Insurance Info

Probably, you already know a little information about payment protection insurance or PPI. However, if you are considering purchasing PPI or creating PPI claims it’s always a good idea to get more information and details on this kind of insurance policy. To assist you in making an informed decision, read some of the important matters to consider before you make any commitment to a policy or PPI claims procedure.

The first thing that you have to know is the fact that you may have been mis-sold payment protection insurance in the past on another loan. There are over 20 million PPI policies held in the United Kingdom and many of those had been sold alongside loans, credit card, store cards, mortgages along with types of loans. A lot of consumer support group feel that around two million of these policies have already been mis-sold since year 2003 and you could very well be an owner of one of them. To see if you’ve got PPI claims start out the process of getting back your money. Continue reading ‘How to Begin the Process of PPI Claims’ »

Credit cards have nowadays insinuated into every corner of our lives, and it is rare that an adult these days not to perform at least one card. Besides being used in the traditional way of procuring goods or services in person, is also used now online, by telephone, by writing checks, and even to withdraw cash from ATMs. People use them in all sorts of ways – as a means of loans, as a convenient payment method, and even earn money through payment or reimbursement programs.

Despite its ubiquity in modern life, credit cards have a fairly short history, with the first generals of the credit card being introduced less than 50 years purpose. In this article, we will discuss the origins of credit cards, and then how they have developed over the years with the emphasis on the UK market.

The first credit card was launched by Diners Club in 1951 and was limited to use in twenty seven New York restaurants. It was a great success initially, with only 200 cards being issued. The real story of credit cards began in 1958 with the introduction of two new major products. The first was the credit card from American Express, which had more than one million subscribers within five years of being launched. Continue reading ‘A Brief History Of Credit Cards’ »

Travel Insurance is essential, and everybody should take a look at it, before hitting the road. The right insurance can easily spell the difference between a bargain flight and a financial disaster. On the other hand, many people buy insurance, which they do not need at all. Or, they buy insurance coverage which they already have through their credit card.

There are three general types of travel insurance

Health related insurances covering the risk of sickness or an accident on the road
Luggage insurance
Insurance covering change or cancellation penalties
I want to make a few points for each category.
Travel Health Insurance

People need coverage of medical expenses at home. On the road you need it even more. The first step before buying special health coverage for your trip is a check of the policy of your existing health insurance. On the road you need treatment costs, including expenses for hospitals, and transport back home, to be covered. Very helpful is an emergency phone number, where you can reach somebody familiar with the country you are in. He may know the right doctors, have an idea which hospitals are good, and have a relationship with them allowing for treatment without the need to pay the hospital before you are admitted. Continue reading ‘Travel Insurance 101’ »

Travel insurance is usually offered to you as a routine part of booking your trip or vacation package. This is true whether you are booking it through a customer service representative at an airline or through an agency.

Your Credit Card is A Source of Coverage

Many credit card companies also offer free Travel insurance as part of their services. You should check to make sure what your card covers before you purchase additional insurance from an airline or agent.

Credit cards offer this type of insurance as a privilege for using their card. A good Travel insurance policy should cover the basics such as lost luggage, medical and hospital expenses and the cost of a cancelled flight. Many of the credit cards will even cover the price of putting you up in a hotel if you are stranded at an airport because of a storm or other last minute catastrophe. Continue reading ‘Travel Insurance – Useful Tips’ »