Shop Insurance Direct Gets a Facelift

Anything that can be done to improve the visitor’s experience to a website has got to be welcomed. Those who already own or lease a shop most likely have already come across their website and will be pleased to hear it has now been made even more user friendly also now supporting mobile devices.

It has a comprehensive frequently asked questions section that provides some beneficial information. So, if you are unsure of something to do with such cover you may find the answer their.

Alternatively, there is a Freephone number or mobile number to ring where you can speak with a friendly, experienced member of the team. He or she will gladly answer any of your questions or arrange a quote. If you prefer, there is an easy to complete form on the website enabling you to obtain a competitive quote quickly. These things are provided without any obligation on the part of the visitor.

Whilst it is important that the correct level of cover is put in place most business owners are price-sensitive. Therefore, you will be pleased to read that, through its partner, Shop Insurance Direct provides a “Best price or your money back” guarantee. So, you can’t really go wrong!

Your Questions Answered

SID have done a good job in answering many questions posed by potential customers, consisting of:

The SID website seems to have gone into great detail to ensure their customers have a good experience both on desktop computer, tablet and mobile devices and as many new sites popping up are also offering both freephone and mobile friendly (0333) numbers.

Some of the website’s features include: –

  • Fast and simple online form to obtain a quotation
  • Adapts to mobiles and tablets well
  • User friendly navigation
  • Freephone number
  • Mobile friendly number for mobiles
  • Useful FAQs

It doesn’t matter if you run a butcher’s shop, newsagents, takeaway or large supermarket, Shop Insurance Direct can arrange to meet all your cover needs including buildings, stock, fixtures and fittings and liability insurances.

To find out more visit the website or call SID on 0800 1970 444 (freephone) mobile friendly number 03301 000533.

Specialist Commercial Mortgage Website Launched

At some time in the life of your business it is quite possible that it will need to raise some money perhaps to buy business premises. One of the ways of doing this is to arrange a commercial mortgage.

In this respect, you may find it of interest to read that a new commercial mortgage comparison website has commenced operating in the last couple of weeks. It is known as Commercial Mortgage Link and includes a panel of numerous commercial lenders in the UK. The website is simple and quick to use allowing you to search for suitable competitive commercial mortgages just by the completion of one form.

A major benefit of the website is that it provides “whole of market” coverage of commercial mortgage providers enabling the customer to obtain the most suitable finance package to meet their exacting requirements in every way i.e. low interest rates and fees.

The product range within the commercial mortgage market is frequently changing as new offers become available. Commercial Mortgage Link’s professional specialists keep a close eye on such things so are able to make up to date products available to their clients promptly.

Some of the features highlighted on the website include:
•Interest rates starting from as low as 1%
•Borrowing available from £30,000 to £30,000,000 plus
•Compare over 2,300 products for commercial loans
•LTV of as much as 85% in certain cases

The following observation was made by Steven Disloggi who is an experienced designer of websites: “It really is a great system, its geared up to connect the customer with the best possible lender or broker who can offer the most suitable products. It gives the client access to over 2,300 products to ensure they have access to the best deals available.”

Whether it is a small, medium or large business seeking funding, finance can be arranged through this website. You may also wish to take a look at their blog as there are a number of interesting articles that are most informative.

An excellent benefit of the website is that it provides a Freephone or local rate phone number to call so that you can speak with an experienced commercial mortgage specialist who can provide you with free advice about matters relating to such mortgages.

So, if you are likely to require commercial finance in the foreseeable future why not visit their website at www.commercialmortgagelink.co.uk.

Original Article: PR.com

Introducing Financial Spread betting

For most of us, investing in the movements of stocks, shares, commodities, currencies, government bonds and the like is something we leave to the professionals. If we do engage in these multi-million pound markets, the likelihood is that we will do so via a third party organization such as a pension provider or some form of endowment policy or investment product. In this way we are all investing in the markets – even if we take a hands-off approach to that investment.

Increasingly, however, there is a trend for getting directly involved with the market variations which give this sort of trading its impetus. Financial spread betting (FSB) is the latest vehicle to enable such a direct engagement with the market movements that underpin our national and indeed international financial well-being.

Ever since the Thatcherite loosening of the barriers to entry to share dealing in the 1980s the public appetite for trading has been on the rise. As the derivative-based logic of the trade floors once reshaped the sports betting industry – prompting the development of ‘spread’ betting itself – the wheel has turned full circle with the advent of a mechanism that allows the general public to bet on stock and currency markets on the same basis.

Spread betting works on the basis that an initial stake is simply a marker set against a volatile market position. The player’s position will effectively bet on which way the market will move and his or her return will reflect the extent of that movement. For example, a £5 initial stake will realise a £20 return if the market moves four points in the anticipated direction. If the market moves ten points the return will be £50, and so on.

The downside to this equation is that if the market moves in the opposite direction losses are calculated according to the same formula. Given the open ended nature of the contract spread betting is therefore anything but a safe bet. But it does have considerable potential for profit.

Because no stock is actually bought or sold during this process any returns are treated as a bet rather than an investment per se. That means that stamp duty and capital gains tax do not apply. For many serious investors this is seen as reason enough to use FSB, even though the market mechanisms are precisely the same as those used by professional traders. Hence, for example, tradefair spreadbetting makes use of the same Contract for Difference as are employed in the City.

The public appeal of this sort of approach to the financial markets is a direct corollary to the general surge in betting activity that interconnected technologies enable. Smartphone use is expected to increase eight fold by 2020 and it is that expanding market that FSB is increasingly being targeted towards. The proclaimed difference between FSB and a sporting spread bet is the volume of market intelligence that is available to inform any financial market assessment. Needless to say, the merits of that claim are open to debate.

For those attracted by this sort of direct connection with the markets it is worth noting that the major providers do offer cashless demo versions of their software that allow a risk free, hands-on trial of FSB. It is, admittedly a stimulating experience, but it is most certainly not appropriate for investors of a nervous disposition! On that basis the market for FSB is always liable to be limited, but for those of an adventurous disposition, or those confident in their market research and insight, it does offer an extremely direct means to exploit market volatility without recourse to all those professional intermediaries.

Everything you need to know about car finance

Few people have the necessary funds available to buy a new car outright, so will often instead look at one of two options, either leasing the vehicle, or financing the purchase. Whilst arranging finance is in itself not a particularly complicated process, it’s necessary to have a decent understanding of the finer points to make sure you’re getting the best deal. There are various financing options open to you, from credit unions, banks, online, and often the dealership itself. You can click here to see a representative example of dealership financing for a user SEAT.

Many car financing deals either follow the hire-purchase option, where after the final payment has been made the car belongs to you, or personal contract plans, whereby at the end of the repayment term you have the option to buy the car with a final payment, or sell it back to the dealership for a pre-agreed amount (subject to points such as physical condition, mileage of course). If the trade-in value is greater than the final payment due, then you’ll usually be allowed to put that against your next purchase.

The amount that you need to get financed is the value of the car, minus the trade-in amount, so in a very simplistic example:

£20,000 – £2,000 = £18,000 financing required

You’ll then pay it off in monthly instalments over an agreed term.

Interest

If you opt for a shorter term length, commonly 24 or 36 months, then you may well find the vehicle you want comes with 0% interest. If you can handle large payments over a short period, then this is a big advantage. But many people prefer not to, or simply can’t afford that, so need to factor the cost of interest into their calculations.

So a car that is priced at £20,000 might, with financing spread over a two-year period, cost something like £24,500.

The amount of interest you need to pay on your deal will vary according to several factors such as:

Your credit rating

Length of the loan (Generally shorter length = lower interest)

Age of the car (Again, generally newer = lower)

Even your geographical location (less of a factor if financing online)

Therefore before you even approach financing it’s vital to get a copy of your credit rating from a company such as Experian and correct any mistakes that may negatively affect your deal. You could find you make significant savings if they have outdated or invalid information about you.

Ultimately, with financing, everything depends on the total amount you can afford to pay for the car, and over what length of time, so know that before walking onto the forecourt.

Lastly, some advantages and disadvantages of the various sources of financing:

Dealerships – This is a fast and convenient way to arrange financing, but you need to do your research thoroughly to ensure you get the best deal. Naturally for the dealership this is a profit-making enterprise, so be prepared to negotiate, and to be upsold extras such as extended warranties and undercoating. And remember that interest payments are usually front-loaded which can be a problem if you plan to pay if off early. Most dealerships offer a range of finance options.

Banks – Finance from a bank is likely to be competitively priced and may also come with insurance free of charge. Plus, they often have specialists on hand who can check you’re getting the best value for money. However, if you want to buy on a weekend or evening and you’re in a hurry then they’re not convenient.

Online – Again, arranging finance online can be competitively priced, and convenient, but you don’t get that personal service – you can’t ask the detailed questions you could at the dealership.

The Making of a Champion

An interactive infographic brought to you by eBay

A Guide to Personal Injury Claims

Personal injury is something we hear a lot about these days with solicitors looking to help those who have been injured by something that was out of their control. The solicitors are able to acquire compensation for their clients if it is proved that someone or something else was at fault, but many members of the public still remain unsure as to the law around certain injuries and when they do and do not have a claim.

The laws around compensation recently changed in the UK with firms who claim to offer 100% compensation having to change their policy after it was revealed that those offers were too good to be true. Some companies like Claim Today on the other hand, continue to offer their clients the full amount of compensation if they’re successful, because they are able to reclaim the fees from the person or company to blame.

Thousands of people each year are injured in accidents that aren’t their fault, ranging from slipping over on wet floors in the office, to car accidents where another hit their vehicle with the other driver at fault.  A lot of people are put off making claims, however, because they think that it’s a long and complicated process that involves filling a mountain of forms and then attending a court hearing, which can be particularly stressful. However, employing a professional personal injury solicitor can take a lot of the stress and hard work away from you – the injured party – and let them handle it all.

The question “how do I know if I have a claim?” comes up a lot, and the simple answer is to go and find out. Many firms offer a free initial consultation service where the solicitor will sit down with you and discuss the events that resulted in your injury and they will be able to tell you if you have a justifiable claim for compensation.

From here, the solicitor will be able to tell you the likelihood of your case resulting in a victory on your part, and also how much compensation you might be able to claim for (although it’s worth noting that this is only a rough estimate, it may not be the actual figure). They will also be able to explain all of the legal procedures involved in the case so that you understand everything about the case and how long it might take. It could eventually lead to a court hearing if you decide to take it to court, although many cases are resolved outside the courtroom with the solicitor working for the defendant advising that they settle the case personally rather than in the hands of a judge.

Types Of Mortgage Rates

When choosing a mortgage option for you, there is one thing that sticks out like a sore thumb; this is the interest rate. The interest rate that an individual will get often determines whether he has a good deal or otherwise. It also determines the amount of money that an individual will end up paying in the long run. This is why it is important for you as an individual to familiarize yourself with the different kinds of rates that the market offers. In the UK, there are three main types of interest rates.

The most common interest rate is the fixed rate. The fixed rate as the name suggests means that an individual will be required to pay a specific amount of money for a specific duration of time. Some people may choose a fixed rate for the entire length of the mortgage. However, in most cases individual have fixed rates for a specific time period after which they revert to lender’s standard variable rate.

The other type of mortgage interest rate is the tracker rates. In this case, the rate that an individual pays is usually attached to another rate. In most cases, it is attached to the Bank of England base rate. As such, this rate is a set margin that can be either below or above the Bank of England base rate for a specific period of time. For instance, you may have a rate that is 1% above the base rate for a period of five years. During this period, the rate will fluctuate depending on the movement of the base rate. This is why you need the mortgage calculator with you; to make these often complicated calculations and give you a simple figure that you can pay when time comes.

Discounted rates are the third type of rates that can be accessed by those seeking to get mortgages within the UK. These kinds of rates have the same working structure as the tracker rates. The difference in this case is that interest rate is often a set margin below the lender’s SVR. This is done for a specific period of time, during which period it moves up and down with the changes in the SVR.

Benefits of the In Car Black Box

Learning to drive is an investment, there are lots of hidden costs and expenses that need to be covered in order to earn that all important driving licence. The cost of lessons, tests, theory examinations soon begin to add up and it doesn’t end once the driving test has been passed. The next step is too cover the cost of the car, road tax, maintenance and most importantly the cost of insurance premiums that will offer a form of protection should an accident happen or any damage is done to the vehicle. Having insurance is a legal requirement and NOT something that can be avoided simply because it is too expensive, instead there are different methods that can bring down the cost of insurance however slight. Additional driving qualifications and an in car black box from companies such as ingenie.com , are the most effective ways to save as much money as possible. The in car black box is a piece of technology which is easily and discreetly installed into any vehicle to monitor the way someone drives in the hope of bringing down the cost of insurance and help new drivers to iron out any flaws or bad habits they may have which will have a direct impact on the insurance premium.

The bigger the risk the driver is considered to be, the higher the cost of the insurance.

The black box is the answer young drivers have been looking for and here is why…

Lower Insurance Premiums

Insurers appreciate the value of the black box and see it as a sign that drivers are making a serious attempt to improve the quality of their driving and ultimately bring down the cost of insurance.

Less Likely to Have an Accident

The black box stores data regarding the way a person drives and regular reports are received with any concerning areas. The driver can then continue to grow in confidence whilst on the road and will be more aware of any elements that could lead to an accident.

Safe Drivers are Rewarded

Drivers that have made no or very few claims on their insurance are not seen as a risk and are rewarded with falling insurance premiums every year they continue to drive safely.

Safer for Other Road Users

Young drivers are a hazard at times, they can lack confidence and be unsure of the rules in each situation, if they are receiving regular reports on where they are going wrong they will rectify this which will greatly benefit other road users.

Safer for Pedestrians

For much the same reason as above, there will be a greater focus on the people and drivers around them and young drivers will amend their driving skills accordingly. The reports will allow them to understand how their driving affects others.

Evidence

If the worst should happen and an accident occurs, the black box will provide evidence to say who was at fault. It will be able to collate the data leading up to the crash for the one vehicle and determine the likelihood of who was at fault.

Red Driving School Road Safety Infographic

Driving safety lessons from RED Driving School

How to Protect Your Lifestyle

Income protection cover

Whatever we might wish to otherwise be the case, the reality of modern life is that an income is necessary to survive.

It may be that you take for granted your income and what it provides you with, such as the ability to pay your mortgage, household bills, food, clothing and children’s expenses etc.

However, there are three things that might quickly and unpredictably remove your ability to earn income for yourself and your family’s needs:

  • accidents;
  • sickness;
  • compulsory unemployment.

In any of the above circumstances, you may find yourself unable to work and therefore obtain income.  Financial difficulties might follow very rapidly unless you have taken steps to protect yourself through an income protection insurance policy of a type offered by Drewberry Insurance and others.

The cover provided

There are a number of options available to protect your income and the basic principles of such policies are very straightforward.

There are short term options, such as income payment protection insurance that offer cover against forced redundancy, sickness and accident. These typically run for between 12-24 months of you being unable to work, or of you being unemployed.

Longer term income protection policies can run for a number of years – up until retirement age – and cover inability to earn an income due to accident or illness. Redundancy is not covered by this type of policy.

How do they work?

If you experience unemployment or the inability to continue working due to an insured risk, then presuming the conditions of the policy have been met, the provider will commence paying you a monthly income at a specified level.  That would continue until you are able to return to work or reach the maximum pay out duration period as specified by the policy which with long term policies could be your normal retirement date.

Of course, this type of cover is meant to protect you against circumstances under which you could have had no reasonable degree of control.  So, as you might imagine, it will not make payments in situations where you have been responsible for events including typically things such as resignations, criminal activities, career breaks and so on.

Is such cover necessary?

It is possible that your employer will have some form of accident and sickness scheme in place.  If so, you may need to inspect it closely to understand both its benefits and limitations.

Typically though, full salary levels are only paid in the event of accidents and sickness up to a limited number of weeks.  After that time, the percentage of salary paid may diminish rapidly until quickly reaching zero.

You may find that such protection would not be able to offer you a relatively normal financial life for more than a short period of time. 

The standard government social help in such situations is also typically extremely limited.  Many people may find it extremely difficult to survive based upon that help alone.

Could it happen to you?

Official figures for 2012 show a total of approximately 595,000 redundancies alone across the United Kingdom.

Of course, some of those so affected may have found alternative employment relatively quickly but these figures also clearly do not include those who were unable to work due to accident or sickness.

The bottom line is clear – losing your income or seeing it substantially reduced is not something that only happens to others nor is it rare.

That’s why it might make sense to find out more about the different variations of income protection insurance available sooner rather than later.

Euroferret.com is owned by Mediamash (NI) Limited, who are an Introducer Appointed Representative of Seopa Ltd. The quote system is owned and operated by Seopa Ltd, who are authorised and regulated by the FCA, number 313860. You can view our registration at www.fsa.gov.uk/register/firmSearchForm.do?sid=127135. We do not give financial advice on this website. If in doubt get professional advice and always read the policy information before purchasing an insurance contract.