Independant Insurance Information.
   What they DON'T want you to know.

Insurance Basics
Health Insurance
Life Insurance
Home Insurance
Contents Insurance
Personal Insurance
Income Insurance
Automobile Insurance
Motor Bike Insurance
Boat Insurance
Truck Insurance
Business Insurance
Liability Insurance

Don't you wish you understood all that
Insurance Policy Fine Print?

Well now you can!

Why do you need Insurance?
  • Whenever the loss of an item would cause you Financial Loss, you should have Insurance Cover.
So what does that mean?  If you have borrowed money to buy something (i.e. house, car, business, boat, etc), the total or partial loss of that item would mean that you still have to pay for it. 

If this situation would put you in difficult circumstances then you had better have sufficient Insurance cover.

My personal opinion is that you should cover as much as possible within your means.

What are the differences between Insurance types?

  • They all have a different purpose and as such, have their own pages.
  • Some cover physical loss
  • Some cover loss of knowledge or skill
  • Some cover loss of ability, temporary or permanent
  • Some cover damage, loss of use
  • Some cover loss of income
  • Some have a growing residual value
  • Some are only temporary
Check the links in the menu to the right for more information.

Why do Investment Advisers dump on Insurance?
  • What are they trying to sell you?
Mostly the Investment industry claims that Insurance is a poor investment.  It isn't an Investment and shouldn't be compared to one.  You will never find an Investment Adviser who will take a small fraction of the final value of an Investment yearly and guarantee to pay the whole value out if you die before you have paid for it all.

Life Insurance companies do that every day.  It isn't an investment, it's safer than that.

Investment Advisers tell you that you should have the bare minimum insurance and invest your savings in the share market or real estate.  But they don't, and you probably won't either.  Not all shares are created equal either.  Some will crash and cost you your entire investment, some tenants will trash your investment property.

BUT, you should be investing.  You should also protect your investments with insurance.  You need insurance first, investments second, not the other way around.

What type of Insurance suits you?
  • The answer to that question is, hopefully, answered in the remainder of this web site.
  • The only answer is, whatever fits your requirements.
I know that this is an unsatisfactory answer but it is also true.  I trust that the information on this site helps you decide what you need to protect you from disaster.
What does and doesn't your Policy cover?
  • Your policy will cover exactly what it says and exactly the way it says
  • Your policy will specifically exclude certain things
  • Your policy will not cover anything that is not specifically stated
I will go into more detail in each specific section of this site but be assured that you will have no insurance cover for anything not specifically stated in your policy.  Part of this is that I will show you, with reference to actual policy wording, how to read what is printed.
What can and can't you claim?
  • Only what is covered and absolutely nothing more.
How and when should you make a claim?
  • As soon as practical after your loss
  • Grab the companies documentation and fill it in carefully
Further details about claims and the implications are on each sub section because each different type of insurance has it's own rules.

Please help me make this site more useful to you.

Click the button and fill in the form.  Your help and feedback  tells me what you want to know about Insurance and Insurance Policies. 

Go to the Forum to tell us about your experiences, good and bad.  Help others with your knowledge