Insurance Policy

Motor insurer Admiral hit by ban on referral fees from personal injury lawyers

The Ministry of Justice said it would abolish the controversial payments in order to stem the rising tide of personal injury claims, which have been blamed for inflating the cost of motor insurance by 40pc over the past year. Referral fees are paid to insurers for passing on details of accident victims to third parties. The announcement came in an embargoed release after the close of the market on Thursday and just hours after the Office of Fair Trading (OFT) launched a separate investigation into the sector to see whether consumers were being overcharged to insure their vehicles.

Category: Insurance Policy

About our home insurance

Your home is your biggest investment, so you'll get up to £1 million buildings cover as standard. You'll get up to £100,000 contents cover for the things inside your home (limits apply). If after a flood or fire your home is uninhabitable, we'll find you, your family and pets a place to stay while repair works are carried out (cover limits apply). Our friendly sales, service and claims teams are always happy to assist you. In the event of loss or damage, we’ll replace items such as carpets and furniture (if they can't be repaired) with new ones.

Category: Insurance Policy

RAA Motorcycle Insurance Review February 2017

If you’re looking for a motorcycle insurance policy that offers a high level of protection for you and your bike, RAA Comprehensive Motorcycle Insurance is well worth a look. Underwritten by RAA Insurance Limited, this policy covers loss or damage to your bike, rider safety equipment, new-vehicle replacement for motorcycles less than two years old, and $20 million of legal liability cover. Backed by the freedom to choose your own repairer and a fast and easy claims process, it’s worth considering when trying to find the right cover for your bike.

Category: Insurance Policy

FindLaw's Supreme Court of Montana case and opinions.

For Appellants: John M. Morrison (argued), Linda M. Deola, Morrison, Sherwood, Wilson & Deola, PLLP; Helena, Montana. For Appellees: Randall J. Colbert (argued), Robert C. Lukes, Garlington, Lohn & Robinson, PLLP; Missoula, Montana. ¶ 1 Jan Gregson and James Gleason, as co-personal representatives of the Estate of Judith Gleason (the Estate), appeal from various rulings by the First Judicial District, Lewis and Clark County. Defendant Central United Life Insurance, Co. (CULI) cross-appeals. We affirm in part, reverse in part, and remand for a new trial consistent with this opinion.

Category: Insurance Policy

Bajaj Allianz Life Insurance Company Limited

Bajaj Allianz Life Insurance It's a joint venture between Bajaj Finserv Limited and Allianz SE. Both enjoy a status of proficiency, constancy and power. Bajaj Allianz received the Insurance Regulatory and Development Authority (IRDA) certificate of registration on 2nd May,2001 to carry out various businesses in India. The company has a certified and paid up capital of Rs110 crores. Bajaj Finserv Limited holds 74% and the residual 26% is held by Allianz, SE. The Bajaj Allianz has achieved LOKMAT 2014 BFSI Awards for Best Life Insurance Company in Private Sector and established SKOCH Financial Inclusion & Deepening Award 2014.

Category: Insurance Policy

The £150bn life insurance mis-selling scandal

Posted by Infinity on January 27, 2015 We’re one of the leading financial services companies in Asia, and provide a unique brand of personalised financial solutions to clients across the region. Visit our main site Consumers in the UK are no strangers to financial mis-selling scandals. The mis-selling of payment protection insurance (PPI) was Britain’s biggest banking scandal with banks paying out over £22bn in compensation. Yet another Financial Conduct Authority (FCA) enquiry began last summer and is looking into the sales of private pensions, endowments, investment bonds and life insurance to customers between the 1970s and 2000.

Category: Insurance Policy

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