Category Archives: Insurance

Taking Your Insurance Software to The Next Level

In these days of increased technology, we need to constantly update absolutely everything. Our phones need to be updated, our computers need to be updated, our tablets need to be updated, and of course, anything business-related also needs to be updated extremely regularly indeed.

What happens if you don’t update your business software tools on a regular basis?

Basically, you are bang out of date, and customers decide to go elsewhere.

Staying ahead of the game, and at least staying up to date with developments, is imperative, and if you fall to tick this very basic box, you are not going to go very far at all. It’s that simple.

Everything is computerised, from booking a holiday to finding our next life partner, and when it comes to insurance software providers, you will know only too well that technology has been seeping its way into the industry for a long time. Nowadays, you cannot survive in the insurance industry if you don’t come to terms with the importance of technology, it simply isn’t going to happen.

Your insurance software therefore needs to be not only up to date at all times, but it also needs to be personalised to your particular business needs.

Don’t Lose The Personal Touch

One of the fears of taking everything online is that you lose touch with your customers and clients on a personal level. Without knocking on doors and picking up the phone, as was the way back in the day, you may worry that you are simply going to be dealing with numbers, rather than people, but if you find the best software for your needs, this isn’t going to happen.

CRM, Customer Relationship Management, is an important and very do-able part of your insurance software, and if you find the best software suite or package for you, you will soon find that the personal touch is not lost in the slightest. High quality packages have the ability to send out regular correspondence to your client database, and provided you keep all their details relevant and accurate (of course you should do this anyway, as per Data Protection Laws), then you can stay in touch without any problem. How? Well, good quality insurance software will send out regular correspondence automatically, quote letters, and offers etc, so you can easily attract new custom, and keep your old clients happy too.

Making Use of The Cloud

You will no doubt have used cloud technology in the past, iTunes make great use of this as one example, but you can also use it when it comes to finding the best insurance software for your business. SaaS (Software as a Service) is a way of searching for the best software for you and then downloading it from the cloud, without needing to purchase costly licenses in the process. This saves you money and it also saves you time, because you can personalise the software package to your particular business, suiting your needs and that of your clients.

Making Everything Smooth And Easy

If you make things difficult, clients are simply going to give up with their dealings of you. Word of mouth is an extremely powerful tool and if you upset several customers over time, you are going to find that your reputation is heading downwards as a result. Now, if you keep your processes transparent, easy, and smooth then you will please your customers, and your employees of course, and this will make it much more likely for customers to come back to you for repeat business, whilst also making it easier to attract new clients and customers too.

Why Does it All Come Down to Software?

Why? Because as we mentioned at the start of this story, everything is computerised these days, and if you are using a computer then you need to use a software package – it’s that simple.

Manual methods do not work, and you will not survive, as we have mentioned. Now, if you keep your software choices up to date and you identify the right one, personalising it as you need to, you will make the whole process of attracting and keeping business easier. On top of this, you are more likely to have happier employees too, because your software package will be easy to use, making their lives easier.

From marketing, to quotes, underwriting, to purchases, every single part of the story needs to be seamless and easy to do, and finding the best software package for your needs will tick all of these boxes, whilst also making you more competitive and efficient as a result.

Stay Ahead of The Game

Your competition have probably already figured this out, and that means they are currently searching for the best software package for their needs, downloading it, keeping it updated and personalising it to their needs. Now, if you find a customer who is on the fence about who they are going to choose between – you or them, which do you think they will go with?

Of course, they are going to choose your competition, because they are more able to provide the top quality service the customer wants, whereas you can only provide a sub-standard service, because your software does not allow you to do anything else, regardless of how good your insurance policies are.

Don’t allow cost effectiveness and profit to fly out of the window, place the right amount of importance on your insurance software and dedicate the right amount of time to getting the decision right. From there, the story doesn’t end, because you need to make sure it is up to date at all times. This might sound like a mountain to climb, but it’s not that strenuous if you make the right decision from the get-go, and it’s a mountain that has a wonderful view from the top.

Why Many PPI Claimants Want Estimates Of Their Claims’ Value Before Claiming

canstockphoto1478706There is a growing trend amongst UK payment protection insurance claims victims of wanting to know the value of their claim in advance as opposed to waiting until the claim has completed and receiving their check in the mail.

What is a PPI Claim?

The term “ppi claim” refers to when a potential ppi miss-selling victim endeavours to get a refund for the miss sold policy they paid insurance premiums on.

This can be done in 2 ways:

1. Use a ppi claims management company to help you, some of them offer free ppi calculator estimations to help the website visitors estimate the value of their claims. Once you engage the services of a claims management company the claim begins and if successful you will receive your refund & someone else does the work and the chasing up for you (you just have to provide information) (you will pay a fee on completion).

2. Claim yourself without the use of a claims company, slower, however it is free, with no fees payable to a company for their services.

Why Do People Now Want To Calculate Their Refund Before Claiming?

One reason is that there are costs associated with using companies, so some people want to calculate the value of their claim upfront along with any costs that may accompany that refund.

Another reason is the growing availability of these ppi calculation tools that can give people guidance on how much their claim could be worth (before it was a compliance minefield, now it is permissible and is perfectly fine as long as no false statements are included).

An additional reason is just pure curiosity, people like to get excited about windfalls and the prospect of a big refund, this is human.

An advantage of knowing what a claims’ value could be is that it gives the claimant an idea of how much investigation could be required too, and whether it is worth them pursuing it alone in relation to how much money they could be refunded by the banks.

Aside From A Refund, Are There Other Fees Or Compensations Due?

Interest is paid on each insurance premium payment to the rate of statutory interest (which is 8% in the UK), this is given to the victim of miss-selling once their claim is completed (if successful), certain charges can also be repaid, it is worth discussing this with the company that you decide to put the claim through with.

It is advised that with the impending ppi claims deadline, any claims not started yet are put through as soon as humanly possible, even if this means using a claims’ firm to expedite the commencement of it.

Once spring 2018 comes it will likely be too late due to the recent enforcements by the financial regulators as the banks’ campaigning has granted them a deadline, however there is still more than enough time for people to input their claims until that comes into play.

There are a wealth of websites and lots of information to guide anyone making a claim, simple searches online can give all the information someone might need in order to get started.

Betting the Bills: Ideas to Make Your Health Care More Affordable

The Affordable Care Act (ACA) has made it legally mandatory for all U.S. citizens to have health insurance. Regardless of whose side you’re on about ACA, the bigger financial issue is being able to make health care more affordable. These three steps will help ease the transition and make your bills a bit more manageable.

Get Familiar with Medical Charges Beforehand
Health insurance isn’t like walking into a retail store where members are able to see all options and decide between prices. While this is the case for monthly health insurance memberships, when health insurance bills are calculated, even the slightest modification can make the difference in whether mental or dental health care is covered.

For example, dental insurance companies may offer two “free” cleanings every six months. However, say this same patient came into a dentist’s office for jaw or tooth pain, and it turned out to be temporomandibular joint disorder (TMJ). This would be categorized as a “limited” exam and would not be covered under a dental cleaning.

If possible, contact the health or dental insurance beforehand to get an estimate on what will be covered and what won’t. Many insurance billing departments will demand either a medical or dental code in order to give an exact amount. Stand firm. Ask for an estimate. Even if the amount is higher later, at least the member will have a general idea. This also helps if a member gets a surprise co-pay or additional pay by the end of the visit. Just as dental and medical companies can call health insurance companies to verify what’s covered, the paying member has those same rights.

Sign Up for a Health Savings Account (HSA)
Health insurance may be expensive when it’s directly taken out of a paycheck, but opting for a health savings account may be the better option for members who don’t need to see medical professionals on a regular basis. Some companies will give their employees the option to do one or the other. If HSAs are chosen, then the employee can pay a smaller monthly health insurance bill. Use the remaining amount and deposit it into an HSA account. HSAs cover all valid medical, dental and vision charges as long as they can be traced to a legitimate health care company. This way, employees don’t have to reach into their own wallets to pay the difference. Take advantage of the savings plans and stay within your budget.

Embrace Digital Technology
Not every medical professional is thrilled with the idea of patients sending secure messages through their hospital or office. But for the more tech savvy medical professionals, this is incredibly useful. Up to a certain extent, patients can describe their symptoms and the doctor can give advice back electronically. This is a useful way to eliminate extra visits to the doctor’s office for non-medical emergencies, and beats getting misinformation online from non-licensed experts. And keep in mind, if patients opt for incorrect medical advice from non-professionals and a medical emergency happens, that makes it equally difficult for a SBMB Law office to pursue a health claim. It also helps free up the responsibility of the doctor from a medical malpractice lawsuit in Toronto if advice was taken from a non-professional first.

While health insurance members can’t totally control their payments or billing, having a better understanding of what can and cannot be controlled within medical expenses is a step in the right direction. Having a better understanding of rates, saving accordingly, and using technology to skip unnecessary co-pays may help to make every day medical spending more bearable.

How To Know If Your Car Insurance Is Really Saving You Money

Car insurance companies spend a lot of money to convince you that you’ll save money by getting insured through them. While hype abounds, it isn’t always easy to know if you’re actually saving money. Here are some key ways for you to tell.

Shop Around

The typical car insurance policy runs 6 months to a year and you’re not obligated to stay with any company. Anthony Clark Insurance Brokerage, a Calgary auto insurance provider, recommends getting quotes from other insurance companies when your policy is coming up for renewal. If the quotes come back higher than what you’re currently paying, you’re saving money. A quick word of warning, you should be sure to specify the levels of coverage you want. If you want more than just basic liability coverage, it can change your quote dramatically.

Check the Discounts

Most insurance companies offer a number of discounts, but the discounts aren’t always identical. Look at the discounts offered by your company to make sure you’re taking advantage of all the ones you qualify for. Look to see what discounts the competition offer. Insurance companies sometimes make arrangements with specific organizations, such as alumni associations, professional associations and unions, to provide discounts to members that can drop the premium below what you currently pay.

Check with Your Employer

Businesses often negotiate a discount or group rate on insurance for employees, but that information may be tucked away in the back of an employee handbook or forgotten during orientation. Ask your employer if they have an arrangement with an auto insurance provider and, if so, how to go about securing the discounted rate. Alternatively, your bank may offer a similar deal to its members to get discounts on auto insurance policies. If you’re stilling paying less than the discounted rate, your company is saving you money.

Combined Coverage

Ask if your insurance company offers combined coverage for auto and home. Combined policies often come with a nice discount, as much as 15% in some cases. If your company doesn’t offer combined coverage, you may well be paying out more than you need to for both car and home insurance.


Determining whether or not your car insurance is really saving you money does take some legwork. You need to compare rates, discounts and policy options across companies. You also need to investigate whether your employee or an organization you belong to offers a better deal. If you do the legwork, though, you can know if your insurance saves you money.

“Updating Your Home Insurance Policy After Your Move” OR “Checking on insurance during a house move”

Right, the big day has been and gone and the weeks of packing and preparation have led you to your lovely new home without too many boxes that are suspiciously more rattly than when they were packed. Not only did the removals guys find the right postcode for your new abode, but they even found the right room with some of your carefully labelled boxes. Insurance probably won’t be the first thought you have under these circumstances, but it should certainly be somewhere on the checklist.

Insuring the fragile contents– Probably the first thing to consider is who is actually doing the move for you and will they have appropriate insurance cover for the job they are doing.

A reputable, professional removals firm will, of course, be fully insured and if anything happens to your valuable home contents whilst they are in their care you will have the security of knowing you won’t be out of pocket, at least financially.

However these professional house movers often come at a substantial cost and in these financially strained times more and more people adopt a DIY approach, hiring a large van or a man with van service and doing the job themselves. In these circumstances it is definitely worth speaking to either your home insurance provider or even the vehicle insurer to arrange additional cover for this purpose.

Insuring a smooth move– Ideally, and if you are the super-organised type, you will have called the insurance providers along with the utility companies, telephone provider and banks some time in advance of the big day and informed them of your plans.

However, the rest of us stumble along and deal with these things as and when we remember or when a problem arises. The important thing to remember with insurance services is that in the event of a claim, if the material facts differ substantially from the agreed details on the policy document they won’t pay out. In other words if your new home floods, or catches fire, and you haven’t updated the insurance company with your new details then you may well find yourself uninsured. It really is pretty difficult to overstate the importance of dealing with these things as soon as possible!

Insuring a happy home- The fresh start offered by a new home is a great time to review all manner of things and there are many comparison sites to be found on the internet that make the job really easy. With the Internet and the online policy management facilities offered by most insurers, you are not even constrained by office hours or the need to speak to a real person to keep your insurances up to date. With home insurance, just like vehicle insurance, is worth shopping around to make sure you are getting a competitive deal – both in terms of the cost of the premium but also on level of cover, voluntary and mandatory excesses. Such additional extras as jewellery and high value items cover, and cover outside the house can be added to the policy at extra cost but do provide real peace of mind.

Author bio: Samuel Joyce is a writer by heart. He lives in London with his wife and his lovely child. He has contributed many articles related to home improvement, home removals and interior decoration. Besides he has also written about companies offering removal services in London.


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6 Things To Consider When It Comes To Property Insurance

1020195_20559248Property insurance has become a necessity from luxury. Shopping for property insurance is nagging and challenging. If you want to protect your home from any future danger or disaster, you should take home insurance which covers your valuable possessions. If you have a loan on your property, you should ask your lender for payment protection insurance which is different from property insurance. If you are unable to repay the loan amount due to unemployment or disability, PPI claims will get activated to repay the remaining amount. Following are the six things to consider when it comes to home insurance.

  1. Credit record: Credit rating is one of the essential factors to consider while taking property insurance. Credit record allows you to estimate your credit risk. It is the one of the basic parameter for banker to grant you loan. A good credit record assures your all forms of loans like car loans, mortgage loans and personal loans. Many insurance organisations thoroughly checks customer’s credit record before granting loans due to recent economic downturn. If you want to maintain a good credit score, pay the bills before the due date, avoid taking many credit cards and analyse the credit report. If you want instant improvement in your credit score, you can apply for pay day loans, as these are easiest way to increase your credit score.
  2. Deals and discounts: Most insurance firms which offer discounts on wide range of insurance policies. Ask them for discounts on interest rates and period of payment, unless you won’t request they will not grant. Discount is one the most important thing to consider before buying home insurance.
  3. Compare rates: There are several insurance offering agencies in the market with various policy ranges and rates. Compare interest rates and policy premiums before signing a deal. You may get the same insurance policy with low interest rate when you compare with other insurance firm which is offering the same policy at high interest rates. You should snatch the best insurance policy among the various property insurances.
  4. Home security: Many home owners have no idea that they can save little extra money, when they work on their home security options. It is even helpful to secure their home from uncertainties. Almost every insurance organisation reduce around 15-20% of premium on security alarms and give at least 5% discount for fire and smoke detectors. Secure your home with smoke and fire detectors, burglar alarms and dead-bolt locks.
  5. Stay with the same insurer: Make sure that you are holding your insurance policy with the same insurer for longer periods. You can avail special discounts of up to 5-10 % when you stay with the same insurance firm.
  6. Purchase online: Online purchasers may get property insurance policies with attractive discounts. Few organisations may decrease monthly premiums and some may reduce overall interest rates, so shop online to grab the opportunity.


Maria R is passionate writer who loves to write related to general topics.  Follow her at ppiclaimsmaria


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