Archive for the ‘Insurance Claims’ Category

How To Make A Claim Against Your Travel Insurance Company

You should submit the claim form with all supporting documents such as the original policy, the medical report, police report and any relevant documents to support the claim as soon as possible to the insurance company. You should check the time frame for claim notification stipulated in the policy. What Should You Do In The ...

Hong Kong: Hostage victims to receive insurance compensation

The families of four of the victims killed in Monday’s bloody hostage crisis in Manila will receive compensation totaling up to HK$1,320,000 (US$170,000) for each victim. The sum comprises a HK$300,000 payout from the insurer of the Hong Kong organised tour they had been travelling on, a HK$20,000 gratuity from the Hong Kong government, as ...

Tips to Expedite Your Travel Insurance Claims

Besides notifying your Insurer or the Agent immediately, here are some procedures that will help you in ensuring a faster and more efficient claim process. In general, most Insurers would require you to furnish the following critical documents before any claims can be processed: 1) Fully completed Travel Claim form (incomplete form may cause delay ...

‘Crash for cash’ fraud increasing

by David Masters (InsuranceDaily.co.uk) The number of UK motorists deliberately crashing their cars to make fraudulent insurance claims is increasing, the Insurance Fraud Bureau (IFB) warned this week. ‘Induced accidents’, or ‘crash for cash’ accidents, as they are more commonly known, involve a driver deliberately causing a crash so as to profit from fraudulent insurance ...

Common Mistakes when Making Travel Insurance Claims

Mistake 1: Did not contact the Insurer during an emergency Let’s face it, we all panic during an emergency. That’s why it’s called an emergency, a state for us to justify our panic-driven behavior. And it is during such a time that a calm and collected mind would provide the best solution to get us ...