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Emerging Property Insurance Trends 2024

Property Insurance Centre

This ensures that insured properties are adequately valued and properly insured, reducing the risk of financial loss in the event of a claim. With higher rates and greater net participations, primary insurers face challenges in balancing affordability for policyholders while maintaining the necessary coverage to protect against risks.

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Common Myths About Commercial Insurance Debunked

Protect Commercial Insurance

Debunking the Myths Myth 1: Importance of Commercial Insurance for Small Businesses Despite their scale, small businesses often operate at higher risks of personal and financial losses. For example, a small retail shop could face severe repercussions from events such as fire, theft, or customer injuries on premises.

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Freehold Block of Flats Insurance: Top Cover Tips

Property Insurance Centre

This insurance ensures that in the event of unforeseen damages or disasters, the property owners are protected against financial loss and can reconstruct the building to its original state. Excess refers to the amount of money that the policyholder must contribute towards a claim.

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Low-Deductible Health Insurance: Pros and Con

Freeway Insurance

A low deductible health plan means the policyholder will pay less upfront and out of pocket for certain healthcare items, such as surgery. In exchange for that bigger premium, your insurance company agrees to cover a greater percentage of your financial loss after an accident or major illness. Read on to learn more.