Protecting your possessions - Fringe insurances2

You could cause accidental injury to someone.

For instance, if you drive a car in the course of your profession, it might be worth covering yourself against this eventuality. In a recent case concerning accidental injury, a young man earning only £45 a week had £5,410 damages awarded against him when his table-tennis bat flew out of his hand during a tournament and blinded a young woman.

As he had no insurance cover, he was ordered to pay £200 a week for ten years.

Incidents can also happen to people in your home and it is quite easy to include, if your personal accident policy, a clause to cover any damage you might have to pay to someone who was hurt in such conditions. Children can also be included in this way. It is unusual for this to happen to anyone, but it is also a fact that most accidents happen in the home, and depending on your life style, you may feel that it is as well to be covered in this way.

2. You can insure yourself against injury or death when you are making a journey.

This is a short-term single premium life assurance policy.

It is very cheap and facilities exist at most airports to take it out, and at a few ports and railway stations.

3 People with a history of twins in a family sometimes like to insure themselves against this eventuality, because of the extra cost involved in the case of two babies. The policy must be taken out by the father rather than the mother - an odd thing, this - as soon as the woman knows she is pregnant, but obviously before twins have been diagnosed.

If you leave it too long, the company will be disinclined to believe that you don't know it will be twins and will not issue the policy. The premium is around £5 for every £600 insured, but it can be higher if twins are very prevalent in a family.

4 As well as insuring yourself and your family, it is also possible to insure your pets, or a horse.

You can also cover yourself against any veterinary fees. This is an uncommon form of insurance, but vital for all those who are professionally engaged in horse riding, or rearing animals for show purposes. These are in a sense business insurances, in the same way that you would insure your plant and equipment.

5 Even if you are not a footballer or a dancer, you might want to insure parts of your body, if for instance being able to get around on foot is vital to the continuation of your job.

6 You can now cover yourself against legal costs.

If, in this increasingly litigious world, you seem to find yourself quarrelling with people in a way which might lead to legal costs, to a solicitor or the court, consider a legal expenses policy.

Premiums are not high - around £6.50 for each £650 insured.


Fringe insurances2

Payroll Giving
It’s all very easy to organise.
Just ask the Personnel or the Payroll Department at your company and, if they already have a scheme, they will give you the relevant forms.  HM Revenue & Customs’ website has a list of Payroll Giving agencies and explains payroll giving in more detail.

Salon Gold Insurance

Cheaper Insurance for Salons, Freelance Hair and Beauty, and Mobile Businesses - click here

read on: Protecting your possessions - How to claim Online

You could cause accidental injury to someone.

For instance, if you drive a car in the course of your profession, it might be worth covering yourself against this eventuality. In a recent case concerning accidental injury, a young man earning only £45 a week had £5,410 damages awarded against him when his table-tennis bat flew out of his hand during a tournament and blinded a young woman.

As he had no insurance cover, he was ordered to pay £200 a week for ten years.

Incidents can also happen to people in your home and it is quite easy to include, if your personal... see: Protecting your possessions - How to claim Online