Category Archives: Insurance

Rejected PPI Claims – Why You Might Still Have A Case

Dorothy45dsg8/ July 14, 2017/ Insurance/

When making mis-sold PPI claims, two possible outcomes are common to any application. You might be surprised to have a PPI claim rejected. Well, you might have missed something in your application or perhaps they could be the ones at fault. But first, you need to understand what determines whether a PPI was mis-sold or not. If you believe you fit into some of these categories, but you have a rejected claim, you have every reason to make an appeal. As a tip, you might be required to change the approach you used before.

Why you should make an appeal for a rejected PPI claim

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Anyone that is not in formal employment is not eligible for a PPI claim. It could be that you were self-employed, retired, or unemployed at the time. If you paid for PPI when you were not in employment and your claim has been rejected, you have a valid case. It is worth noting that one only qualifies for mis-sold PPI claims if they signed for PPI when not in employment.

Health

Were you asked anything about your medical condition? If you had a pre-existing medical but you still paid for PPI, you are entitled to a claim. Why? This is attributed to the fact that most policies would not cover you for a medical condition you already had.

Were you given a choice?

There are instances where a lender or a credit provider made it clear that PPI was compulsory. If paying PPI was against your wish in any way, you might have a valid case. In case your claim application was rejected on these grounds, you have every reason to appeal against such a ruling.

You were not aware you had a PPI

ASdSDsdSDAcThere are thousands of people who paid for PPI without their knowledge. This practice is unethical and qualifies to be a case of mis-sold PPI. In case this subject was not made clear to you from the start, the chances are that it might have been mis-sold to you.

If you have your claims rejected in the past, you have no reason to lose hope. You can still make an appeal and receive your claims. As mentioned earlier, your success depends on how you go about this process. If you have had an unsuccessful application or you cannot afford to go through one, you should work with a reputable ppi claims company.

Top Benefits Of Virtual Insurance Agencies

Dorothy45dsg8/ January 25, 2017/ Insurance/

Virtual Insurance companies perform essential duties on behalf of the big insurance firms. Most of the times they are even busier than any other virtual assistance company you can think of. This is because insurance companies have given more focus on selling insurance policies to more clients than ever. Understanding the various benefits of outsourcing these kinds of services is crucial and will help insurance firms to embrace the concept.

Benefits of virtual insurance agencies

Saves on cost

gfdgfdgfdgdfgdfgdf This benefit applies to the insurance firms. Running an internal back office is an expensive system of work. Maintaining the staff and the system is a daunting process and may require a maintenance fee. Therefore, outsourcing for these kinds of services will save money for the company. The virtual insurance agencies run their staff and systems independently and only charge an agreed fee depending probably on the amount of work they process for you.

Professional results

Probably, you thought just anyone runs virtual insurance agencies. That’s not the case. Professional insurance experts operate These agencies with many years of experience. As a result, they also employ staff with insurance related experience to handle the work you assign them. At the end of the day, the results they give are high quality and without errors. Virtual Insurance Service – BPO is a good example of a reliable outsourced virtual agency.

Insurance firms can focus on customer contact tasks

Insurance is a client service business and requires a high level of customer focus. With the worries of back office taken by a reliable virtual agency, then the insurance can give more attention to their customers. They can recruit more insurance sales agents to bring in more customers. This in return increases the productivity of the company at a low cost on staffing.

Faster results

dfgdfgdgdfgfdgfdgClients are looking for faster results, and that’s how they measure the competency of an insurance company. With a dedicated outsourced virtual company, then results are delivered fast with accuracy. Client’s claims are reconciled quickly, and file updating is also fast. This leads to better overall services. Running these kinds of fast services internally can be tricky on the other hand.

Better clients’ relationship

The smooth operation of services will create a better client relation between the insurance firm and their clients. As long as there are no complaints, then the customer relations offers and managers will only be receiving thank you letters from clients which in return helps the company to grow.

Factors to Consider when Choosing a Senior Life Insurance

Mandy Emmert/ November 25, 2016/ Insurance/

Needing a senior life insurance policy is not necessarily easy considering the many offers available online. Look at different senior whole life insurance policies available. Therefore, it takes effort and time to find a life insurance policy that meets the needs and budget

Choosing a senior whole life insurance

The need of insurance coversadsadaddsa

You will discover that not everyone needs the online senior life insurance policy. In case you are young, single and do not have dependents you may not need the senior’s term policy. In such circumstances, you are advised to consider other insurance policies such as the 30-year term policy to cater for your days of retirement.

Type of insurance policy

There are many types of insurance covers available including the simplest annual plan to the whole life insurance policy. To learn more about the product policies you can consider seeking advice.

Depending on your needs you will need to find an appropriate policy. Determine how long you will need the insurance cover. Find out whether you need the term or the specific term insurance policy.

The cover that you will need

Insurance shoppers are normally encouraged to buy a policy that is about 8-10 times the annual income of the insurance shopper. To choose the right cover, you need to determine where and how the insurance benefits will be used. The benefits are normally channeled to the beneficiaries.

Also, they can be used to pay off any debts or loans, cater for pre-existing medical conditions, cater for the children’s college education, and cater for funeral costs and other liabilities. Therefore, it is important to choose a policy that is enough to cover all possible expenses that the dependents may have.

The company’s backgroundasdsadasdsa

The background of the company helps to facilitate an informed decision. It is advisable to consider choosing a provider with a good record of handling customers. By reading through the clients’ reviews, referees and recommendations you will get an idea whether the service provider is good or not.

The company’s premiums

The premiums charged by different service providers vary among different companies. Each of the companies endorses a different format for computing the risks as well as deriving the premiums. Therefore, it is important to find as many quotes as possible to compare. This way, the insurance shopper will avoid paying exorbitant rates for their insurance policy.

The top Benefits of Home Insurance Agents

Dorothy45dsg8/ June 26, 2016/ Insurance/

Misfortunes are part of life. Therefore, managing them is a responsibility of each and every one. Getting the right homeowners insurance is the biggest step one can take in cushioning many property risks. No matter the size of the property, the extent of damages can be costly not mentioning those of high-value homes. In the current world, home insurance has advanced—different coverage levels, various carriers, and many options to choose. Most home insurance agents promise the best coverage, but not all keep their word. Therefore, it makes sense to seek assistance from a reputable home insurance agent. Insurance agents do much more than just selling insurance products. Here are the top benefits of these insurance agents.

Top Benefits of Home insurance agents

They are experienced and work professionallydcfgnhjmffc

Home insurance agents are like most other insurance brokers. They deal with a vast range of insurance services and products. Since they are qualified and have sufficient experience in the insurance field, they assist in recommending the best options that deliver a bespoke cover to a homeowner. In the case of a loss, they will also provide reliable guidance when navigating through the overwhelming claims process. Additionally, they understand the situation of every homeowner and will provide personalized services.

Financial Savings

Insurance agents are well acquainted with insurance bundling and group insurance options. Such options are beneficial in cutting the insurance costs down which ends up saving regular premium payments. They also help in finding discounted options that contribute to reducing insurance premiums. They will contact different insurance providers on behalf of a homeowner and select the best that suits a homeowner’s insurance needs. They also give a full disclosure of rates and their effects on insurance premiums. It makes it easy to make properly informed decisions whether to shift to the next provider or not.

Provide one-stop shopping

Home insurance, like any other insurance coverage, is a complicated purchase. Moving from one provider to another seeking the best option can be stressful and time-consuming. However, working with an agent reduces all these hassles. They avail a wide selection of products and features making it easy to select the best coverage.

Reliable lifetime consultants

fcdcsfvbgfnhgnm dfHome insurance agents review insurance coverage periodically. This is beneficial as insurance products change with time whether one is renovating a home, renting out or selling an apartment. In such cases, agents offer their best pieces of advice. They are always around the corner to share their interests and help the owner understand various overwhelming features.

Insurance is all about buying a promise for a cover. Therefore, it can be very easy to make mistakes. However, working with an agent eliminates such stumbles. The above are the top benefits of home insurance agents.