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Category Archives: Finance

Fake Insurance Claims of Whiplash Cost Every Driver Almost £100

Even with there being a decrease in the number of vehicle accidents, fraudulent insurance claims of whiplash are costing every driver nearly £100.

It has been said that thousands of whiplash statements are ending with the average car insurance policy rising by £90.

Based on a survey of GPs by the King’s Fund, the accident rate came down by 16% and yet a ‘whiplash epidemic’ over the UK is causing a substantial £2billion a year trend.

The amount of claims has increased by 30% previously three years, moving to 570,000 a year- or simply one claim each minute.

Results from the Insurance Fraud Bureau, suggest that a minimum of 30,000 whiplash claims are outright fraudulent and are charging £350 million a year. Insurers say a number of doctors and ambulance-chasing lawyers are ‘scamming the system’ and information demonstrates 47% of UK doctors think the claims method is problematic.

They’re calling on the government to put into action new guidelines to deal with the culture; one which has a better quality process for the diagnosis of, treating and coping with whiplash insurance claims. One insurer said that the current system, as evident of the findings, is wide open to abuse and enables false claims to be generated.

There are over 1,600 whiplash diagnoses a day, consider getting professional insurance claims advice with professional loss assessors.
For those claims more than £1,000, your insurance company will appoint its own loss adjusters who will investigate the claim. For the insurance help whether it is for whiplash, fire, burglary or flood; get in touch with Insurance Claims today- the best recognized insurance claims management experts in the UK.

Have You Been Scammed by PPI?

Whilst most of the larger UK banks have a solid reputation for fair and ethical dealings with the public, there are times when overzealous loan officers step over the boundaries. Even so, there have been altogether too many times when consumers have been mis-sold PPI policies that should never have been brought to the table. As well, there are a great number of smaller lenders not amongst the largest in the UK that have fraudulently told their customers that if they didn’t buy Payment Protection Insurance they wouldn’t qualify for the loan. Have you been scammed by PPI?

 

Let’s take a brief look at how you could have been scammed. If you were told that you would not qualify for a loan unless you purchased loan insurance then, yes, it is probably a scam. Also, since the idea behind PPI is to provide cover in the eventuality that you become ill or unemployed and unable to make your payments. If that loan officer mis-sold PPI under the premise that your payments would be made then you have been scammed. Take a good look at the conditions and exclusions on your PPI policy to see if you meet any of the criterion for being excluded from cover. If you are on the exclusions and the bank was apprised of this before you took out the loan, they had no business selling you PPI and you have been scammed out of your hard earned money.

Positive Actions for Businesses Facing Company liquidation

There are various positive steps and actions that any business can utilize before bringing in company liquidation or dissolution process for them selves. Corporate bankruptcy filing and avoiding of company liquidation can be sought through form receiving help which can guide through the chosen field of action that can create some of the vital possible solutions for helping creditors. There are new ways to bring in alternative corporate bankruptcy filing and designing new forms for bringing strategies for businesses. These are healthy steps that can be put in progress to bring in greater company help. These can be helped in to see through bankruptcy liquidation processes. There are obvious aids and counseling sessions that can be received from able groups that help with company client coaching. Some of the most effective alternatives are helpful enough to choose the best paths in learning to avoid company liquidation and corporate bankruptcy filing. There are proper engagements to services that help one avoid business liquidation with counseling and thorough strategy planning. There are enlistments to corporate servicing that can really help with several assessments and alternatives. Debt counseling services is one of the most effective means from coming out of a pit that a company may face when about to be get company liquidation. There are corporate bankruptcy filings and solutions along with proper options that help process any company in dealing with paying off creditors. There are also proper paths that can guide and help a businessman make the right decisions when faced with a challenge such as company liquidation. There are always valuable decision making tools that come with debt counseling and consultation possibilities. Their reports at least help one assess that status of the company along with the downward conditioning of the objectives and actions meant for altering the situation that a company may be facing in challenge!