Pet insurance affected by location and housing
September 28, 2007 by admin
Filed under News, News-Insurance
The cost of insuring a pet can be affected by where the animal is housed and what part of the country you live in.
According to insurer Allianz, there are various factors which determine the price of pet insurance premiums such as the age and breed of a pet, how much it cost to buy it, how much physical activity it takes part in and if the owner lives in an area where it is expensive to run a veterinary surgery.
Clare Wheatley, risk and underwriting manager for Allianz’s Petplan programme, noted that “the cost of setting up and running a vet practice can vary greatly across the UK”.
She added: “We take a pet’s age, breed and location into account when insuring them.
“Age is a factor because just like humans, pets are more likely to fall ill as they get older. A man or woman may develop diabetes and arthritis later in life, and so may a pet. Therefore, to cover the additional risk of insuring an older animal we charge slightly more for dogs over the age of eight (five years for some breeds) and cats over the age of ten.”
Musical instruments can cause mayhem
February 2, 2007 by admin
Filed under News, News-Insurance
As Valentine’s Day approaches (February 14th) the country’s romantic souls are being offered a few words of advice.
Allianz Cornhill Musical Insurance (ACMI) says that this time of year can often lead to accidents involving musical instruments as boyfriends try to impress their beau by serenading them.
According to the firm, many claims are lodged each year regarding damage or accidents involving a musical instrument and they have decided to disclose a few.
Among the most humorous was a claimant whose cello spikes got caught in clothing and led to him falling onto his instrument and breaking it.
Many claims are made regarding young brothers getting carried away in a bit of rough and tumble, only to destroy their prized musical instruments.
Finally, ACMI says it has even received a claim after a wasp flew down someone’s shirt, leading to a fit of panic and a smashed instrument.
“Some of our policyholders have come up with some ingenious ways to damage their instruments so we have become quite expert in providing risk management advice,” said John Feaver from ACMI.
“The advice in this case is quite simple: please don’t try climbing a ladder while playing a guitar or violin – it could seriously damage your health and your instrument.”
If you are considering taking out insurance for your instrument, it may be worth checking your current home insurance policy to see if it is already covered.
