Don’t Invalidate Fire Insurance

Don’t invalidate your fire insurance policy.

I find this a very strange case but it just shows how important it is to read the small print as if you ignore the conditions of the policy your policy could be invalidated.

In this case it was a condition of the FIRE insurance that the SECURITY Alarm was maintained and monitored. Times had been tough for the insured and he let the maintenance of the security alarm lapse and as the ARC had not been paid for 6 months they stopped monitoring the site.

Vandals broke in and set fire to the factory. It was a furniture company and they incurred losses of over £750,000.

The case went to the High Court, the judge had nothing but sympathy for the Directors of the Company and he took ‘no pleasure’ in ruling that as it was a condition of the combined insurance policy that alarm was to be monitored by an external firm, the Insurers did not have to meet the claim.

There are often conditions attached to the insurance policies we take out which relate directly to the risk. We need to make sure our cars have valid MOTs in order not to invalidate the policy. We are required to notify the insurance company if we get a speeding fine but, to my mind oddly, you do not have to tell them if you decide to do the Speed Awareness Course rather than pay the fine.

I have just come across a case, now in front of the insurance Ombudsman, where an insurance company voided the policy and returned all the premiums because the policy holder had unwittingly exceed the value of the ‘valuables’ within their contents insurance. They had insured the contents of their house for £60,000 but there was a clause stating that the value of the valuables should not exceed 66% of this.

They had to rush their daughter to hospital, and while they were out the thieves struck taking goods and damaging the property to the value of £70,000. When assessing the claim the loss adjusters calculated that the value if the valuables in the house exceeded £40,000. Normally claims would be ‘averaged’ to reflect the under insurance, but the insurance company in this case argued that the under insurance voided the policy. As I said this case is in front of the ombudsman as I write.

Back to case in hand where a fire insurance claim was dismissed as a security alarm and monitoring were allowed to lapse. Clients of ours run a hotel and there is someone on reception all the time so if the fire alarm is activated there was always someone on duty to respond. We came round to the time when the annual contract with the ARC [monitoring station] needed to be renewed. The Hotel Manger wanted to cancel it as it was considered an unnecessary expense. I said I agreed but asked him to check with his insurers to make sure they had no objections. The Insurers confirmed; monitoring was a condition of the policy.

Often with in the insurance policy there is a clause that the fire alarm is maintained in accordance with British Standards. It would be interesting to know whether a similar claim has been dismissed as the Fire Alarm has not been adequately maintained.

Considerations When Buying the Best Independent Dental Insurance Plans

Since the whole principle for buying dental insurance is to obtain coverage for treatments, consider your needs before you decide on a plan.

For example, if you do not need cosmetic treatment cover, there is really no point in paying additional money for it. Most insurance companies offer three levels of coverage – preventive maintenance, restorative treatments and major treatments. Talk to the insurer and understand which treatments are covered under each independent dental insurance plan.

Dentist networks

Most dental plans are network based. This means that you receive maximum benefits if you go to dentists within the network, and you might not receive any benefits if you visit a dentist who is not a part of the network. There is really no point in signing up with a plan that has a small dentist network within your locality. Ask your dentist if he is enrolled in a reputable network and join that plan. You’ll be more comfortable. You might also receive discounts if your dentist recommends you.

Affordability

Finally, it all boils down to costs. If you cannot afford it, there is no point in buying a comprehensive policy. Cost should not be the only criteria for selection. Analyse different options, narrow the list down to the ones that are the most appropriate and decide based on the cost. Check out your out of pocket expenses such as deductibles and premium payment options.

Here, you need to keep a very important consideration in mind. Different dentists divide treatments into different categories. For example, some dentists might consider cavities as a basic treatment while some others might categorize it into the next level of dental care. Your basic dental cover might not cover it. You need to talk to a dentist within the insurance network and be clear about the different coverage options.

Additional coverage

Besides the basic features available in the plan, some policies offer additional coverage. This might include treatments that are cosmetic in nature. Some policies give you the option to choose among different coverage choices. If you are not satisfied with the basic cover, you need to look for a policy that offers good additional coverage instead of choosing major cover. Major coverage policies are more expensive than the ones that offer basic insurance with additional coverage. Compare different companies, request quotes from them and choose the best independent dental insurance plan.

Waiting periods

You really do not want to buy a policy that has a waiting period of months. Select a policy that offers coverage in the soonest possible time.

Keep these considerations in mind when you buy an independent dental insurance plan.

If you’re looking for cheap dental insurance coverage, you can choose from over 30 regional dentist plans by visiting a reputable dental insurance quote comparison site. Enter your zip code in the quote engine at the foot of the page and compare plans instantly. It’s a lot easier than leafing through the Yellow Pages!

Understanding Minor Fractures

A fracture is essentially a broken bone. Sometimes, when external force is applied to a bone, the bone is unable to withstand the force and it breaks or cracks. This break or crack is called a fracture. When the bone breaks completely it is referred to as a major fracture. A crack in the bone is called a minor or stress fracture.

Common Causes Of Minor Fractures

Minor fractures are typically caused by high impact sports and sports that require repetitive movements. High impact sports such as basketball, soccer and long distance running commonly result in cracks in the legs or feet. Sports such as rowing, cricket and bowling, all of which call for repetitive movements, tend to cause minor fractures in the arms, shoulders and other parts of the body.

Problems can also arise when individuals abruptly start out a new exercise or increase the intensity of their workout without warming up or conditioning their muscles. This increases the amount of pressure that is exerted on the bones causing them to crack.

Anatomical abnormalities, faulty equipment when working out and osteoporosis are other common causative factors.

Symptoms & Diagnosis of Minor Fractures

If you have a dull, persistent pain with a swelling around the site of the injury, chances are it is more likely to be a crack in the bone or a minor fracture. In case of a major injury, the pain is more likely to be sharp and excruciating. In either case, it is important to visit a doctor so that you can get an accurate diagnosis and appropriate treatment that will help ease the symptoms and heal the injury. If you suspect that your bone may be cracked or broken, never try and diagnose or treat it yourself as this could make matters worse.

Your doctor will conduct a thorough physical examination to diagnose the presence of a crack in the bone. Depending on the site of the injury and the severity of your symptoms, the doctor may ask you to get an X-Ray or to do an MRI for a more accurate diagnosis.

Treatment

If a minor fracture is confirmed, the first things your doctor will ask you to do is to apply ice onto the affected area several times over the next 24 to 48 hours and to minimize all activity involving that area. It is important to let the bone rest as much as possible so that it can heal itself. When the swelling and pain has subsided and you are ready to return to activity again, it is important that you do this slowly and carefully so you don’t risk injuring yourself again.

Can a Bad Credit Report Stop You From Landing Your Dream Job?

Bad credit can affect more than you think!

Today, we live in a fast-paced world where employees are crucial to the success of a business. Businesses rely on a high level of productivity and want their employees to be diligent and work efficiently.

During these tough economic times employers are taking extensive measures to select the right candidates. It’s common for human resource departments to do extensive background checks, including requesting and scrutinizing credit reports.

Why is your credit report relevant?

For starters, a quick peek at your credit report can reveal a lot about your dedication, level of organization, and ethics. If you are not managing your own financial life properly, most employees believe that it could be mirrored into your work life.

Keep in mind honesty, reliability and time management skills are important to every business. With so many good candidates to choose from, businesses are in the driver’s seat, and can hire the cream of the crop.

3 Ways Bad Credit Can Hurt Your Job Chances:

Employers know that bad credit can affect every area of your life. Being hounded by collection agencies can be extremely distracting to your home and work life. It can cause a lot of stress and undue absence, as well as affect your mood and level of performance.

Employers might believe that you don’t take the contracts you sign or your obligations seriously. To some bosses, a bad credit report can make you look irresponsible and untrustworthy. Above all else, businesses want people with a proven track record for following through.

A bad payment history could show potential employers that you have trouble sticking to a schedule. In such a technologically-advanced age – with email reminders and late payment notifications – there are few excuses for forgetting (or mismanaging) your finances. Chronic late payments could send the wrong message.

Bottom line: A company’s reputation and profitability depend on their employees. Good employees are their bread and butter so to speak.

Which is why businesses need to hire people who are productive and dependable. They want employees that will show up on time, follow through on their commitments, and manage the tasks they are given, on time.

The fact of the matter is that many bosses believe that if you can’t manage your own affairs, you can’t possibly manage theirs.

Nowadays, employers are relying upon personal and financial background checks before deciding who to hire.

Keep this in mind if you suffer from bad credit.

Creativity Can Create an Income – Crafting From Home

Often times creative people need an outlet for their goods. Thinking of starting an online shop on your own might seem overwhelming. If you break down everything into baby steps, opening your own store is actually not as difficult as you might think.

If you are like many creative people, your brain is always full of ideas. In order to create a business, you need to hone in on your niche. What do you love to create? Is it an item that would sell? Can you make enough money justifying the time involved in creating this item? These are all questions you will need to invest time and thought on answering. Do your research and investigate sources such as Etsy to see how saturated that market is, how well the items are selling, and if the going price works for you.

Once you have determined your product line, it is time to create your brand. Play around with names, logos and colors. You want your brand to represent you as well as a brand that is easily recognizable.

The next step, one of the most fun steps, is very important. Search for tips online. Practice, practice, practice. Try different angles, locations, and lighting, until you have a beautiful photo.

Decide if you want to sell on a multi seller platform such as Etsy, or a stand alone site. As a beginner, someplace like Etsy is a great place to start selling your craft. If you choose to go with Etsy, dig in and start a shop. Within a few hours, you can have your shop up and running. Should you choose to start a stand alone store, you will need to research the best options for your shop.

Once you have your products listed for sale, your job will be to drive traffic to the site. This is where the dedication comes in play. In order for your shop to succeed, you will have to put in the time getting your product seen. Facebook, blogs, Instagram and Twitter are all great outlets. If you set aside a certain amount of time daily to promote your goods, you will soon see the rewards. While working from home, distractions can happen easily. Your focus and diligence will be the determining factor in whether or not your products begin to sell. So, if you are still interested in opening a shop of your own, what are you waiting for? Go forth and sell!