All lenders insist on Buildings Insurance if any property is secured against a loan. If anything adverse happens to the property (like it being burnt down), the same property can be rebuilt from the proceeds of the insurance claim. And if your property is mortgage free and a similar devastation occurs to it, you will [...]
Archive for the ‘Article’ Category
Do You Know The Meaning Of Insurance?
June 28th, 2010
admin According to Encarta Encyclopedia, Insurance is a contractual arrangement that provides for compensation by an insurer to an insured part if or when a specified set of circumstances occurs. Circumstances in this contest could be death, personally injury, accident, unemployment, loss or damage to property or any other number of instances that can be compensated [...]
Make Your Insurance Company Pay
June 25th, 2010
admin Denied – Underpayment – HarassmentThe story is a common one. A house catches fire and the insurance company refuses to pay the claim or offers payment of less than 40% of the cost to repair the damage. The policyholder tells the company about the new flat screen TV in the family room but she no [...]
Posted in