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TPR Launches Consultation on Multi-Employer CDC Code to Revolutionize Lifelong Retirement Income

BRIGHTON, England — The Pensions Regulator (TPR) launched a public consultation Tuesday on a new code of practice for multi-employer Collective Defined Contribution (CDC) schemes, …

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M&A Activity Spikes in UK Life Market as Consolidators Target HSBC Life Asset Pools

LONDON — UK-based insurance consolidator Chesnara plc has finalized the integration of a substantial legacy life insurance portfolio from HSBC Life (UK), signaling a broader …

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ABI 2026-2028 Strategy Pivots Toward Health Prevention and Proactive Financial Resilience

LONDON – The Association of British Insurers (ABI) unveiled its 2026-2028 strategic roadmap on Tuesday, marking a fundamental shift for the UK life insurance sector …

on April 9, 2024April 9, 2024Auto Insurance

How to choose the right auto insurance policy for your family

Choosing the right auto insurance policy for your family can be a daunting task. With so many options available, it can be difficult to know …

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on April 8, 2024April 8, 2024Auto Insurance

The benefits of bundling home and auto insurance policies

Introduction Are you tired of juggling multiple insurance policies and paying separate premiums for your home and auto insurance? Well, it might be time to …

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on April 7, 2024April 7, 2024Auto Insurance

Add-on covers in auto insurance: Are they worth it

Add-on covers in auto insurance: Are they worth it? When it comes to auto insurance, there’s a lot to consider. From the type of coverage …

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on April 6, 2024April 6, 2024Auto Insurance

Do you need special auto insurance for ride-sharing or delivery driving

Do you need special auto insurance for ride-sharing or delivery driving? Introduction Imagine this: you’ve just signed up to be a ride-sharing driver or a …

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on April 5, 2024April 5, 2024Auto Insurance

The impact of credit scores on auto insurance rates

The Impact of Credit Scores on Auto Insurance Rates Introduction When it comes to auto insurance, most people are aware that factors like their driving …

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on April 4, 2024April 4, 2024Auto Insurance

Understanding the declarations page of your auto insurance policy

Understanding the Declarations Page of Your Auto Insurance Policy Have you ever looked at your auto insurance policy and felt like you were reading a …

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updated on April 4, 2024April 4, 2024Auto Insurance

What new drivers need to know about auto insurance

As a new driver, the excitement of hitting the open road can be overwhelming. But before you rev up your engine, there’s one crucial thing …

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Can I get auto insurance with a bad driving record?
updated on April 4, 2024April 4, 2024Auto Insurance

Navigating Auto Insurance with a Bumpy Driving Record

Picture this: Jake has had a rough couple of years on the road. A couple of speeding tickets here, a minor accident there, and suddenly, …

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What new drivers need to know about auto insurance:

1. Coverage types: Understand the different types of auto insurance coverage available, such as liability, collision, comprehensive, and uninsured/underinsured motorist coverage.

2. State requirements: Familiarize yourself with your state's minimum auto insurance requirements. It is crucial to meet these requirements to legally operate a vehicle.

3. Premiums: Auto insurance premiums can vary based on factors like age, driving record, type of vehicle, and location. Research and compare quotes from different insurance providers to find the best rates.

4. Deductibles: Know what deductibles are and how they affect your insurance policy. A deductible is the amount you pay out of pocket before insurance coverage kicks in. Higher deductibles often result in lower premiums.

5. Discounts: Many insurance companies offer various discounts for new drivers, such as good student discounts or safe driver programs. Inquire about these discounts to potentially reduce your insurance costs.

6. Responsible driving: Maintaining a clean driving record is crucial for keeping insurance premiums low. Traffic violations, accidents, and claims can significantly impact your rates.

7. Additional coverage: Consider additional coverage options like roadside assistance or rental reimbursement. These features can provide extra convenience and protection in case of emergencies.

8. Shopping around: Periodically review your insurance policy and compare quotes from different providers. As your driving experience and circumstances change, you may find better rates or more suitable coverage elsewhere.

9. Policy details: Read and understand your auto insurance policy thoroughly. Pay attention to terms, conditions, exclusions, and any limitations that may apply.

10. Claim process: Familiarize yourself with the insurance claim process in case you need to file a claim after an accident or other covered incidents. Understanding the steps involved can help expedite the process.
updated on April 4, 2024April 4, 2024Auto Insurance

What factors determine the cost of car insurance?

Imagine you’re on a game show, and the grand prize is a year’s worth of free car insurance. Sounds great, right? While this scenario is …

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on April 4, 2024April 4, 2024Auto Insurance

How a Speeding Ticket Can Turbocharge Your Insurance Premium

Imagine you’re behind the wheel, the road unfurling before you like black silk, the engine’s purr coaxing you into a gentle lead-footedness. Suddenly, your rearview …

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Recent Posts

  • TPR Launches Consultation on Multi-Employer CDC Code to Revolutionize Lifelong Retirement Income
  • M&A Activity Spikes in UK Life Market as Consolidators Target HSBC Life Asset Pools
  • ABI 2026-2028 Strategy Pivots Toward Health Prevention and Proactive Financial Resilience
  • Mortgage Arrears Drive Demand for Integrated Critical Illness and Living Benefits Cover
  • SME Owners Pivot to Relevant Life Plans as Tax-Deductible Solution to Rising Corporate Costs
  • Aviva Hits Financial Milestones Early While L&G Leads FTSE 100 with 8.25% Yield
  • OpenAI Greenlights First Wave of Specialized Insurance Apps for UK Underwriting and Service
  • UK Farmers Turn to Life Insurance to Hedge Against New Inheritance Tax Liability on Estates
  • Surge in Whole-of-Life Policy Inquiries as Families React to Upcoming Pension Tax Raid
  • FCA Intensifies Scrutiny of Protection Commissions as 58% of UK Adults Remain Uninsured
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