Legal expenses insurer, Arag, has revealed that it is considering launching divorce insurance in the UK, following a government announcement that almost all Legal Aid for divorce disputes settled by the courts is to end.
Justice Minister, Jonathan Djanogly, has already highlighted the need for insurance to cover divorce-related legal costs, and speaking on BBC Radio 4’s Money Box programme on Saturday, Arag managing director, Tony Buss, said he would be examining the German market over the coming year, where couples can typically buy €30,000 of cover for €100.
Policies have a waiting period, usually three years, before they can be triggered and carry an excess in the region of £500 per partner.
With regard the UK market, Mr Buss said that insurers have previously shied away from divorce insurance as it has not been regarded as socially unacceptable, but that he is hopeful launching a product in 2012.
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Whether your state calls it DWI, DUI, or DUII, drunk driving is dangerous not only for the driver but also for passengers, other drivers, pedestrians, and property. And driving drunk with a child in the car, who has no choice but to be there, should be treated as a serious crime.
Leandra’s Law
New York evidently felt this way in December 2009 when the state passed Leandra’s Law, which made it a felony to drive under the influence with a child under 15 years old in the car.
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In his life, Alex Von Furtsenberg has a sister, called Princess Tatiana von Furtsenberg. As two young children, they were both raised and grew up in New York City. Unfortunately in the year 1972, their parents divorced.
As the time goes by, Alex grew into a man and went to the Brown University and by the year of 1993, he earned his title as a Bachelor of Arts. It was in the same year when he first met his beloved wife, Alexandra von Furtsenberg (her name was Alexandra Natasha Miller).
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Home insurance is now the number one target for insurance fraud, with latest industry data showing that 170 of the 335 fraudulent insurance claims detected each day, on average, are cheating householders.
According to the Association of British Insurers (ABI), typical fraudulent household claims involve “accidental” damage to carpets and furniture due to drink spills, which have been caused deliberately.
However, fraudulent motor claims are the most costly: 108 bogus motor insurance claims, worth £1.12 million, are exposed by Britain’s insurers each day, out of a total of £2.3 million in fraudulent claims.
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I went to a local “Black Friday” shopping event for a great buy on a trampoline. I don’t care how much money I could save on a Christmas gift, I will never, ever, go through that again! However, thousands and thousands of shoppers will spend the next few weeks searching for the perfect gifts, and thousands and thousands of thieves will spend the next few weeks breaking into cars to steal them. ‘Tis the season, indeed.
Christmas gifts left in cars are easy pickings for car prowlers. Shoppers often drop packages off in the car, and return to the mall to continue shopping or have lunch.
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Responding to media calls, Patrick M. Liedtke, Secretary General and Managing Director of leading international insurance think tank, The Geneva Association, today outlined key issues for the insurance industry in 2011. He selected two near-term issues, regulation and financial stability, and two longer term issues, climate change and demographics, from the set of issues that the Association is working on. His comments were as follows:
Regulation
“The direction of international insurance regulation is going to be critical for the industry this year. M
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