking for a life insurance cover? Well, then you should consider reading this article. When looking for any insurance cover, you should consider various variations in different life insurance policies. The structure, premiums and period of policies will vary. 

Before looking at the different types of life insurance policies, it is worth understanding some important terms associated with them. For example, a life insurance rate is the amount of premium paid depending on the health of an individual. A life insurance company will not only depend on the health of an individual to give its premium rates, but also it will depend on factors such as occupation and age.

An insurance cover can be a personal insurance or even a company insurance. A company insurance will protect both your business and all your employees.

Permanent life insurance 

There are various forms of permanent insurance covers. They include:

• Whole life 

This is the best lifelong insurance cover. Using whole life insurance guarantees the insured total protection on their lifetime. More so, there are no variations in its premiums with guaranteed death benefits. On this insurance cover, your premium will be applied to three different aspects. Some will pay for insurance cover, some will be for administrative purposes and some will be saved for you as interest. One can withdraw all their accumulated interests whenever they want.

• Universal life 

This is a flexible lifelong insurance cover. It allows an insured individual to change some sections of the policy with time. This can be the best insurance cover if at all you will need to make some changes in your indicated policy. You should consider this life insurance as life itself is flexible. Just like a whole life insurance policy, it also earns interest rates for the insured individual. 

• Variable life 

This is a permanent life insurance cover with two distinct parts; a general account and a separate account. The general account provides liabilities to an insured policy while a separate account allows one to invest funds as per a company’s portfolio. Such factors cause the value of cash to change. Variation in cash value leads to a significant change in death benefits. 

• Variable universal life

Just like the name suggests, this is an insurance policy that takes on both universal and variable policies. This gives it ability to change such features as premiums, final benefits, and even investments. 

Term life insurance 

Most people use this policy. Term life insurance policy is limited to a particular duration of time. Upon the death of an insured, they protect the insured family members against financial loss. Unlike permanent life insurance policy, term insurance policies don’t build any cash values. Most of these policies last for a maximum of up to 30years. Due to their limited coverage period, their premiums are relatively lower. These are the only insurance policies with the highest protection cover for any premiums paid. 

In conclusion, If you are looking for the best image for insurance, you can download any of your desired types online for free. It is, therefore, important to choose among these insurance covers that best suits your needs. For the best life insurance, you can check for more information with a local life insurance company or online.

The best business insurance cover

Are you a business owner and looking for an insurance policy? Well, then this article has all you need to know about cheap insurance business policies. A business insurance policy is used to cover both a business venture and all employees in that business. Running a business is fun but at the same time scary. Profits can be good when no problems are encountered. But taking a protection cover for your business is the best idea you cannot afford to miss. 

Having a small business insurance policy depends on what you personally need. More so, there is a wide range of insurance policies you can choose from. However, most businesses insurance quotes depend on the size of a business and also the nature of this business. Consider the following commercial insurance policies for your any of your business entity:

• Landlord insurance

Are you a real estate manager? Well, if the answer is yes, then landlord insurance policy is the ideal one for you. This will protect you in cases of fire or any other damages that could be caused by your houses. Having a landlord insurance will cover all your house and properties not covered under house insurance policy. This is so far the cheapest building cover that protects loss of earning in cases of loss or fire. More so, it provides additional cover in cases no tenants are available for your houses. 

• Public liability

A public liability insurance policy is all you need for your business premises. Having this insurance cover is the easiest way to keep your business premises safe. This policy will cover all claims, injuries, and damages done in your business. The public liability insurance policy will protect you against any legal actions that might be taken against you. Anyone injured while on your premises will fall under this policy. More so, if you cause any damage or injured at someone’s else premises, this policy will protect you. This is the most appropriate insurance policy for small business owners. 

• Professional indemnity and employer're liability insurance

It is worth noting that professional indemnity insurance policy is never a must have the policy. However, for small businesses, you might be required to have one for the deal with the bigger business you work with. In cases, someone sues your business for bad advice given or when your business causes problems, professional indemnity policy gives it’s owners cover. This is the cheapest way out to save on a lot of pounds that could be incurred without it. 

• Employer’s liability insurance 

This is basically to cover employees in any business entity. This saves you on the amount you could have spent in cases of accidents for your employees. It is worth noting that all business entities should have this type of an insurance policy. If a business doesn’t have one, then a fine is incurred. 

In conclusion, you should consider a ln insurance policy that best suits your business. The best way to assess small business insurance quotes is by looking at the size, purpose and the requirements of your business. Most people see this to be hard for them. If you experience such difficulties, consider talking to an expert who will assess your best and decide for you the cheapest insurance policy.

Driving - Changes In The Law

(From Saga Magazine)

Keep up-to-date and legal on the road with our guide to new rules and legislation that affect motorists. 

There have been a number of changes to motoring law enacted in 2015. As Sarah Sillars, chief executive officer of road safety charity IAM, puts it: “This year has seen some of the biggest changes in motoring procedures we have ever seen. It is very important drivers and riders are fully up-to-date on what is happening – they will affect everyone in one way or another.”

It’s a potential minefield – and, as ever, ignorance is no defence – so here is our guide to the changes that affect you and your car!

1. Driving licences

We’ve covered the changes to your driving licence in detail here but in brief, the DVLA (Driver and Vehicle Licensing Agency) will no longer be issuing the paper element of your driving licence. 

When you need to hire a car, or otherwise confirm whether or not you have penalty points on your licence, you have to obtain a ‘check code’ from the DVLA, which lets a third-party inspect your licence online. Following consultation, the length of time the check code is now valid for has been extended to 21 days.

2. Paying for your VED

Most people are now aware that, as of the 1 October 2014, you no longer have to display a tax disc in the windscreen of your car but not everyone knows that you can now pay for your VED (or vehicle excise duty) in monthly instalments via Direct Debit, making it easier to budget for.

Read more about the changes to the tax disc.

3. Selling a secondhand car

New rules brought in in 2015 mean that you must cash in the VED (or car tax) on your car when you sell it, leaving the new owner to buy his or her own. 

The refund is automatically issued when the DVLA receives the completed V5 (vehicle registration document) telling it that you have sold, scrapped, exported or declared SORN (Statutory Off Road Notification) on your car.

4. Middle lane hog fine

The £1,000 ‘middle lane hog’ fine levied on a motorist in Yorkshire was a result of a tweak to existing laws that enable the police to issue a fixed penalty notice (or FPN) to drivers it believes are driving inconsiderately by committing offences such as  ‘tailgating’, ‘undertaking’, or refusing to move from an overtaking lane when the road ahead is clear.

Read more about penalties for careless and inconsiderate driving.

5. Drug driving 

It has been an offence since March 2015 to drive under the influence of illegal drugs, such as cannabis, LSD and cocaine – a common-sense move that few would argue against. 

However, the legislation, which affects drivers in England and Wales, also includes some prescribed drugs such as diazepam, methadone and morphine. 

If you are unsure whether your medication falls under the new law, you should seek advice from your doctor as those convicted of the offence will face an automatic driving ban, an unlimited fine, a possible jail sentence and a criminal record, bringing the offence in line with existing drink drive laws.

6. Smoking

It will be an offence in England to smoke in a car containing anyone under the age of 18 from 1 October 2015. Anyone flouting the law could face a fine of up to £50.

7. Speed limits

The speed limit for heavy goods vehicles (HGVs) in England and Wales has recently been raised from 40mph to 50mph on single carriageways and from 50mph to 60mph on dual carriageways. 

8. Drink Driving laws in Scotland

The blood alcohol limit for drink driving in Scotland was lowered to 50mg per 100ml of blood in December 2014. The rest of the UK stayed at 80mg per 100ml. 

For even more useful motoring hints and tips, visit the motoring section on the Saga Magazine website. 

For Holsure Travel Insurance Driving quotes - click HERE

The Different Types of Business Insurance

The Different Types of  Business insurance is a form of protection for your enterprise. It provides you with cover from events that could negatively affect it during your day to day running activities. This cover is provided by an insurance company. You are required to pay some premiums to maintain the insurance cover. The schedule of payment is agreed upon with the insurance company. Getting this type of insurance is an investment for your business.

Types of business insurance cover

There are various types of business insurance cover. Examples are business property insurance and general liability business insurance. You should pick out the types of cover to invest in your business based on an analysis of the potential risks that it faces. You should also analyze your business environment for potential risks. Here is more information about some of these cheap business insurance policies.

What is general business liability insurance?

This is a standard, comprehensive business insurance policy. It protects businesses from many known and unknown risks. It also protects them from liability claims too. This cover is necessary for every business today. It also covers employees and provides a safety measure against litigation and settlements. 

Business liability insurance protects your business from investigations and lawsuits. If a party files some damages against your business, this insurance protects you. It is able to do this by covering the cost of investigation and fees for attorneys. 

One of the risks that a business can face is injury claims. Employees or clients can approach your business with claims that they have suffered physical or psychological injury. It could be caused by your operations, products or misdirected advertising. In case you are served with a body injury claim, the general liability insurance pays for medical care and bonds if necessary. 

What is business property insurance?

This is a type of cheap business insurance that protects your business from minor or major property loss. You can invest in this insurance to cover your business premises. It could be your own home, a commercial building or a factory. This insurance policy provides enough protection for your physical assets. 

Business property insurance varies from one policy to the other. These policies are described according to the type of loss that one is protecting their business from. It is especially important for small businesses. This type of insurance protects your business from various types of loss or damage. Examples of these are damage to your premises, furniture, inventory, landscaping, signage, next door property, client property as well as your fence. 

The only constant in business is change. As your business grows, your needs change with it. Property insurance policies can be altered to fit the size of your business at every stage of growth. By consulting your policy provider, this can be arranged.

Two of the most important policies to invest in are general and business property insurance. They protect the most important aspects of your business. There are many other types of insurance that you should get for your business. Begin with these two and move on to the rest.

Business Insurance

If you thought that starting a business was the biggest risk that you had taken, then you need to think again. In a business, risks are involved through the business life and if one does not make adequate preparation for them, the whole business may come crumbling. If you are a small business owner, your business is your main source of livelihood hence you should do everything to protect it and make it prosper. Getting a good business insurance policy is the only way that can make you run a small business without having to worry about many risks and in the process you will be more productive.

A business insurance will help you to answer a number of key questions which include the following.

What will be the state of my business if I die now or become disabled?

How will my business survive if key employees die or become unwell?

What will happen to the business if a calamity such as fire or bad weather?

What if I decide to retire now or one of the key employees leave the business?

A business insurance helps business owners to transfer the risks associated with the business to an insurance company. In turn, the business owner will be required to remit some premium to the insurance company depending on the agreement that was made between the company and the business owner. With the insurance, the business will be able to protect itself against incurring the huge financial loss. Some of the risks that a business can insure itself against include fire, death or disability of an employee, motor vehicle accident, natural calamity, theft and legal liability. Choosing a business insurance provider should not be something that you decide in a hurry you should take your time to analyse the kind of services that each insurance company provides and their quotes.

Key categories of business insurance

Business liability insurance: This type of insurance protects the business owners against risks of lawsuits that the business may face during its operation. The policy keeps in mind that during the normal operation, there are times when the business rubs shoulders with other external parties and this can negatively affect how the business runs.

Business property insurance: Protects against loss of tangible business property such as land, buildings. The insurance is for loss incurred when the property gets destroyed.

Business automobile insurance: Protects against damage caused by vehicles owned by the business.

Business umbrella insurance: covers for losses that are above the limit of another policy that the business had taken.

Factors to consider when choosing a business insurance company

The experience that the company has in the field of insurance. Choose a company that has been in the insurance business for many years and has an established client base. This will help in giving you an assurance that you are dealing with a trustworthy company.

Prices: Compare prices offered by different insurance companies and choose the one that meets your business needs. This can be done by checking different quotes online from various insurance companies. Choose the price that provides the best insurance coverage. The amount of premium deducted by the company should also be considered.