Insurance

What to do if you’ve been injured at work

For most of us, it’s vital that we work so that we can provide for our families and children – and a workplace injury can greatly impact on this. If you suffer an injury from a serious fall, transport accident or construction site accident, to give just a few examples, you may not be able to function normally and your entire future may become uncertain.

That’s why you may be interested in knowing how to make an accident claim. Receiving compensation for your workplace injury can help to ensure your family’s financial security while you concentrate on your recovery.

Am I entitled to make a compensation claim?

Employees have often made successful compensation claims after accidents, on the basis that employers have a responsibility to protect their employees, visitors and contractors from accidents and injuries related to their work.

The employer’s responsibilities include that of providing you with the machinery, tools and safety equipment that are necessary for the carrying out of your duties. Such equipment will need to be kept in a safe condition. They must also minimise the risk of a work related accident by ensuring the continued safety and tidiness of the working environment and providing employees with training.

If you have suffered a work related accident, then you may want to contact one of the many personal injury specialists that can help you to get your life back on track. If you have been let down by your employer and caused an injury as a result, then there is compensation available that you are entitled to.

Reporting an accident

After you have suffered an injury, one of the first things that you will need to do is have the accident recorded in your employer’s accident book that is used for recording all workplace injuries and dangerous incidents.

Logging your accident in this way is important, to acknowledge the accident happened at work and as vital evidence if you decide to proceed with a personal injury claim. It will also assist your employer’s efforts to prevent any such accident re-occurring in future. Also ensure you make sure you get the medical treatment you require as soon as possible.

Act quickly to gain compensation

You have three years from the date of the accident in which to make a compensation claim, so you are advised to act quickly and seek a reputable personal injury lawyer. Employers are legally required to have insurance policies in place that allow for compensation to be paid out in the event that a successful claim is made against them.


Take a Look at Different Types of Life Insurance And Protection Policies

Types of life insurance

life insurance quotes

Gone are the days when we used to be worried and apprehensive about our loved ones if we were happened to die early. Now days, we can shield our family from any kind of dreaded financial situation by buying life insurance policy. Life insurance is a contract between an insured and an insurer, where the latter assures the former to pay a designated sum of money upon his/her death. This is primarily designed to protect the family of the policy holder against any financial hardship should the latter dies within the terms of the policy. The policyholder typically pays a premium monthly or annually and gets the benefit in return of a lump sum amount should when s (he) dies.

Now let us have a look at the different types of life insurance available in UK –

Types of life insurance:

Given below is a brief explanation of the different types of life insurance in UK –

Term Assurance – Term assurance is a kind of life insurance where you determine the insurance amount and also the time period you want to be covered for. The policy will only commence paying out the beneficiaries if you die before the termination date of the insurance. There are two primary types of term assurance – 1) level term assurance and 2) decreasing term assurance. In level term assurance, premiums are fixed for the duration of the insurance term, and payments are made should you die within the insurance period. In case of decreasing term assurance, the amount you are covered for decreases over the term of the policy. This type of term assurance is primarily used for debt repayment that reduces over time, such as repayment mortgage.

Family income benefit policy is a type of decreasing term assurance that pays out beneficiaries as regular monthly income once the policyholder dies within the insurance period.

Whole of life assurance – As the name suggests, whole of life assurance is designed in such a way that offers beneficiaries throughout the life once the policyholder breathe his/her last breath, unlike any term insurance which is only for specified period of time. With this kind of life insurance, the policyholder needs to pay premiums throughout his/her life until they reach a certain age. There are two main types of whole of life insurance – maximum cover and balanced cover. In case of maximum cover, the initial premium and the insured sum are guaranteed not to increase for next 10 years. In case of balanced cover, the premium depends on the sum to be insured, and age and health of the insured person.

Income protection insurance – Income protection insurance is an insurance policy, available principally in the United Kingdom. This kind of insurance policy provides benefit to policyholders who are incapacitated or unable to work due to illness or accident. This insurance policy offers a lot of benefits in compare to other such policies such as accident, sickness, and unemployment insurance. Benefits are paid regularly on monthly basis and are tax free. The insurance company cannot cancel or refuse to renew the policy provided that the policyholder pays the premiums on time.

There are three primary three types of income protection insurance – long term income protection, short-term income protection, and accident, sickness and unemployment cover.

Accident and sickness insurance: This is a kind of insurance policy that offers a lump sum benefit to the policyholder in the event of death, loss of limbs, permanent loss of sight in one or both eyes and permanent total disablement. Moreover, the benefits from personal accident and sickness insurance policy are tax-free.


Tips to Save Money on Your Van Insurance

Save Money on Your Van InsuranceIf your van forms part of your business then you’ll want to save as much money as and where you can. While you can’t afford not to get your van insured you can look for the best van insurance quote online and save a little money in the process.

Here are our top tips for saving money on your van insurance.

Increase your voluntary excess

When you make a claim on your insurance, the voluntary excess is the amount that you agree to pay. If you up the amount of the excess, you will lower the premiums. However, remember the higher the excess the more you’ll have to pay out in the event of a claim.

Make your van more secure

If your van contains the tools of your livelihood, you’ll need to make it as secure as possible. Looking into additional security extras, such as alarms, immobilisers and trackers will not only make it more secure, it will also lower your insurance premiums.

Show you’re a safe driver

If you have built up a no claims history then you should provide this to your new supplier when looking for a best van insurance quote, as many insurance providers will mirror this no claims on your new policy.

Don’t add any named drivers unnecessarily

Your premiums will increase the more named drivers are on the policy. Sometimes, however, this is simply a natural requirement of using your van for your business. However, you also need to be careful who you name on the policy as adding those under 25 and especially those with points on their licence will make your premiums jump up.

Advertise your business on the side of your van

If you have the name of your business shown clearly on the side of your van it’s less likely that it will be stolen. Furthermore, according to statistics you’re also less likely to be involved in any scrapes or accidents. These two factors combined together will ensure lower premiums on your policy.

Provide details of any trade body membership

Some, not all, insurance providers will offer lower premiums to those van owners who are members of trade bodies. If you are, it’s worthwhile making them aware of this when you open your policy.

Choose an appropriate sized van

In general terms, the smaller the van (in terms of size and power) the lower the insurance premiums. Choose an appropriate size for your business needs, not necessarily the size you want.


Most Common Types of Medical Negligence

medical negligenceIn very simple terms, medical negligence is the maltreatment of patient by a healthcare provider, doctor or medical practitioner. The word ‘maltreatment’ covers a very broad spectrum, so we will try to explain it in the context of medical negligence. Maltreatment occurs when the standard of medical care provided to the patient falls below the acceptable standard as specified by the concerned medical authority. Now this definition of maltreatment alone is insufficient. To further explain, we will discuss some common types of medical negligence.

Birth Injury

Unfortunately, there are times when a child can suffer an injury during and/or immediately after the birth. The cause might be some mistakes during or prior to the birth. For instance, the mother-to-be could be treated with the wrong drug before delivery causing a negative effect on the child or the delivery could be mishandled by those supposed to look after her. Sometimes, the post natal care provided to the child and mother may be insufficient or have undesirably low standard. If the mother or child sustains any injury due to the aforementioned reasons, this might warrant eligibility for monetary compensation on grounds of medical negligence.

Hospital Negligence

There are many areas which can be covered under hospital negligence – from unsanitary conditions to mistreatment at the hands of hospital staff – it confers a wide array of claim types.

Misdiagnosis

Misdiagnosis is one of the most common types of errors made be doctors. Failing to diagnose or diagnosing a totally wrong condition falls into this category. It can lead to the patient getting incorrect treatment, which can worsen the condition.

Un-required Surgery

Another common complaint by victims of medical negligence – this happens when patient is operated on unnecessarily and non-invasive techniques could have provided the solution.

Incorrect Medication

As the title suggests, you can make this claim if the medication provided to you was wrong and unneeded for the ailment you suffer from. Apart from not curing the problem, incorrect medication can have adverse effects on body. It may result in grievous and permanent damage.

Anesthesia Error

Administration of the wrong type or strength of anesthetic agent can have disastrous consequences. Under dosage can leave the patient awake during the operation and over dosage can have equally dire results.

Medical Devices and Products

These days, doctors rely heavily on medical equipment. Equipment can be an electronic device, like a dialysis machine or pacemaker, or plain old medical instruments like a stethoscope or a scalpel. So if a medical instrument or device turns out to be faulty, it is usually the manufacturer’s fault and the manufacturer may have to pay compensation.

Dental Negligence

All the aforementioned types of claims might be applicable to dental treatments as well. Some cosmetic procedures may not be covered, but it is best to discuss things with a medical solicitor before undergoing an unusual medical procedure or treatment.

It is important to remember that your claim may be rejected if it is found that you failed to follow doctor’s suggestions, prescriptions or adhere to the guidelines outlined by your healthcare provider.

Ali Asjad is a medical negligence solicitor’s assistant based in London. He writes about clinical negligence claims for medical and legal blogs.


Not Asking the Right Questions About Small Business Insurance

what is small business insuranceIf you don’t run a small business, then the function and point of small business insurance might seem relatively pointless at first. Insuring a car or a home is straight forward to understand because they are physical things that need protecting. A small business is a little more intangible and abstract than that.

Indeed, several small business owners see insuring their livelihood and the fruit of their back-breaking hard work as an unnecessary expense for some reason and I suspect it is this more abstract nature that is to blame.

The question to ask is not “what is small business insurance” because that’s too vague and conceptually confusing. Instead, you should be asking “what does small business insurance do for you”.

Safety net

A small business is precarious thing. The success of the venture lives and dies by the hard work and effort of its owner, but that does not make it immune from outside forces that can disrupt business operations at a moments notice.

Running a small business means you don’t have the backup of a larger corporate structure to back you up. If you make a mistake, it won’t just be a poor performance review and demotion waiting for you from head office, but the potential dissolution of your livelihood, to say nothing of what it will make you feel about all the time you’ve invested into this company.

Natural and man-made disasters await around every corner for the unprepared small business owner. Due to our mostly stable weather system in the UK, you can normally predict the natural disasters. We tend not to suffer from unexpected earthquakes or tornados and if your business is on the flood plain, you can expect flooding at certain times of the year but that’s about it.

Then there are the much more unpredictable human-disasters. A particularly clumsy customer tripping and falling in your premises and taking you to court for it, or a careless employee blaming you for not training him properly in lifting heavy boxes could set you back financially if you’re not covered adequately. Even with little to no merit, a court case can be a hugely costly setback that could easily threaten to put you out of business.

So what actually is small business insurance?

It’s impossible to not ask this really. Having said that “what is small business insurance?” is the wrong question, let me clarify why and offer a bit of an answer. It’s the wrong question because it’s too vague. What small business insurance actually is relies too heavily on the nature of the small business in question to be able to give a definitive and straight forward answer.

The form of small business insurance is whatever you want it to be. The function however is always the same: peace of mind applied to something that does its absolute best to constantly worry you.

Provided by YOUR Insurance, a broker specialising in  public liability insurance for small and medium sized businesses and landlord insurance.


What a Car Really Costs

Owning a car is kind of like owning a portable house: there’s more involved than just the cost of the initial purchase and monthly payment. Cars require care and have some very specific and, often, expensive needs. Even during an ordinary year—one in which you take no major road trips or do any significant amounts of driving (other than to and from work and errands around town), the cost of owning a car can be surprising.

Insurance

You have to have car insurance. It’s the law. There is no law, however, that says that car insurance has to be expensive. Insurance can really add up with unnecessary or unwanted coverage charges, so looking into a place like acceptance Car Insurancecar insurance for some good options for your particular budget. Let’s assume that you wind up with an insurance policy that costs you $125 a month. That works out to $1500 for the year assuming that you remain accident free and that your rate doesn’t go up.

Basic Maintenance Costs

Every car needs to have periodic maintenance done on it. You have to take it in for “checkups” every ten thousand miles or so. You need to get the oil changed regularly. You’re going to need tune ups. You’ll need to have your tires rotated (or even put on new tires). The cost of these things is going to depend on the type of car you have, how old it is, how many miles are already on it, etc.

Oil Changes can typically be done for $35 or so, or even as low as $15 if you find the right place. If you do two of those during the year that’s anywhere from $30 to upwards of $70.  A basic inspection with tire rotation for a newer sedan with 40K miles on it costs around $50.  That’s already $120 for the year and that’s without any major work or repairs being done. And the more miles there are on your car, the higher those inspections and “checkups” are going to be.

Gas

Everybody loves to complain about gas prices and talk about getting a bicycle to avoid having to pay the exorbitant gas prices that they see at the pump each day. Obviously doing that isn’t always practical (you live in the US, not the Netherlands). Let’s say you have a 15 gallon tank. At the time of this writing gas is around $3 a gallon. That means it costs $45 to fill up your tank. If you have to fill up your tank twice a month, that’s $90 a month or $1080 for the year.

So where are we? If absolutely nothing goes wrong, no repairs are needed and you don’t do any driving outside of what you do to and from a very close workplace and some nearby errands, you are still going to be paying at least $2700 a year—and that’s if only if you live somewhere with cheap gas!

What Can You Do?

There are plenty of ways to save money on car ownership. Make sure you get a car that has good gas mileage (hybrids are awesome if you can afford them). Shop around to make sure that you get the best rate on your insurance—which is helped by keeping your driving record clean of tickets and accidents. Actually take your car in for routine maintenance checks because skipping them will just result in more costly problems later on. Learning how to do basic things like oil changes yourself can also save you a healthy amount of money.

If you do these things there’s no reason that owning a car should hurt your bank account.


Things to Know About Business Insurance

Things to Know About Business Insurance

Insurance is one of the most critical products in today’s economic climate.  Irrespective of whether it is by law or obligation, individuals still have health, life, phone, house, car and a myriad of other various types of insurance.

This is also true for business owners, who must also take insurance policies for their business, regardless of the size of the business, and the industry it finds itself within.  Given the horrendous floods that have caused major disruption in towns and cities this year, it is easy to see how one disaster can wreak havoc on your business regardless of how much time, hard work and money you have invested into it.  Business insurance is an exceptionally valuable tool that will help you to safeguard and protect your business from unexpected losses and unforeseen risks.

The following guide provides an insight into three different types of business insurance that are individually tailored to the most common leisure industries in the UK, pub insurance, hotel insurance and restaurant insurance.

PUB INSURANCE

Pub Insurance is highly critical in helping you to run a successful business, as this type of environment has a propensity to carry the danger of rowdy behaviour with it.  This presents a risk of accidents andinjury to both staff and customers.  Moreover, furniture and fittings could also be susceptible to damage, which can be incredibly expensive to replace. In addition, the dramatic increase in personal injury claims means that if a customer is hurt in your pub, they may attempt to claim.  This could leave you liable for the costs incurred if you do not have adequate pub insurance.

RESTAURANT INSURANCE

As is with the case with public house and hotel insurance, restaurants are also susceptible to public liability claims.  A restaurant can accommodate hundreds of individual customers each day; this means there is a large threat of someone falling ill due to food poisoning, having a hot meal spilled on them, or choking.  An insurance claim from one of these individuals could incur serious costs for your business if you do not have adequate restaurant insurance, which could damage both your reputation and your long term profitability.

Moreover, it is also your responsibility to provide a clean, healthy and safe working environment for your chefs, waiters, waitresses and greeters.  A similar claim from one of your staff who has suffered an injury due to unsafe working conditions, could also seriously damage your business if you do not have adequate restaurant insurance.

HOTEL INSURANCE

There is a wealth of privately owned hotels across the UK, which means that hotel owners should safeguard their assetsby ensuring that their hotels are adequately insured.  In a similar vein to pub insurance, a single insurance claim from a hotel guest that sustained an injury on the premises could seriously damage the business.  If an accident occurs on hotel premises, it could signify that a hotel has not been stringent enough with risk assessments and health and safety issues.  Accordingly, if a hotel isn’t adequately insured, then financial difficulties will subsequently follow.  Most hotel insurance packages provide a wide range of protection, such as insurance for accidental damage, fire, flood damage, theft, vandalism, contents, stock and electronic equipment.

However, the proverbial minefield that is business insurance can be avoided by contacting an online corporate insurance broker, such as Todd & Cue Insurance.  Firms such as these have a team of highly skilled insurance specialists and risk consultants, who will be able to discuss relevant pub, hotel, and restaurant insurance policies with you. 

 


Steps in Making a Medical Negligence Compensation Claim

Steps in Making a Medical Negligence Compensation Claim

Health care providers and professionals- whether nurses, doctors, or other hospital staff- are bound by oath to take care of their patients. There are several medical professionals out there who commit mistakes and medical negligence which leads to further injury or damage to their patients. This is medical malpractice, the way a professional health care provider neglects duties resulting in grave scenarios. If you have been a victim of medical malpractice, it is best for you to make a negligence compensation claim so you can at least acquire a certain amount of money after damage or harm was done to you.

But how does this necessarily work? How can one make a medical negligence compensation claim?

Be organised – document necessary information

You have to be able to present relevant and concrete information about your medical condition. You have to be organised in the sense that you should be able to keep track of all your medical records as this will be compared against the results of evaluations as assessed by another medical expert. To have concrete evidence for medical malpractice, a doctor must be able to describe your current condition after medical negligence was done to you.

Demand

Before filing a claim, you should be able to write a letter demanding settlement with the health care provider or institution that supposedly committed medical malpractice. You can write the amount of money you need so things won’t have to go to a higher level. Filing a lawsuit can be stressful and time-consuming, so most people rely on this stage to settle things early.

In private institutions, there are options for filing claims if the doctor was not able to provide the promised results.

Filing a compensation claim

List down and itemise all the damages, as well as the things affected by this damage. For example, you have to keep track of lost salary, existing medical expenses and bills, as well as future medical expenses brought about by their negligence.

If, for example, they damaged your hands to the point that you cannot use it for hard labour, and your job actually demands hard labour, you can sue for the amount of salary you should be getting (but not able to get anymore) from the time of the injury. Basically, since the practitioner is responsible for the injury, he is also responsible for all the loss that you would have because of the injury.

Attach receipts and other pertinent documents necessary to back your compensation claim. Once itemised, fill out the compensation claims form at your local government office. Then submit it to the courts.

Now, all you have to do is to wait for the court to address your issue against these medical professionals.  Just take note that if they had put your life and body at risk, you can get your damages awarded if they are proven guilty. You can also file compensation claims if their medical negligence leads to a traumatizing experience. You just need to have proof about your claims.

Carl Freds regularly writes about medical negligence compensation and the processes involved in filing a claim. He provides information to various consumer rights blogs that people who need to file a claim would find useful.


Why You Need Travel Insurance

Why You Need Travel Insurance

Though travelling is usually an extremely positive and fulfilling experience, unfortunately things can sometimes go wrong. For example, in Australia, the Department of Foreign Affairs deals with over 25,000 Australians facing difficulties each year – including over 1000 hospitalisations overseas. Not only can unforeseen medical emergencies arise, there are other things to consider: missing flights due to weather or traffic jams, having luggage, money or medication stolen, credit card fraud, and even emergency dental.

Here’s a few things to consider before you buy travel insurance:

Destination: Are you heading off on a romantic island getaway to Bali, or are you heading to New Zealand for some adventure sports with friends?  Perhaps you are heading somewhere for work or as a tourist that is considered more dangerous than elsewhere – most countries will have a list of no-travel or cautious travel zones – currently these would include areas in the Middle East and Africa. Though you should get travel insurance either way, your destination (or destinations!) are key when acquiring insurance. If you’re simply going to be lounging around on the beach and trying out local food, you may be able to get lower risk coverage, whereas if you’re going to be skiing and snowboarding in potentially dangerous conditions, you would be best to get a higher risk policy. It’s also important to note that some travel insurance providers and packages do not include adventure sports or activities like bungee jumping, parasailing or white water rafting at all – so make sure you check aspects like this when choosing coverage.

Are you already covered?: Some private health care companies, particularly in Australia and America, include a certain level of travel insurance – generally to ensure that you will have medical cover overseas. However, if you do have travel insurance through a health provider, ensure you read up on what exactly you are covered for – being covered for medical needs won’t necessarily mean that your insurer will be able to help out if your passport is stolen. You may also be covered if you are travelling for business – many companies will include travel insurance if they are paying for expenses. Usually these will be high coverage policies, but just make sure that you are covered for everything before you head off.

What sort of insurance do you need: Again, this comes down firstly to where you’re travelling – the more dangerous or potentially dangerous the trip, the higher level of coverage you need. Another thing to take into account is your health – or the health of those travelling with you. Are you on any medication, or require constant medical assistance? Are you likely to fall ill, or are you going somewhere where you may easily contract an illness? What age range are you in? Consider all these when choosing a policy. Also consider what type of travelling you are doing – those staying in luxury hotels may be less likely to have bags or wallets stolen than those travelling rough with backpacks and in hostels.

Read the fine print: This can’t be stressed enough! Though it is all too easy to skip over the terms and conditions, and admittedly most of us do in many situations, this is one situation where you should at least skim through it. Things to look out for include cancellation fees – if you’ve already bought travel insurance then cancel your trip, you’re likely not to get the whole amount back. Also ensure that the country (or countries) you are travelling to is covered by the insurance you’re buying – many will exclude ‘dangerous’ or ‘risk’ countries. If you are travelling for business and are carrying large amounts of cash or product, ensure these will be covered. Another thing to consider is the weather conditions at your destination – heading somewhere where it is snowing could more than likely mean flight delays, cancellations, and luggage loss – all of which may or may not be covered by your travel insurance.

Getting travel insurance is simply another vital chore to put on the list before heading off on your trip – just like packing a toothbrush or calling your parents. So do your research online, ask friends and family, talk to your travel agent, and ensure that you find the best policy so that you can have a stress-free trip.

Chloe works on behalf of Bruce Insurance, an Australian company who offer a wide range of business insurance solutions, and have over two decades of specialist insurance broking expertise.

Truth About Travel Insurance


What Should an Insurance Company have to do to Gain your Trust?

If you want to remain financially secure you need insurance. It doesn’t matter what type of profession you have. Everyone needs insurance to be protected from accidents. If you don’t take the proper precautions you could end up damaging your finances.

Why Finding A Trustworthy Company Is Important

You will find lots of different kinds of insurance based on the precise type of plan you’ll need. Before you rush off and buy just any policy you need to be comfortable with the company you choose. There are many unscrupulous insurance companies who would love to take advantage of you. We will go over several indicators that the insurance company you have chosen is a good one.

Why It’s Important To Ignore Their Marketing

You should not go with the first insurance company that you see. Many of them will use carefully chosen words like “care” and “trust” to attract you to their brand. Lots of companies will use these words when advertising, but not all of them will live up to their claims when an accident happens. If you don’t choose carefully you can have a lot of trouble trying to make a claim. All this is exactly why you will want to ignore all of a company’s marketing tactics. Ignore everything associated with their company like their name, images and branding. Insurance companies that don’t bother with fluff and get right to the point are usually good choices. Trust can only be established when everything is straightforward. If you understand the companies benefits and coverage without too much explanation that’s a good start.

Find Out Your Insurance Company’s Exact Pricing Structure

Many insurance companies will avoid talking about pricing if they get the chance. If their client doesn’t make any effort to find out about the exact pricing they certainly won’t mention it. You can end up paying a higher premium then you anticipated if you are not careful. You need to make sure that they break down their pricing in easy to understand terms. There are two factors that are important when it comes to pricing. The coverage needs to be up to par for what you need, and the cost needs to be fair for what you are getting. You know you have a trustworthy company if these two conditions are met.

Final Checks Before Signing The Contract

The final thing you need to check is that all the conditions of your insurance are clearly spelled out in the contract. Never sign a contract before you understand everything that’s inside it. If some of the words it uses are confusing ask for clarification. This applies to any part of the contract. If all the terms look fair and you understand everything 100% only then can you sign the contract.

It’s important to leave emotion out of insurance deals. They use lots of clever marketing strategies to try and gain your trust. The most important thing is that you get the coverage you need in case of an accident. Forget the marketing hype.

Author’s Bio: Kevin Brown a good writer on insurance topic and he suggested to log on Insurancecompanies.org for more information.


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