Your House Was Burgled When Traveling Abroad? Find Out How Travel Insurance Covers That Too

Your home becomes an easy target for burglars especially when you are away on an overseas trip. But did you know that the travel insurance you purchased for your overseas trip also insures your home against burglary when you are away?

Your House Was Burgled When Traveling Abroad? Find Out How Travel Insurance Covers That Too

Several insurance companies such as Bharti AXA GI are offering burglary cover under travel insurance policies. The policy basically states that if the home has undergone a theft or burglary whilst you were away on an overseas trip, the insurance company will have to compensate you as per the financial protection offered. This will typically cover the damage or loss as a result of the burglary.

However, there is a catch here. The home burglary will have a cap that will be defined in the policy. This means that the insurance company is only liable to pay the up to the maximum limit set under the travel policy burglary cover. For example, your home has been ransacked and you have experienced a loss or damage of several lakhs of rupees, but your insurance only covers you for Rs. 50, 000 as the maximum limit. Your insurance company will only make a payout of Rs. 50,000 in that case, regardless of the actual loss or damage that you may have incurred financially.

What are the Conditions that Requires Fulfilling at the Time of Settling the Claim?

If you have raised a claim against a burglary that occurred when you were away on a trip, then you are required to fulfill certain conditions. These include:

  • As soon as you become aware of the burglary, you must alert the insurance company who had issued the travel insurance policy and submit the required claim forms that have been duly filled out along with any supporting particulars.
  • You should fully co-operate with your insurance provider and any surveyor appointed by the same by assisting in all necessary investigations.
  • You must inform the police who has jurisdiction over the place of loss of the burglary through any formal means of communication. You can file an FIR once you are back from your travel and forward a copy of the same to the insurance company.
  • After you have reported the matter to your insurance company, you should follow the surveyor’s guidelines about the extent of usage of your property so as not to aggravate the loss any further than necessary.

What Documents are to be Submitted at the Time of Raising the Claim?

To expedite the process, you must have the following documents in place that should be submitted at the time or raising the claim:

  • A statement of claim must be submitted that should include complete information about the items lost during the theft or burglary along with its accurate or approximate value. Supporting documents of the items lost and their valuation may comprise of purchase bills. If bills are not available, the policyholder must furnish appropriate evidence to the insurance company that will help them to compute the cost of the items lost
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Glenn Sandler (CPA) of G.I. Tax Service Lists Tax Questions to Ask Your Accountant

A good CPA is invaluable when it comes to organizing your finances, and this is never truer than when it comes to the area of personal taxes. Here, Glenn Sandler, CPA founder of G.I. Tax Services lists five questions to ask your CPA that could provide substantial benefits for your finances well into the future.

Glenn Sandler (CPA) of G.I. Tax Service Lists Tax Questions to Ask Your Accountant
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What Information Do I Need to Keep?

In the world of taxes, paperwork is ubiquitous and keeping your head above water entails knowing exactly what documents you need to keep and which you can dispose of. Your accountant will let you know the difference between the two and will even serve as a reserve for your information. A clear picture of your financial information will help the CPA optimize the assessment statements provided to you.

How Can I Save More on My Taxes?

This is perhaps the question that is the most commonly asked of CPAs. Ultimately one of the most critical times of the year for an accountant is tax season, and they can help you leverage your situation to find numerous tax breaks. By speaking with your CPA, you will be able to find out if you qualify for any deductions or special credits and how you can claim them. On occasion, the accountant may also be able to find unique tax advantages based on your purchases and investments.

What Direct Business Expenses Can I Deduct?

In a business, several expenses are often incurred and more often than not, some of those expenses can be deducted when filing taxes. Ask your accountant which of your expenditures can be classified under business deductions. Usually, these deductions may be for costs of services that you’ve provided, equipment that was needed for your business, transportation costs, and others.

Is There Anything I Should Do to Increase My Savings?

One of the most important things to discuss with your CPA is how you can maximize the amount of money that you are putting away. By asking your accountant how you can increase your savings, you will most likely receive advice ranging from buying more efficient equipment to lower your electric costs, to the more financially related portfolio options you may want to become involved in. Savings can be interpreted as both those related to taxation as well as those related to fiscal planning. Your CPA will be able to help you with both.

How Can I Better Manage My Cash Flow?

A positive cash flow is essential for any business, and it is something that your accountant can certainly advise you on. By looking through the amount of money brought in and the amount that flows out, your CPA can analyze areas where you can improve or cut back spending. You may have overlooked a cash flow tendency and your accountant will be able to help you understand how to better manage these issues.…

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The Best And The Most Appropriate Way To Apply For The Real Estate Loan

A real estate project is important to you and you are looking for a financing that allows you to realize it? Finding the credit offering the best real estate rate and the best conditions is therefore very important. And it is by looking after your borrower profile that you will get the best financing proposals. Indeed, banks are more likely to grant mortgage loans to clients with a reassuring profile. To help you convince banks to finance you, the Credit Guide gives you 5 tips for valuing your loan application. There are numerous credit loan company singapore loan providers out there. In order to know more about them you canal ways look them up via the internet.

The Best And The Most Appropriate Way To Apply For The Real Estate Loan

The advice of the Credit Guide to borrow well

Before applying to a bank for financing for your real estate project, it is advisable to take care of your credit application to convince the lender of your ability to repay the loan. Indeed, the more you show paw, the more likely you will be financed and the best conditions. When, conversely, a bank considers that the risk is great to finance a particular borrower, it applies a significant interest rate to try to cover the possible losses following the break of repayment. It’s up to you to present yourself in your best light!

Focus on the stability of your work situation

It is undeniable that banks prefer borrowers on permanent contracts, but if you are on fixedterm, temporary or professional, you also have all your chances of obtaining financing if you justify a stable job. Indeed, banks are more conciliatory when they have proof that, admittedly, your income varies, but they remain nevertheless regular. If you are on a permanent contract, wait until you have validated your probationary period before applying for a mortgage. Banks will also appreciate your seniority in your position.Some banks may take the variable part, provided they receive at least 3 years of bonuses.

Highlight your savings capacity

Do not hesitate to highlight all your savings made up to that point. PEL, CEL and even investments such as life insurance are reassuring for your ability to save. A good manager copes with his daily expenses and even manages to save money for future projects.

Sanitize your bank accounts

Before applying for financing, consider cleaning up your accounts. Discoveries, rejection of withdrawals or other banking incidents are to be avoided. The better your accounts are managed, the more likely the bank will be to accept your application for funding. If you have had lows in the course of the year, this does not prevent you from raising the bar for a minimum of 3 months to present healthy bank statements to the bank you are applying for credit.

To sell off your consumer credits

The fewer loads will lead to a larger budget to devote to your real estate project. That’s why it is advisable to pay off consumer credits in progress before applying for a mortgage. In the case …

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Why Your Business Needs Public Relations (PR) In 2019

You must be asking yourself whether public relations still matter in 2019. Yes, it does. Remember that it is through public relations that you can create brand awareness and get your business out there for sales and conversions. A Gold Coast led team can bear witness to how many public relations has done for businesses the team has had contact with. The following are the reasons why you need to get public relations experts on board.

Why Your Business Needs Public Relations (PR) In 2019

1. Image

Well, the first thing that PR will do is create an image of your business. Good PR will help your business develop a perception of it in the eyes of both the existing and potential clients. What role does image play in the success of an organization? People will always want to associate with positivity. What that tells you is that if you can create a positive image for your brand through public relations, then that gives you an edge over the competition. Clients will want to associate with your brand: which is good for business.

2. Target market

Through PR efforts, you are more likely to reach the market segment that you are targeting. Agencies like Tailored Media have 20 years experience, they can attest to the fact that targeted marketing is fruitful. Public relations experts know where to find your audience and how best to reach them. Through that, you will be able to save resources both in the form of time and money, and better still make sales.

3. Credibility

Public relations has everything to do with reliability. People will tend to trust more a business that has an online presence and is outspoken than one that stays behind the scenes. If you want to make conversions and sales, then you might want to consider upgrading your PR game. Public relations will get your business further than plain advertising would. It is more likely to win you the hearts of your audience.

4. Cost advantage

Looking at return on investment, if you do it right, PR will give you returns worthy of your time and money. It is essential to understand that selecting the right agency is key to reaping the benefits. How does it work? Well, remember that with PR you can reach a more targeted market segment which means that you are more likely to get leads with this which you can easily convert to sales. It may seem expensive at the beginning, but once you experience the returns, you will find that it was a good move.

Most organisations tend to ignore the importance of public relations in their businesses. That is where they get it wrong. Gone are the days that people would shop blindly. Today, people will go for the brand that they have been feeling its presence, which is through public relations. Working with experts well versed in the field is equally important. If you do not practice PR in your organization, you need to as soon as now.…

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Five Excuses For Not Doing A Startup!

It is suddenly hot to be involved with startups. Entrepreneurs are the new rock stars or film stars. Film stars, singers and models are the new entrepreneurs. However, it is a mistake to believe you are an entrepreneur just because you attend networking events and hang out with the startup crowd. Launching a startup is risky and it’s therefore easy to prevaricate and find excuses not to start. Here are a few of the most common reasons for not starting a startup and some ideas on how to overcome them:

I don’t have an idea – it is easy to imagine that all the good ideas have already been taken. However, it is wrong to obsess on finding an idea. Think in terms of either solving a problem that you encounter in real-life and doing it ‘quicker, smarter, cheaper’ or develop a vision of something you want to change in the world. Don’t overwork the idea at first. Get a co-founder and work it out together – it’s sure to change a lot on the way.

Five Excuses For Not Doing A Startup!

I don’t have any money – this can often mean uncertainty about the idea! There is little doubt that there is high financial risk in getting involved in a startup. At the early stage it is always a case of beg, borrow, and test your negotiating skills with everyone! However, the situation has got a lot better over the past few years with Startup Loans and Crowd-funding. Don’t use lack of money as an excuse if you truly believe in your idea.

I can’t find a co-founder – If you can’t find a co-founder it usually means that either you are not networking enough, you are not convincing enough or you are unrealistic in what you want to offer your co-founder. Think very carefully what gap in your skill set are you trying to fill, hone the way you communicate your idea and make the deal attractive. if you can’t immediately attract a co-founder, try using contractors, part-timers or swap skills.

I don’t have enough experience – It is often a mistake to believe that it is necessary to study further or take a corporate job to build experience. Many great startups have been built by college dropouts or people with limited experience. Jumping off the corporate ladder at a later stage is very hard. If you have a great idea and want to do a startup, do it as soon as possible. There is plenty of free help out there from startup academies and mentors.

I don’t have time – This is one that can’t be overcome easily. Startups require 100% commitment or they fail. In the early days it is sometimes possible to burn the mid-night oil on your startup, whilst doing a corporate job or contracting during the day. However, it normally comes down to quitting the day job and working full time on your passion.

Creating a startup is one of the most satisfying activities to get involved in.  It …

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