Dave Lively

We now live in a world that is more and more agitated and frenetic, where people are on the run all the time and where risks and dangers are all around us. Every single day in our existence became a battle towards something: a job, picking your children up from school, the overwhelming traffic and the list may continue. That’s why the insurance companies on the market have sensed the dangers around us and came with different products to contribute to our safety, no matter what aspect of life we are speaking of. Thus, they are offering us the needed rescue, like the professional indemnity insurance, when we or our business finds itself in difficult situations.

Moreover, another common example is the car insurance. Many of us know how stressful a car accident can be, how much time and money it wastes and how terrible walking or commuting on public transportation to work is. Thus, in such situations, the insurance company will come to your rescue and take over some of your responsibilities, so as to enjoy your car as soon as possible for free.

Furthermore, another important reality in our lives is the health insurance, as health is our most valuable possession. Thus, you might lead your life according to the principle that “it won’t happen to me”, but once you get sick and need a difficult surgery, transplant, etc, you will surely appreciate a private health insurance.

In many cases, people with such medical conditions neglect this aspect, relying on the old way of thinking that “this won’t happen to me”. But in fact, you can never be too cautious and once such a situation occurs, the insurance company will at least give you the right to fight for your health. Thus, the insurance company will take over the money related worries while you get the luxury of focusing on your recovery.

Therefore, an insurance is not just a decision that will require of you monthly payments, but a wise investment that might save your life or that will at least offer you a more peaceful life. You will thus have the chance to focus on the important things in your life and allow the insurer to take over some unpleasant tasks.

If you want to protect yourself as a business and your collaborators, you should get a professional indemnity insurance.

An insurance is a bribe one pays to the future in order to make sure that the negative effects about to happen don’t affect him or her, both financially and mentally. Therefore, by paying an amount of money in advance, you make sure that the insurance company takes over the costs and the trouble in case something bad or simply undesired takes place. You will pass the worry on and enjoy the important details in your life. Celebrities or eccentrics have taken this concept to a different level by insuring strange parts of their bodies for exuberant sums of money.

The one who set the basis of such a practice back in the ’20s was a silent movie artist, Ben Turpin, who made his way into the movie business by crossing his eyes. Therefore, he made an insurance of 20.000 dollars against them uncrossing, so as to make sure that in case something happened to his eyes and lost his job, at least he would gain a large sum of money. Decades later, Jennifer Lopez followed his example and insured for 27 million dollars the body part that contributed to her fame: her rear.

Further on, Keith Richard, the guitarist of Rolling Stone, although no longer in his youth, decided to insure his middle finger for 1.6 billion dollars. His decision was based on the frequent use he gave this finger and therefore on the high risk it confronted. Moreover, Bette Davis insured her waist for the sum of 28.00 dollars back in the ’40s. We all know that the physical appearance is of great value to the show bizz, especially for a woman, whose waist undergoes many perils, like pregnancy, age, etc. Therefore, a beautiful waist was an important element in the appearance, life and career of an actress back then.

Another interesting insurance is the one purchased by the main actress of Ugly Betty, America Ferrera. As she was the image of Aquafresh and as she was involved in a charity campaign, offering free dental care to jobless women, she decided to insure her teeth for the impressive sum of 10 million dollars. It was not a vanity gesture, but one to insure her career.

In conclusion, all these gestures may seem eccentric, but they are in fact nothing else but professional insurance indemnity under different forms. They are a way for people to protect themselves, the people they work with, in a word, a way of insuring their careers.

A professional indemnity insurance may be required of you so as to protect yourself, your business and your collaborators.

Insurance can be seen as a form of risk management and people seek this service to cover any form of risk or loss. Insurance companies are selling different types of policies and they pay a certain amount of money to help individuals avoid unpleasant situations. In the case of any financial or personal loss, this service ensures the beneficiary of the policy that he/she will be compensated depending on certain conditions and circumstances provided by the policy in force.

It is well known that young drivers are more likely to to get into an accident than an older driver. Many young drivers get killed because of high speeds and lack of experience. Some insurance companies offer certain discounts for new young drivers to give them a helping hand and stimulate them at the same time. An accident insurance provides a cash cover to the policyholder in case of any injuries which are caused by a car accident. That is why it is strongly recommended not to drive without having such an insurance, because no one would like to get money out of his/her pocket, or from their bank account to cover the expenses.

Some companies offer a few discounts on auto insurance and you will be able to find the most affordable car insurance so as to fit with your own needs. You can save a lot of money in this way and use it for other purposes. You can get discounts if your car is equipped with accessories like car alarms, electronic locking and anti-lock brakes and if you are a student, companies usually offer discounts for getting good grades. In order to avoid accidents and pay less for your insurance, you should consider to buy a car that provides you the necessary
comfort and has a lower consumption at the same time.

If you have a car accident with another vehicle and the other driver is to be blamed for producing it, then it is the duty of the other driver’s insurance company to investigate the causes of the accident. After this step, the company will seek to cover your losses.

Accidents are often unavoidable and as for medical expenses, they are covered regardless of who is responsible for the accident. After a detailed analysis, the insurance company will decide how much should be invested to cover all costs.

An insurance policy can be whether a personal, a profession or a health one and it depends on certain factors. The policies that are listed above take the financial responsibility to pay for any damage, but when it comes to a deviation from certain laws, a person, or a company can recover its money from an insurance company.

With indemnity insurance, you will not have to worry about losing your money in case of loss or damage.

When we refer to the insurance industry, there may be several terms that people do not know. What is more, people may not be aware of the fact that there are several types of insurances they can select from. There are: home insurances, life insurances, health insurances, car insurances, travel insurances which are most common, but there is also terrorism insurance, body-part insurance, pet insurance, agricultural insurance, malpractice insurance, etc. The most appropriate ones are, of course, those insurances which cover the losses totally.

When you are behind the wheel, accidents can take place all of a sudden. So, being prepared is a must. That is why having car insurance is really important, even if you are an excellent driver.

One of the most common types of insurance is car insurance. The reason for this can be the fact that it is required by law to have one. Car insurance protects the insured against losses involving the use of vehicles. The coverage can include bodily injury, property damage in case of collision and medical expenses in case of an accident. There are several policies that you can purchase, according to the kind of coverage wanted. So, there is the comprehensive coverage which covers also damage to the car due to theft or vandalism or to natural disasters, such as earthquakes, floods, tornadoes, hail, etc. The insurance agent can help you select the most appropriate car insurance, one that respects your budget and your necessities.

When you purchase car insurance, the premium is the sum of money that you have to give to the insurance company every month. This sum depends on the type of car that you drive, sex, age and past driving history. The deductible is the sum that you have to give if you have an accident. But if the accident was somebody else’s fault, then your deductible will be paid by their insurance company.

When buying car insurance it is advisable that you verify the company’s financial situation, if it is solvent from the financial point of view and can pay policyholders’ claims. This is an important aspect to be taken into consideration. You should do it so that you don’t regret it later.

Thus, car insurances are very useful and are also a compulsory requirement. The sums of money that you will have to pay for repairing your car will not be enormous if you are involved in an accident. And if you have no accidents, the insurance company can take this into account and lower your future premiums.

Often mandatory, professional indemnity insurance is needed to protect yourself and your business.

You don’t need anyone’s blessing to take out a policy for any of your body parts you fancy, provided that the premium is not beyond your financial means. Though you’ll always see strange cases, like of the guy who purchased a policy against the possible trauma he could suffer was his national team to lose the soccer World’s Cup, or like the members of the Derbyshire Whiskers Club who acquired insurance for their beards in case they got on fire or got stolen, the most frequent cases of insuring body parts are those of celebrities, whether we speak of private insurance or corporation one.

Entertainment companies, TV networks and sports teams have clearly a financial interest in insuring the body parts of their moneymaker celebrities, because in case of accidents, the latter couldn’t carry out their activity for them. And why should companies risk to lose larger amounts of money, when they could just take out some general disability insurance or even specialty insurance?

But things become weird when celebrities cover with exorbitant sums body parts that are in no way related to their work. It is true that taking out such insurance means a lot of publicity, the tabloids being only too willing to inform the audience about their latest eccentricities, and people being really interested in everything their favorite celebrities do. A supermarket company insuring the taste buds of its most important wine buyer for a stunning 10 million dollars and having the news all over the press witnessed an increase of almost 20% in its wine sales. Therefore, it’s undeniable that publicity sells, and to the extent it’s more shocking to that extent sells better.

Whereas it seems sensible that Heidi Klum insured her legs, it is more difficult to grasp why Mariah Carey would do the same or Mary Hart – a co-host of Entertainment Tonight for that matter -, one having just to sing and the other one just to speak, both activities hardly involving their legs. And, as regards the latter, it would have made better sense to take out professional indemnity insurance given that, as proved by lab tests, her voice caused epileptic seizures to a woman. Still, both have fine legs. What about, though, Tom Jones insuring his chest hair for 7 million dollars or Merv Hughes, an American bowler, insuring his mustache for 370,000 dollars?

And if you think this kind of insurance is modern, you are wrong. A successful comedian of the era of silent movies, Ben Turpin, insured his crossed eyes that made people laugh for $25,000, in the event they could become uncrossed for no reason and compromise his career. But nothing compares with Bette Davis insuring her waistline for $28,000 or Jennifer Lopez insuring her lovely behind for $1 billion. Can this be considered to be anything else than a publicity stunt?

If protected by indemnity insurance the policyholders receive compensations for their provable financial losses.