Saturday 16 November 2013

Staysure Insurance Urges all Travellers to Declare Pre-existing Medical Conditions to their Insurer

Going on holiday? Read this first then. There is a lack of understanding about which medical conditions to declare causing concern among mature travellers.

New research launched today by over 50s specialist insurance provider Staysure shows the majority of mature travellers are confused about which pre-existing medical conditions they need to declare when taking out travel insurance. Nearly a quarter of people (23%) thought they only needed to tell their insurer about any conditions for which they were currently receiving treatment, while a fifth (5%) thought they didn't need to tell their travel insurance provider anything at all about their medical history.

Worryingly the research reveals that less than one in five (19%) of over 50s were able to correctly identify that they needed to declare any medical conditions, injuries or symptoms that had given rise to any form of treatment or medication in the two years before taking out a travel insurance policy. Furthermore, just under a third (32%) were aware that the exception to this rule is any form of cardiovascular or circulatory condition, such as blood clots, which need to be declared to an insurer regardless of how long it is since they were diagnosed.

This lack of understanding has worrying implications as it could mean that over 50s are travelling without valid insurance which could result in claims being declined. For example, with less than half of over 50s (46%) aware of the need to declare asthma to their insurer, Staysure is warning of the dangers of travellers unwittingly rendering their insurance invalid.

Invalid travel insurance has the potential to be very costly; Staysure estimates the average bill for a hospital stay in a popular holiday destination such as Turkey or Spain can reach £4,000 for straight forward medical conditions and up to £12,000 for more serious conditions, requiring expensive investigations and treatment. In fact a sizeable minority of over 50s admitted they would not declare medical conditions to their insurer 1- perhaps linked to the fact that a third of people said they'd found it more costly to get insurance because of their medical conditions, which can be a false economy if you become ill and the illness is related to your medical condition.

Ryan Howsam, Chief Executive of Staysure Insurance, said: “Holidaymakers should be cautious travelling abroad without tailored travel insurance for their medical conditions. To make it easier and more cost effective for our customers, Staysure covers a huge variety of pre-existing medical conditions as part of our standard cover, so there is no need to avoid declaring conditions in a bid to keep the premium down. But our advice to any traveller is, if you’re in doubt, speak to your insurer so you can discuss what is classed as a ‘pre-existing medical condition’ and ensure it is fully covered on your policy. We urge everyone to declare their conditions at the point of purchase as it is far better to be safe than sorry and risk having a claim declined.”

Notes about this Press Release from Staysure Insurance:
1- 6% of those surveyed said they don’t / wouldn’t declare pre-existing medical conditions to their travel insurance providers - Source Sttaysure Insurance 

Find out more about Staysure the over 50's experts range of products including  Health insuranceTravel Insurance, Holiday Homes insurance, Home insurancePrivate Health insurance and Motor insurance Staysure Holidays and it is well worth visiting

Thursday 14 November 2013

Let us take care of your non-standard properties says Rentguard Insurance

I have received an email from Rentguard Insurance letting me know that they can take care of non-standard property insurance.

According to their email "Rentguard are pleased to announce the launch of a new residential property insurance product underwritten by Aviva, allowing us to offer cover on a vastly increased range of property types.

Our new home insurance policy covers non-standard properties and also those in high-risk areas, allowing you to offer greater choice to your clients and better cater for those with unusual personal circumstances
This policy covers homes of ‘non-standard construction’, including wooden houses and properties with metal, glass or 100% flat roofs. 

Furthermore, we can provide quotes on properties which have previously suffered subsidence, or which are situated in areas with a history of flooding.

This flexible approach means we can now offer cover to those working or trading from home, those with previous claims histories, histories of CCJs or bankruptcy and in some cases even criminal convictions.

Non-standard construction
History of flooding or subsidence

Working from home
History of CCJs or bankruptcy
Some criminal convictions
All crime areas
History of CCJs or bankruptcy

A straight ‘yes or no’
Some criminal convictions

Properties of any age

Why not visit Rentguard Insurance Here and access their website

Tuesday 12 November 2013

Staysure Insurance to recruit 33 more employees

Following on from the announcement that Staysure Insurance has appointed Julie Gledhill as Chief Financial Officer the company has announced that the company is recruiting for 33 new roles as it continues its rapid expansion following a period of phenomenal growth. This recruitment drive follows Staysure’s recent new board-level hires including a new Chairman who all join the existing 200 staff in the Northampton headquarters.

The newly created jobs will offer people from Staysure’s local Northamptonshire community the opportunity to work in one of the area’s leading businesses, with roles available as Sales Experts and Team Leaders.

Ryan Howsam, CEO says, “Staysure has achieved phenomenal growth over the last two years and we are really excited about the future. It is this continued growth that means we are recruiting more staff now to ensure our customers continue to get the best possible service.”

Launched in 2004, Staysure is one of the UK’s fastest growing insurance and financial service providers. Its primary focus has been offering competitive and tailored travel insurance with pre-existing medical condition cover, but the portfolio now expands to car, home, holiday home, life and health insurance all specifically designed and tailored to the over 50s consumer.

Its significant and rapid growth has secured it a place in the Fast Track 100 for the last three years running and it is confident there will be place in the top 100 again this year when the announcement is made in December. Turning over £30million in 2012, up from £19million in 2011, Staysure’s success and commitment in offering quality value-for-money insurance products and services to the 50 plus market, was further endorsed when it received ‘Best Travel Insurance Product’ in the Personal Finance Awards 2012/13 and more recently ‘Best Customer Service’ award in the 2013 UK Broker Awards.

Meanwhile, it has also been announced that following on from their win in 2012, that they are thrilled to announce that Staysure has once again received a nomination for ‘Best Travel Insurance Provider’ at the prestigious Personal Finance Awards

The personal Finance Awards are currently in their 16th year. They aim to recognise the very best businesses in the UK's personal finance market.
Getting back to the Staysure press release about the new jobs, CEO Ryan Howsam continues, "If you would like to join this fun, busy, dynamic and fast moving business then now is the time to apply. We offer flexibility and shifts to suit all lifestyles with an excellent salary and benefits package. 

The opportunities to progress within the business are encouraged giving employees the chance to successfully fulfil their chosen career paths. Sales experience would be an advantage but full training is given if you’re successful.” 

Cllr David Mackintosh, leader of Northampton Borough Council, said: “This is fantastic news and yet again demonstrates the confidence businesses have in our town’s future. Staysure is one of our bigger employers and has quickly become a major brand in its field. The new jobs being created through this expansion provide excellent opportunities for Northampton’s talented workforce.

“We will continue to work closely with firms like Staysure to make their aspirations a reality and we look forward to further announcements in due course.”

Next year the business plans to take on significantly larger premises in the town centre. This will allow it to expand even further and launch a further recruitment drive in 2014 which could see its staff count increase to over 400 employees and will include sales experts, team leaders, and managers. Source Staysure Insurance

Find out more about Staysure the over 50's experts range of products including  Health insuranceTravel Insurance, Holiday Homes insurance, Home insurancePrivate Health insurance and Motor insurance Staysure Holidays and it is well worth visiting