It has been suggested that swapping from a car to a motorbike will make sense financially, something that is on the minds of many people at the moment.
The PR man from AA Insurance commented that many people are switching to smaller vehicles already, driven by both financial and environmental motives. Taking the step to a motorcycle helps in both these areas even more than a smaller car. He noted that they are easy to park, economical to run and also cheaper to insure.
There are currently just over 1.2 million motorbikes registered in the UK, though perhaps that figure is going to rise based on what the man from AA Insurance has to say.
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The Prudential, the second largest life insurance provider in the UK, has seen the Peoples Bank of China take a one percent stake in the company, worth GBP130 million.
The move puts the Chinese bank into the top 25 of institutional investors in the Prudential, though there is no feeling that the holding is leading up to a takeover bid. The Chinese bank invests in many different businesses and a one percent holding is not uncommon. Speculation came because of the Prudential developing the Asian market though the management at the insurer welcomes the investment.
Such is the activity of the Prudential in Asia that their growth for the first half of the year was 14 percent, a remarkable step forwards.
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.
