5 Ways to Reduce Your Bike Insurance Premium.

KrizzyJuly 03, 2017INSURANCE No comments

As you must be aware, if you own a motorcycle in India, the law requires you to have it insured. According to statistics, India has the highest rate of two-wheeler accidents as compared to other countries. This itself emphasizes the need of insurance for your two-wheeler.

Though insurance is important and can't be bypassed, it could turn out to be expensive and add burden to your finances. And these days the price of everything seems to be shooting through the roof. So, you are bound to pay your bike insurance premium with a heavy heart. Well, we could help you with 5 easy ways to reduce your bike insurance premium. Read on to know how!

#1 Choose Your Bike Well

Yes, more exotic bikes or the ones with bigger engines definitely will cost more. Also, the unusual or modified bikes are considered to be more expensive when it comes to the repairs and replacement of their spare parts. So, it would be wiser to go for an entry-level motorcycle with a smaller engine. This would attract lower premiums accordingly.

#2 Maintain A Clean Driving Record as A Rider

The insurance company may look at your record for any tickets or accidents. So, if you have more experience as a rider, the less risky you will seem in the eyes of the insurer. This will help you in fetching the best possible premium. Driving safely will help keep your claims low. Which correspondingly would add the benefit of No-claim Bonus to your premium.

Besides a clean driving record, the insurance company also looks at your riding time and experience. That is, how long have you been riding motorcycles and what experience do you have with a specific motorcycle to be insured. The more experienced you are as a driver, lower would be the risk and the cost of premium accordingly.

#3 Avoid Making Small Claims

If you haven't made any claim in a defined period of time, you are awarded a No Claim Bonus and discounts by the insurer. So, if you make a claim for small damages, you are bound to lose out on the no-claim discount for that particular year.

So, the next time you notice a dent here or a scratch there or a broken tail light, skip the trip to the insurer. You could just take care of these minor damages from your own pocket at a local mechanic shop instead.

#4 Boost Your Bike's Security

The insurers are bound to offer you a lower premium rate if your bike is more secure against theft, vandalism and incidental damage. So, if you install safety equipment and additional security measures, it will decrease the risk posed to the insured property. Make sure you park your bike in a secure area like a garage. And then insurers are more likely to offer you premium discounts.

#5 Bundle Your Policies

Why not get the benefits of a packaged deal? that gets all your insurance needs covered by one insurer. Let's say, if you have a car insurance policy with an insurer, then the same insurance company is more likely to provide you with a discounted premium for your bike insurance as well.

Besides these, you have the option of paying the premium annually or in monthly installments. Paying your bike insurance premium annually would also cost you lesser. Also, if you are part of a riding, touring or automobile association, a few insurers do offer you some discount. Not carrying a pillion can earn you some extra discount and so is limiting your mileage. And all of these factors when taken into consideration will ensure that the insurance premium doesn't make a dent in your wallet.

So, when the time comes to renew your insurance, don't just settle for your current insurer. Instead be wise enough to spare some time and do a thorough research online. Compare the various options available and pick the one that best suits your requirement.

The author is a content writer. In this article she mentioned the various ways that how to reduce your bike insurance premium.

SCHOLARSHIPS: LIST OF UNDERGRADUATE SCHOLARSHIPS THAT WILL END SOON

KrizzyMay 06, 2017Scholarships No comments

Future Global Leaders Scholarship at Coventry University

Institution- Coventry University
Bachelor’s Degree
Deadline: 30 June 2017 (annual)
Country: UK

Fields qualified- All

Course starts Sept 2017

Macquarie Vice-Chancellor’s International Scholarships-

Institution- Macquarie University

Bachelors/Masters Degree

Deadline: 30 June 2017 (annual)

Country : Australia

Fields qualified: Engineering, Environment, Human Science, Media, Linguistics, and Education

Next course starts July 2017.

The Denys Holland Scholarship at University College London

Institution- University College London
Bachelors Degree

Fields qualified: All
Deadline: 7 July 2017 (annual)
Study in: UK
Course starts Sept 2017

Source: All from SCHOLARS4DEV

2017/2018 MTN Foundation Scholarship is out!!! See how you can apply.

KrizzyFebruary 12, 2017Scholarships No comments

Qualifications:

1. Interested candidates are expected to have a CGPA of at least 3.5(second class upper/upper credit).

2. Applicants must be full time undergraduates of Nigerian Universities and Colleges of Education.

3. Applicants from public Polytechnics must have a minimum grade Point Average of 3.0 (upper credit) from the Ordinary National Diploma (OND) programme and must have secured admission into the Higher National Diploma programme (HND).

4. Direct entry level students must have a minimum Grade Point Average of 3.0 (upper credit) from the Ordinary National Diploma (OND) programme and must have secured admission into 200level in a public University.

Eligible Fields of Study are:

• Accountancy/Accounting
• Agric. Extension and Rural Development
• Agricultural Science
• Agronomy
• Animal Breeding and Genetics
• Animal Nutrition
• Animal Production and Health
• Aquaculture and Fisheries Management
• Applied Physics
• Architecture
• Chemical Engineering
• Civil Engineering
• Computer and Electronics
• Computer and Information Science
• Computer and Mathematics
• Computer Engineering
• Computer Science
• Electrical Engineering
• Electrical/Electronic Engineering • Electronics and Computer Technology
• Electronics Engineering
• Engineering Physics
• Industrial Mathematics
• Industrial Physics
• Information Technology
• Mathematics
• Mechanical Engineering
• Metallurgical and Materials Engineering
• Petroleum and Gas Engineering
• Physics Electronics
• Geophysics
• Physics/ Computational Modeling
• Pure/ Applied Physics
• Statistics
• Statistics and Computer Science
• System Engineering

NOTE: The Application has not yet started and the deadline hasn't been announced also but we promise to keep you posted as soon as it starts.

Just make sure you have the following requirements ready.

1. 2 recent passport photographs as well as the original and

photocopy of the following documents:

2. Valid Student ID card

3. Any other means of identification (National ID card, International passport or Driver’s license)

4. Admission letter from JAMB and institution of study

5. Admission letter for the HND programmes (For Polytechnic students only)

2017 Latest Federal Govt. sponsored Scholarships for Nigerian Students

KrizzyJanuary 08, 2017Scholarships No comments

The Honourable Minister of Education (HME), Mallam Adamu
Adamu, hereby invites interested and qualified Nigerians to
participate in the 2017/2018 Nomination Interview for Bilateral
Education Agreement (BEA) Scholarship Award for:
i) Undergraduate (UG) studies tenable in Russia, Morocco, Algeria,
Serbia, Hungary, Egypt, Turkey, Cuba, Ukraine, Japan, and
ii) Postgraduate (PG) studies tenable in Russia (for those whose
first degrees were obtained from Russia), China, Hungary, Serbia,
Turkey, Japan, Mexico, South Korea, e.t.c.
2.0 All qualified candidates are advised to:
a. Visit Federal Ministry of Education’s website www.education.g
ov.ng and click on READ MORE on Federal Scholarship Board
ICON on the Home Page:
. b. Read Guidelines and then Complete the Application Form
online
c. Print the completed Application Form
d. Submit two sets of the Printed Application Forms at the venue
of the interview as scheduled below.
NOTE/Warning: Double Entries will be disqualified!
3.0 FIELDS OF STUDY
a. Undergraduate level - Engineering, Geology, Agriculture,
Sciences, Mathematics, Languages, Environmental Sciences,
Sports, Law, Social Sciences, Biotechnology, Architecture,
Medicine (very limited), etc; and
b. Postgraduate level (Masters Degree and Ph.D) in all fields.

4.0 CRITERIA FOR ELIGIBILITY

A. UNDERGRADUATE SCHOLARSHIP: All applicants for
undergraduate degree courses must possess a minimum
qualification of Five (5) Distinctions (As & Bs) in the Senior
Secoundary School Certificate, WAEC (May/June) only in the
subjects relevant to their fields of study including English
Language and Mathematics. Certificates should not be more than
Two (2) years old (2015 & 2016). Age limit is from 18 to 20
years.

B. POSTGRADUATE SCHOLARSHIP: All applicants must hold a
First Degree with at least 2nd Class Upper Division. The
applicants who are previous recipients of Foreign Awards must
have completed at least two (2) years post qualification or
employment practice in Nigeria. All applicants must have
completed N.Y.S.C. Age limit is 35 years for Masters and 40
years for Ph.D.
NOTE (For all Applicants):
i) Since the BEA countries are non-English speaking, applicants
should be prepared to undertake a mandatory one year foreign
language of the country of choice which will be the standard
medium of instruction; and
ii)All applicants for Hungarian Scholarship must visit the website:
www.stipenumhungaricum.hu before 10st February 2017
Complete the application form online

• Print the completed form and bring to the venue in addition to
2.0 above.

5.0 VENUE OF INTERVIEW: All eligible applicants are to report for
interview at the venues scheduled for their respective Zones of
origin for proper identification. Two sets of completed application
forms should be submitted at the various interview centres with
the following attachments:
i. Two sets of Photocopies of Educational Certificates and
Testimonials of previous schools attended with the originals for
sighting;
ii. Only one certificate is accepted i.e WAEC of May/June;
iii. Two copies of Birth certificate from National Population
Commission;
iv. State of Origin/LGA certificate duly signed, stamped and dated;
v. Four (4) colourede passport sized photographs on white
background; and
vi Postgraduate applicants will be required to submit Academic
transcripts and NYSC certificate.

Good luck.......

Government of Hungary Stipendium Hungaricum Scholarship Program for International Students 2017/2018

KrizzyJanuary 01, 2017Scholarships No comments

The Hungarian Government is offering scholarship opportunities to international students at all levels of study.
Don't miss this opportunity !!!
Click Here to enter the official scholarship page

Delayed Flight - Only Insurance Can Cover You.

KrizzyDecember 18, 2016INSURANCE No comments

If you are an airline traveler, chances are, you have experienced a delay.

Of course, a delay in airplane travel can mean different things to different people. For some, it is a bothersome inconvenience. Still others incur more than this. Business people can lose deals and related money; holiday travelers can lose days of their adventure, students, miss classes and the individual list of damages goes on according to the person.

If you think you have one iota of a chance of a lawsuit, think again.

Airlines do not legally owe you one cent of compensation for any suffering or loss if your scheduled flight is delayed. This is due to the fact that the airlines do not guarantee flight schedules. Of course, doing this would get them in deep trouble because like all of us, they are not capable of changing wind or hail patterns or averting snow storms, hurricanes or any form of bad weather that can interrupt air travel, departure times, as well as arrival hour. Moreover, mechanical troubles can appear, seemingly out of nowhere.

Liability for the above events is out of the picture when it comes to scheduled flights.

"It's simply out of our control," says everyone in the airline industry, from the executives to the pilots and flight attendants, to the maintenance men and booking agents.

While an airline may go out of its way to provide food and drinks during a flight delay - or even coupons for a discount at the local hotel or motel, it's a rare event that sees them compensating a passenger for a postponed airplane ride, regardless of the passengers' important meeting or lost vacation time.

So, how does a traveler protect him or herself from the losses incurred by a delayed flight?

The answer, my fellow air traveler, is travel insurance that includes travel delay coverage.

Designed to compensate the delayed air passenger for food and shelter costs during a covered layover, this type of insurance protects when the delay is due to:

• Bad weather that prevents accurate departure and arrival time
• Missing important documents of a passenger, like a passport of visa
• A sick passenger that needs to be quarantined
• Skyjacking or hijacking or terrorism
• Sudden airline employee strikes
• Natural disasters or catastrophes
• Civil unrest
• Travel shutdowns imposed by government officials as a result of a state of emergency or weather conditions.

Travel time is never a guaranteed surety. Nonetheless, acquiring the right type of insurance coverage can protect you from the related losses.

Speak to an experienced independent agency about travel insurance that includes coverage for airline delays.

Business Insurance 101: What You Need to Know

KrizzyDecember 16, 2016INSURANCE No comments

So you started your own business. You've seen a hole in the market or come up with a brilliant new idea. You've got things underway and maybe even started to make a bit of money. Well, before you take one step further, it's time to think about insurance for your business. After all, you took a big risk starting your own company and that means you need to mitigate those risks as best you can.

The hardline fact about coverage and businesses is that you need it. Everything you have for your business, from vehicles to basic liability, requires insurance. Without it, you could put everything you've built in jeopardy, open yourself up to crippling financial issues, or even be in violation of the law. But not to worry, here are some basics about coverage of your business that can help you get the protection you need to succeed.

Types of Business Insurance

The first thing you need to understand about coverage and your business is the different types that exist. Depending on your business, you may need specific kinds of insurance. In general, business coverage can be broken down into three broad categories: insurance for owners or partners and key employees, coverage of business earnings and property, and liability insurance. Here is a breakdown of each different kind.

Insurance for Business Owners, Partners and Key Employees

If you own a business, you need specific types of coverage depending on how your business is set up. These can include, but are not limited to:

• Life insurance - This coverage protects your family if something happens to you. If you are the sole proprietor of your business, this insurance is key because business owners are personally liable for all the debts of the business.

• Disability insurance - In the event that you are injured or fall ill, disability insurance will provide you with an income for a specified amount of time.

• Partnership insurance or buy-sell coverage - If you have a partner in your business, this insurance will help you purchase your partner's shares and continue running the business in the event of their death.

• Critical illness insurance - If you become critically ill, this coverage will give you a lump sum of money to help you through the situation.

• Key person insurance - This coverage protects you in the event of the death or loss of those employees who are most important to your business.

Insurance for Business and Property Earnings

On top of coverage that protects individuals, your business may also require the following types of insurance to protect its assets and earnings. Bear in mind that businesses run out of your home may require coverage beyond your home insurance. It is always a good idea to contact your coverage company to discuss running a business out of your home.

• Property insurance - This coverage covers any buildings or property owned by your business if it suffers damage or destruction from fire, earthquakes, avalanches and other such disasters.

• Contents insurance - If you have a property or building that stores things for your business, such as a warehouse or storefront, this policy covers the loss of those contents. Note that even if you are leasing space, you may still require contents insurance as your lease will likely make you responsible for what you put inside the leased space. Home business owners will need to contact their insurance companies to discuss what needs to be included in their home policy.

• Business interruption insurance - When disaster strikes, this policy will cover you for the time that your business cannot run at its proper efficiency.

• Vehicle insurance - If your company owns vehicles, you are legally required to have coverage. If you use your personal vehicle for your business, make sure that you contact your insurance company.

Liability Insurance

Liability covers you in the event of a mistake or accident for which you can be held responsible. There are three kinds to consider when you own a business: personal liability, product liability, and professional. These cover you from personal responsibility, something going wrong with your products, and from lawsuits filed by your clients, respectively.

Starting your own business is a big risk, but that doesn't mean you should take unnecessary chances. If you own a business, you need the right coverage. Be sure to shop around and find the insurance package that's right for your business. If you have any additional questions, we can help you make sense of your policies to ensure you have the right kinds of coverage from the right kinds of insurance companies.

Article Source: http://EzineArticles.com/9853792

Your Health, Your Insurance Coverage.

KrizzyDecember 16, 2016INSURANCE 1 comment

It was not that long ago when the water crisis in Flint, Michigan took place and residents worried about the lead content. For years, home and property owners and managers, as well as mortgage companies have known about lead risks.

Recent studies about the metal exposure in many parts of the country have raised significant questions.

What is lead poisoning?

This form of toxic poisoning can happen when a perilous level of lead enters the body. Incidentally, small amounts of lead are not good for you, either, and can cause serious health concerns, particular in kids under six years of age.

Where does lead come from?

Lead problems typically originate from lead-based paint and lead-contaminated dust. Older houses and buildings are problematic in regard to this. Lead can also be found in polluted air and water and soil. Those working with batteries, apartment or office building renovation may also be at risk, as are auto repair people.

How does one this form of poisoning?

All it may take to reduce low levels of lead poisoning is avoiding spots where lead is contained. Patients who suffer from a high level of lead poisoning may need to undergo a treatment called chelation. Family physicians are the best source of guidance in this matter. Of course, avoiding contact with lead sources is the best antidote in the first place.

How does one prevent lead poisoning?

Here are several everyday tips that help residents prevent exposure to lead poisoning.

• After turning on the cold water, let it run for a minute or so before using.
• Wash hands before eating, bed time, and after playing outside
• Sanitize toys regularly.
• Mop all floors on a regular basis. Wipe furnishings and clean surfaces with a damp cloth to maintain a dust-free atmosphere
• Train family members to remove shoes prior to coming inside
• Plant grass over soil patches.
• Plant grass over bare outdoor soil patches, covering sand boxes after playtime
• Eat wholesome meals three times a day.
• Avoid toys, remedies, cosmetics and hair dyes that may contain lead.

What about Property Insurance? Does it Cover Lead Poisoning?

This type of metal poisoning is a controversial topic for most insurance companies - especially when it comes to older homes, buildings and property. Generally, home and property owners must hire a special inspector to confirm that lead is not a known problem before a provider will sell related coverage.

More information about lead poisoning as it relates to property insurance can be learned from an independent insurance agency that is experienced in all areas of real estate.

Renter's Insurance - Should You Get It or Not?

KrizzyDecember 15, 2016INSURANCE No comments

Everyone is a renter at some point in life. Some start early, while others start late. Approximately 111 million (111,000,000) Americans rented in 2016. Of this number about 9 million were people under the age of 30, while 27 million were people between the ages of 30 to 65. Even among elderly people, about 6 million people over the age of 65 were renters.

What is renter's insurance?

A renter's insurance policy bundle covers three categories, as follows:

Personal Property Insurance - This policy protects you from any personal property losses due to theft, fire or other unfortunate incidents. The fact is a lot of people do not realize how much "stuff" they have in an apartment until it's too late. Look around space that you are renting and think of how much it will cost to replace all those things, from your laptop, phones, tv, gaming equipment, Xbox, DVD collection, artwork, furniture, clothes and jewelry. If you're property is stolen or damaged, your landlord's insurance does not extend to you. You are responsible for your property and that's why you need personal property insurance. It should be noted that not all types of property are fully covered so make sure you understand that is covered and what is not. Some collections are not fully covered.

Think what is you have is not worth much? Consider that the estimated cost of replacing a television is about $500. The estimated cost of replacing a bed is about $1000. What about your clothes?

Liability Insurance - This policy protects you from financial damages that are due to someone injuring themselves, while in your apartment. For example, a person visiting you may need medical care after slipping in the shower at your apartment or tripping and falling. The financial burden of the medical bills could be leveraged against you. With liability insurance, your insurer is obligated to assist you in defending against a potential lawsuit.

Additional Living Expenses Insurance - This policy covers some of your expenses, in case your unit is damaged or something happens and you need a temporary housing, while your unit is not available Expenses may include meals and hotel costs.

How much does renter's insurance cost?

Policies can run as low as $10 to $25 per month, depending on how big of a unit you are renting and how much you own. Renter's insurance is truly affordable for everyone and worth it.

InsQuoteUSA offers free insurance quotes for renters and homeowners.

Article Source: http://EzineArticles.com/9807342