Reasons Why Insurance Claims May Get Rejected

June 18, 2018 12:22 pm

If there is even the slightest discrepancy in the information that the policyholder has provided, the insurer will be well within it’s right to reject any claim that is raised under the policy. Homeowner’s insurance is cover for your home (the building, not the contents). Remember that the insured value is not what you could get if you sold your property; it is for the cost of replacing or rebuilding your home at today’s values. Listed are some of the reasons claims are rejected. A peril you are not covered for caused the loss. If your loss was the result...

Young People Most Likely To Go Abroad Without Insurance

June 4, 2018 12:20 pm

  About 40%  of young people go abroad without travel insurance, risking medical fees of thousands of pounds if they are taken ill, a survey suggests. The Association of British Travel Agents surveyed 2,043 Britons and found those aged 18 to 24 were the most likely to go abroad without insurance. It comes after the family of a South Yorkshire traveller in Thailand had to raise £32,000 for his medical care. Overall a quarter of UK travellers are thought to go abroad without insurance. In 2015, 35-year-old Craig Lindley, from Barnsley, fell ill while celebrating a friend’s wedding on a...