Why has Insurance suddenly become important?
In this litigious environment the number of liability claims being made is increasing and the awards on successful claims are rising. Our “Examples of Claims” provides further information on the types of claims being made. There have not been a vast number of claims, which is reflected in the premiums being charged. However incidents do occur and at the very least, will require defending. The cost of legal advice is increasingly expensive and the legal and regulatory environment in today’s world means that the frequency of incidents leading to a claim are likely to increase.
Related Questions
- I currently have a job and insurance for myself and my son, but after 3 months of my maternity leave if I decide to resign my job, will I be able to get FAMIS for myself and my two sons including my husband who has Obama care?
- I want to renew car insurance policy. So How can i get Premium, IDV and cashless facility?
- Focus on Coverage, Not Premium.
