UK Insurance News

A report from IsureandGo, estimates that 1.74million claims were made to UK travel insurers, during last year, 2007.
More than half a million of those claims related to medical problems, with an overall value of £242.3million.
 Not far behind comes lost or stolen luggage, with 430,00 estimated claims, with £35.14million being paid out to claimants.
Cancelled flights comes third [...]

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OK theres not to much humour when talking about Insurance, so I have decided to post some funny claims stories. I know there are a lot of these around and have been for years, but these I hadn’t seen before.
“I started to slow down but the traffic was more stationary than I thought.”
“I pulled into [...]

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The severe storms in Britain during the summer months of 2007, have led to an increase in the number of complaints made to the independent Financial Ombudsman Service (FOS).
Last year, insurers forked out more than £3bn on claims from the summer floods. In June and July alone, 180,000 claims were made to insurers.  But the rise [...]

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Its March 12th, its Budget day, its National No Smoking Day, and its the first anniversary of the ban on smoking in public places. I think you can see where I am going with this.
Today’s Budget will almost certainly include the near mandatory tax increase on cigarettes, making it an even more expensive habit for [...]

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What price would you put on a Mother and Housewife?
It’s not something that we like to think about too much, but the people at Legal and General have put a market value on how much it would cost to employ somebody to do the day to day chores of running a household and looking after [...]

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