Car insurance is still one of the biggest expenditures that motorists face paying annually to keep their car on the road. Policy prices differ massively between insurers and the overall cost can be impacted and influenced by a number of factors. This includes your address, age, job title and whether or not you’ve made a […]
Running costs for young drivers have skyrocketed in the UK rising an extra £60 in the past six months. Now average premium costs for a motorists aged between 17-24 years old is £2,442 up from £2,381 in February. Car insurance for young drivers is now £140 more experience than it was two-years ago. The main […]
Privacy experts say choosing life insurance tied to fitness tracking could have unintended consequences
Insurance giant John Hancock has announced a switch to ‘interactive’ life-insurance policies only, which offer incentives for things like wearing a fitness tracking device. Privacy experts worry these optional programs won’t be optional don’t the road.
John Hancock, one of the oldest and largest North American life insurers, will stop underwriting traditional life insurance and instead sell only interactive policies that include optional fitness tracking through tools including wearable devices and smartphones, the company said on Wednesday.
Car insurance is designed to protect you while on the road and the way the premium is calculated is based on a number of factors. Premiums can range from a couple of hundred pounds a year to thousands every year and will protect you in the event of an accident or if you need to […]
This is a preview of the Future of Life Insurance (2018) research report from Business Insider’s premium research service. To get more information on the trends in life insurance and insurtechs, click here. Current subscribers can read the report here. Life insurance is a fundamentally hard product to sell, as it requires people to think […]
BI Intelligence This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. To learn more about Business Insider Intelligence, click here. Life insurance is a fundamentally hard product to sell, as it requires people to think about their deaths and promises no immediate rewards.See the rest of the […]
One method for cutting the cost of car insurance is by opting to buy a higher voluntary excess. The voluntary excess dictates how much you have to pay when you make a claim. Paying for a higher excess can slash the overall cost of your premium at first but it could actually cost you more […]
No matter where you live, you can never be certain your belongings, or property, are entirely safe. Something as simple as rowdy houseguests at a roommate’s party can put your prized possessions at risk. That’s why renters insurance is important. However, given the fact that most Millennials rent but don’t carry insurance, you may not […]
Stopping smoking cigarettes could be achieved by gradually reducing intake, or switching to alternatives like electronic cigarettes to help avoid the health risks. However, life insurance providers consider the switch to be just as bad as smoking. E-cigarettes along with patches and other nicotine products, are placed in the same bad as regular cigarettes, meaning […]