If you are just starting out in business or have been self employed for some time you should consider protecting not just yourself, but also your home and family against the possibility of you having an accident at work or home, or perhaps getting sick for a long time and not being able to work.
Both of these risks happen every day to someone unfortunate and it would be a brave person to jeopardise their home and business when accident and sickness insurance is widely available online to purchase in an instant cover that has been specifically designed for the self employed, and would remove all those worries.
Accident insurance is always sold as a policy in conjunction with Sickness insurance. This can usually be purchased individually as what is known as a disability cover or bundled up in a group of insurance products usually known as ASU (Accident, Sickness and Unemployment) or as Protection Insurance, commonly known as PPI.
When you purchase accident and sickness cover, you purchase levels of protection as units of what is known as monthly benefit. So for example if you need 1000 units of monthly cover you pay by the percentage rate cover unit determined by how old you are.
Typically a thirty year old in the UK who buys disability insurance from a well known independent supplier, will pay as little as GBP18 per month for GBP1000 worth of benefits, should they get sick or have an accident, leading to missing time off work.
ASU can be particularly cheap for self-employed persons if bought without the unemployment element of cover, which has significantly increased the cost of this type of cover in the near past due to the economic crisis.
Working for yourself is hard enough work alone, without having to worry about where the money is going to come from to pay the bills if you have to stop your business dealings for any time due to an accident or sickness. Protection Insurance products such as mortgage, lifestyle and income protection, all offer peace of mind and cover for anyone who works for themselves or as a contractor, and is not covered by any existing employer accident compensation.
Be aware that any long term pre-existing medical condition usually excludes you from purchasing Payment Protection Insurance or Sickness Insurance cover.
iProtect assure Income Protection Insurance clients are covered for Swine Flu
Specialist provider of lifestyle insurance and income payment protection insurance products, iProtectinsurance.com have today not only assured their existing customers that they are covered for swine flu and it's after effects, but have also issued a rallying cry to those worried about whether they are covered or not, to switch any ASU policy today at no cost and with no exclusion penalties - you might even save a lot of money!
Spokesman for the company Dennis Haggerty said
"At iprotect we have always refused to sell Unemployment insurance without it being combined with Accident and Sickness cover as well. This is because our statistics show some of the most expensive and long running claims are for sickness. It is really the only way to be fair to customers to ensure they are covered in of work for any form of involuntary unemployment, not just redundancy.
Despite the recession and the huge increase in unemployment, still some 40% of the claims we receive are for Accident and Sickness related absence from work. Some of our past claimants have been so unwell they could not work for close to a year. The Swine Flue outbreak is a reminder to us all why it is important to have Accident Sickness and Unemployment cover, Further, if people become infected and potentially seriously debilitated by damage to their lungs and internal organs, quite possibly they could be many months off of work.
Modern medical science may avoid deaths in the UK, but if the strain mutates and prevents its victims returning to work, it is some comfort to know that at least the bills will be paid and benefits paid under their iprotect policy prevent their family finances spiraling out of control."
InsuranceBlogger has had a good look at the iProtect website. It's very easy to use particularly if you are looking to switch or combine covers or policies. The ratres are some of the most competitive on the market and their lifestyle insurance offers exceptional cover at very cheap rates.
Specialist Bike Insurance for Off Roading Enduro Racing
On one of the hottest days of last year (were there any?) before the rains took over, we drove up into the wildlands of Cornwall to watch an Enduro Bike Racing Championship event.
Insurance Blogger was obviously looking at everything with risk in mind and saw many spectacular falls and 'crashes' enough to turn an experienced underwriter grey, instantly.
Talking to the people involved and their fanatical family followers, you soon learn why Enduro racing is such a popular and rapidly growing sport. Many 'road' bikers are selling their big road bikes and investing in much smaller machines such as the KTM range of trials / off road / motor cross / call it what you want type of weekend bike. And beleive it or not the all tell you the same thing.....
That riding a trials bike around forests and streams and mountains and bogs and moors, is far safer than riding a bike on the road to work everyday, and is a great way to stay alive and yet still enjoy the thrill of biking. One of the reasons is the modern body armour worn by all but a few of the most foolhardy racers, which usually prevents damage to just bruising when you go head first into a tree at fifty miles an hour.
So I was not so surprised to learn later that you can get tailored Enduro Bike Racing Accident Insurance cover and sports accident travel insurance to protect you against personal injuries sustained while enduro racing. There's a whole range of cover options available at Personal Accident Insurance, where they'll obtain basic motorbike insurance cover for your bike as well if required.
Yep it's true - Dolphin Riding Accident Insurance! - if you visit Personal Accident they can offer you sports accident insurance and sports travel insurance for such activities as Dolphin Riding and Swimming with Dolphins. They also have a range of travel insurance products and protection products for just about every sports activity and contingency that you might encounter er! swimming with dolphins.....
Anyway here's the 'loan shark' loan payment protection insurance commercial!!
It might not be to everybody's taste but viral marketing has been one of the major success stories on the Internet. Insurance companies with their massive marketing budgets have been slow to catch on and rely on multi-million pound campaigns featuring nodding dogs and flying pigs to get their brand across. Hurrah for youtube.com and step forward mortgage protection company Personal Accident for grabbing the initiative with the following silly - but very watchable, if not PC ad for hazardous sports accident insurance.
Whether you think its crap or not, it demonstrates the viral capabilities of video, accessible to everyone from their mobile phones and more importantly, while all the big budget insurance players are wasting their money on TV ads and trying to get to the top of search engines, they've missed the point that more people visit myspace.com and youtube.com than visit Google these days.
Social marketing is becoming more important daily and those pioneers will grab a large share of the personal recommendation market.
Insurance Blog is dedicated to all things happening in the Insurance World. From tips on where to get the best insurance deals to news from the Insurance Industry, you'll find answers at Insurance Blog
About Me
Name: Insurance Blogger
Location: United Kingdom
Insurance Internet Guru
Enjoy:
All things Insurance and anything related to the UK Insurance Market
