The view of AA Insurance is that the simple step of taking a motorbike awareness course can help cut motorcycle insurance premiums as well as making them safer road users.
A spokesman from AA Insurance pointed out that motorbikes are a more risky form of transport than any other, primarily because of the chances of the rider being injured when involved in any sort of accident. He added that, if bikers take the correct precautions then they can greatly reduce the chances of being involved in an accident.
On the subject of the motorcycle awareness course the AA Insurance representative went on to say that having an awareness and a sense of caution when on a bike is a good thing. It helps riders focus on issues that may arise and can help avoid accidents that would otherwise happen.
Zurich Insurance has named Theo Bouts the new Chief Operating Officer of Global Life, an arm of the Zurich group.
Mr Bouts is currently the CEO of the Zurich Insurance unit dealing with direct European business and partnerships, a role he will give up on 1 August to take up his new position. Having been with Zurich for only three years Mr Bouts has already taken a couple of key roles within the organisation, being seen as a key player in senior management.
His existing role is seen as critical to maintaining and developing a strong multi channel distribution policy, something Zurich Insurance do not want to lose. For this reason Mr Bouts will take a little time to fully hand over the reins of his existing role until a suitable successor is found.
The improvements made to their critical illness insurance cover by Legal and General have been supported by Only Finance, who are pleased to see positive changes in this market.
Although BUPA still leads the way with its critical illness insurance offering Legal and General have clearly taken positive steps an Only Finance spokesperson said. It is also great news that they have not used the cover improvements as a device to increase the price, thus bringing a real benefit to the consumer.
The Only Finance spokesperson also discussed the fact that it is certainly more cost effective to buy both life and critical illness cover together, saving money and also having a more comprehensive level of protection than when only taking one of them. He went on to advise purchasers of critical illness protection to ensure any medical questions were answered fully and completely, as almost twenty-five percent of claims made were rejected due to illnesses not being declared at the time of policy purchase.
