As soon as that first flake of snow hits the ground, many people across the United States take their skis out of storage and just wait for the announcement that their favorite hills have opened their runs, but there are some additional considerations that these enthusiasts should make aside from the condition of their ski equipment. Even if you already have health insurance, you may still find it worthwhile to consider additional accident insurance as it will help to cover some of the expenses that standard coverage will not; for…
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U.K. auto insurance rates rise as large claims shrink
This year has shown a continuation of the increase in car insurance rates in the United Kingdom, as some motorists find themselves faced with premiums that are as much as 50 percent higher than they were in 2010. Equally, according to the U.K. Motor Market Review, which is performed annually by top reinsurance advisor (and part of global insurance broker, Willis Group Holdings) Willis Re, the number and frequency of large claims from serious injuries and deaths resulting from crashes in the country have fallen by a notable 10 percent…
Read MoreHealth and accident insurance in India to skyrocket by 22 percent by 2015
According to a report just released by BRICdata, the health and accident insurance market in India is expected to keep up its trend toward massive growth, and will see an increase of 22 percent over a span of 5 years. The anticipated rise, along with the lower need for capital will form an appealing marketplace for new firms to start to take their place. The report also explained that the environment may also be quite attractive for new startups, as well. Though the market is currently dominated by insurance providers…
Read MoreWinter ski safety tips that keep safety first
Last year, ski travel returned as a popular trend as a result of a long natural snow season and record snowfalls that gave winter sports enthusiasts lots of extra time to enjoy them. Now that the holiday season is upon us once more, the ski season is about to start as well, and consumers are starting to begin their travel planning. With that in mind, insurance and travel professionals are recommending that travelers take certain precautions to keep safety at the top of their list during this year’s winter season.…
Read MoreAssociation of British Insurers says that cyclists are unaware of the severity of road cycling risks
The Association of British Insurers (ABI) has released a statement that urged cyclists to obtain insurance as inadequate coverage could lead them to face significant expenses if they are ever found responsible for causing an accident or if they are injured as a result of an accident. A spokesman for the ABI, Malcolm Tarling stated that it is quite likely that a cyclist will be injured if he or she is ever involved in an accident. He added that every month, there are 230 cyclists seriously injured or killed on…
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