Accumulative child’s life insurance
Written on 20 February 2008 by adminAccumulative child’s life insurance is a separate topic. The basic word here is insurance, accumulation is secondary, as parents always worry about children, hence, try to secure them from possible dangers. And accumulation, thus, allows saving simultaneously the necessary sum for education of the child, for example, at a university: fund gets small insurance payments for all time of policy’s action. In addition, the bank which keeps insurance sum, guarantees the certain interest on deposit.
Choosing the program of accumulative life insurance, it is necessary to remember, that the profit here is secondary thing, insurance cannot be perceived as one more financial tool with a high level of profitableness. Clients shouldn’t hasten and concluding such type of a treaty it is necessary to understand precisely all commitment s of the sides, as cooperation will be long.
Accumulative life insurance
Written on 19 February 2008 by adminAnalytics mark, accumulative life insurance becomes more and more popular. Its advantages have been estimated by those, who try not only to secure relatives and be secured from force majeure, but also to increase the invested resources.
Plus of the system - in its long term, as money is saved, and after expiry of the policy’s term, insured person gets a nice profit. The same is minus: instability of financial system can’t guarantee existence of the insurance company in 10-20 years. But, taking into account the world experience of insurance in this area, such insurance is not only the guarantee of own well-being, but also some kind of investment in the future.
“Accumulative life insurance is rather popular investment product in the West. For example, today it accounts for about 70 % of life insurance market in Czechia and about 80 % in Hungary. A primary factor of its popularity is, certainly, economic stability of the European countries, and also income level of the population, allowing to save money. The important factor is also the high level of financial literacy of the European population. Europeans know investment, bank and insurance products, understand their advantages and lacks.
“КапиталЪ Insurance” together with Japanese Aioi Insurance will insure Toyota and Lexus owners in Russia
Written on 15 February 2008 by adminAssociation agreement between “КапиталЪ Insurance” and the Japanese insurance company Aioi Insurance which belongs to Toyota group means strategic partnership in the Russian insurance market and is developed for realization of the project of insurance of Toyota and Lexus owners in Russia. The contract stipulates for exclusive service in accordance with the most advanced world standards.
At the end of the last year Open Society “КапиталЪ Insurance” has entered into the cooperation agreement with Joint-Stock Company “Toyota Bank” and developed the special offer for - owners of Toyota and Lexus - clients of “Toyota Bank”.
Warren Buffett has offered to buy back the insurance for debts in 800 billion
Written on 14 February 2008 by adminAmerican investor-billionaire Warren Buffett has offered to assume responsibility for 800 billion liabilities of local USA authorities, informs Bloomberg. For the time being these obligations are insured by three largest insurers of bonds - MBIA, Ambac and FGIC.
Buffett’s Company, Berkshire Hathaway, is ready to invest in purchase of the insurance 5 billion dollars. His offer has already been rejected by one of the companies; two others have not given the answer yet.
Warren Buffett is going to take advantage of a difficult situation to catch the most profitable and reliable insurance papers of municipalities. At that the insurance companies will stay with the least reliable debts, having lost the chances to keep AAA rating.
The companies, which insure bonds, have at the moment had negative profit for a total sum of 41 billion dollars.
Where to buy an insurance policy for a tourist
Written on 12 February 2008 by adminBefore to choose the policy, you should be sure in the insurance company.
It is necessary to take into account the experience of the company in this or that kind of insurance that can be easily determined using special ratings in this kind of insurance (the information can be found in specialized magazines and on the Internet).
Consult to friends, who have already faced the choice of the insurance company, they can give you practical advice.
Cooperation with large tour operators is the sign of reliability.
Good company should have extensive office network with round-the-clock dispatching office.
Bear in mind, that the mechanism of the insurance can be compensatory or service. In the first case the tourist pays charges and receives indemnification already after the trip on the basis of the documents.
Service policies are much more convenient: you should only call in the service company, and it will organize and pay for medical aid, will check its quality, necessity and sufficiency. The insurance got in the respectable company, will help you to feel more confident and not to worry for relatives.
Insurance to the tourist. How many beans make five?
Written on 8 February 2008 by adminIn many respects cost of the insurance depends on features of the country. Insurers tell, each place of rest has its risks. The main “problem†countries from the point of view of the increased risk of diseases and traumatism are Turkey (catarrhal and gastrointestinal diseases leader), Egypt (allergic reactions, accidents), Thailand (gastrointestinal diseases, automobile accidents), and Tunis (all above-listed). Naturally, the chances of spoiled rest are insignificant. But you see, it worth securing against unexpectedness.
Age of the client also influences tariffs: young are insured more favorably. Except for that, the size of the insurance depends on way of your rest. If you like extreme sports, the insurer almost for certain will raise the price of the policy. But in this case be sure, that you will get the 100% help.
Bear in mind that before purchase of the policy you should stipulate in what cases the insurer will pay for your treatment and in what sizes. You should read very attentively rules of the insurance company and study limits of charges paid within the framework of the policy. Each risk has its own certain sum of charges.
What for the insurance to the tourist? Voluntary insurance
Written on 7 February 2008 by adminIn addition to medical insurance there is so-called voluntary insurance. You can buy the policy in case of loss of luggage, delay of flight and so on.
Experts say, the insurance from flight delay is very popular among tourists. If you have to wait for a flight for more than three hours (except for meteo-conditions), this inconvenience will be paid to you .
Insurance from staying is also rather favorable operation. If you refuse to travel, the tour agency returns to the client only a part of money. The insurer fills other charges of the client on the frustrated travel. However it is necessary to know that, as a rule, the compensated reasons for staying are: death, illness of the tourist or relatives, hearings with participation of the insured, an accident with property of the client.
Insurance of tourist’s luggage is not very popular service among insurers. In fact the insurer has to make inventory of the client’s suitcase, put a seal - not everyone will agree to such complex procedure.
What for the insurance to the tourist? Compulsory insurance
Written on 5 February 2008 by adminIt is not always possible to refuse insurance, especially if you are going abroad.
Some states, such as the USA, Japan and Schengen zone countries, will not grant a visa without medical insurance. And going to the States, Canada and Japan you will need the insurance, which will redress $50 thousand the least.
The visa to the European countries will be given only with the policy for a minimum €30 thousand.
For such countries as Vietnam and China, big sums are not required - there everything is cheap enough, therefore insurers offer policies with the sums of payments from $5 thousand to $15 thousand.
Benefit from such requirement favors to the traveler, rather than to local residents. If to speak simply, the insurance is a protection against contingencies connected to staying abroad. It is no secret that cost of services in some countries is much higher, than in others, and the insurance, at least, covers medical charges and transportation of the victim.
What for the insurance to the tourist?
Written on 1 February 2008 by adminIt is a frequent question for tourists who are going to travel or are buying the ticket for a train. Not many people know, that an additional piece of paper given together with the main travel document guarantees the tourist protection and compensation of contingencies.
Desirable insurance
Insurance is, as a rule, a voluntary dealing. For example, buying the ticket for a train you can always refuse to buy the insurance inform the cashier about it. However bear in mind that in case of an urgent help or injures, all cares will be undertaken by employees of the insurance company. Except for an advice what to do, they should undertake operative measures on you delivery to the nearest medical establishment. For this purpose you should call to round-the-clock dispatching service specified in the policy. Besides, the insurance company will compensate you a significant part of expenses for treatment.
British insurer Friends Provident can be merged for 4 billion pounds sterling
Written on 31 January 2008 by adminAmerican investment company JC Flowers informed, that can propose a purchase of the British insurer Friends Provident. After that statements Friends Provident’s quotations have grown by 5,6 %.
At the end of 2007 JC Flowers has made attempt to start negotiations about the M&A-transaction, suggesting to pay about 175 pence for each stock certificate of Friends Provident, or 4 billion pounds sterling for the company.
However then the British insurer doubted, whether the investment fund, which now holds 2,7 % of Friends Provident’s shares, can finance the transaction.
In opinion of analysts, the price in 175 pence for a stock certificate, offered by JC Flowers is very low: the management of the British insurer waits for the offer at a level of 200 pence.
