Monthly Archives: April 2012

The Need for Dental Insurance Policies

With the various temptations of present day living, particularly regarding, eating habits, the need for regular dental treatment has become even more essential. The incidence of unexpected visits to your dentist has increased and become more expensive as the costs to professional practices rise. Problems connected with teeth usually occur at the most inconvenient times and it is these incidents that place a strain on any medical budget.

As the costs to patients rise, it is becoming more apparent that dental insurance policies have become a necessity rather than a bonus luxury. Although it could be a time-consuming and sometimes frustrating experience comparing the various options, it could eventually prove rewarding when you find the right plan that meets your needs and especially your budget.

The principle of dental insurance premiums is similar to any other insurance payments. Once you have determined the company that provides a policy that suits you, then you will be asked to pay monthly or annual premiums in return for the agreed benefits provided by your policy. Dental insurance policies however, are not standard or stereotyped. Each insurer offers a different type of cover and there are also those who will design a policy for you, in accordance with your personal needs.

The main differences though, are primarily determined by the varied terms and conditions related to the coverage provided by the policies. It is wise to be aware that the fundamentals of dental insurance policies are based on a general business factor that higher is the premium paid, more extensive is the cover provided. Although there are a variety of dental insurance policies, claiming to provide NHS cover; the purpose of this type of policy is related only to costs associated with NHS treatment. Therefore, it is kin your best interests to obtain comparative quotations from established dental insurance providers.

A general condition applied to most dental insurance policies is that the teeth of a proposed insured person, are in good condition and do not require immediate attention. Further confirmation may be required relating to regular visits made to a dentist.

Find out more about dental insurance policies and get quotes at my-dental-insurance

Reducing your motorbike insurance premiums

If, like many bikers, you are looking to keep down the cost of your motorbike insurance premiums, you might find the following thoughts useful:

  • there may be no substitute for shopping around, so do not panic and take the first motorcycle insurance quote you see, simply so you can get your hunt for insurance over and done with as fast as possible;
  • if you wish to find some of the more economic motorcycle insurance policies, you may have to accept the bitter pill that it may be necessary to ride some of the more economic motorcycles around also – remember that big meaty machines may command big meaty motorbike insurance premiums;
  • try to park your bike somewhere other than the street when it is not in use overnight – making the effort to put it on your drive or in your garage may bring down your insurance costs;
  • you may find it difficult to locate an insurer who really regards bikers with an unfortunate history of road traffic convictions as being just the same as anyone else (though there may be special convicted biker policies available) – so ride your machine cautiously and try to avoid picking up license points;
  • although some bikers enjoy tinkering with their bikes and maintaining them to the highest standards, try to avoid radical customisation of your motorcycle, as it is something that typically worries insurers and may result in you paying more for your cover;
  • if you have a more expensive machine you may be able to see some interesting reductions in the cost of your insurance if you fit additional security devices including things such as trackers etc;
  • if you are fortunate enough to have a rare or very expensive machine (including some classic bikes) you may be able to reduce your classic motorbike insurance cost if you show that not only is it garaged overnight but that you also have protected with alarm and fire prevention systems.

Do You Need Business Indemnity Insurance?

Every business needs protection against claims for any loss or damage made by either a client or other third party. By taking out a Professional Business Insurance policy, you then have cover for a mistake, or if found to have been negligent with a service that you have provided. This way, you have peace of mind, knowing that you are able to claim from your insurance and not having to pay legal costs from your own pocket or from that of your business.

It is however, a regulation for many professions to have to take out a business indemnity insurance cover as a registered member of a professional association. Among these are accountants, architects, solicitors, mortgage brokers and financial advisors. There are also many other professionals who make a point of covering themselves with insurance. Most consultants in advertising, designing or else in PR, feel that this type of cover is necessary for them as well.

Essentially, business indemnity insurance is sensible for anyone that is dealing with ‘intelligent’ services rather than a physical product.

Important to note:

Do remember that you can only make a claim on your policy if premiums are up to date. Should a policy lapse and for any reason you have not paid up to date, or if you have cancelled the policy, claims against it, will not be acknowledged, and you will have to bear the costs yourself.

Should you close your business or retire and cancel your policy, it is necessary for you to arrange with your insurers to have a ‘run-off’ period of cover afterwards, in order to pay for claims against you when your business was operational.

The same run-off period is applicable if you should decide to change your insurers, unless you can arrange with the new insurance company to accept any previous claims.

Make sure that all contracts with clients have sufficient information attached at the time of signing; with easy reference and well filed, should there be any claims against them at a future date.

Business indemnity insurance is a specialised area of insurance. Before taking out and signing for a policy, consult with an insurance expert to give you advice for the best particular needs of your business.

Found out more and get quotes for business indemnity insurance at specialistrisks