Category Archives: Tax and Insurance

Cholamandalam Travel Insurance Plans

Indians are travelling like never before. Be it for leisure, business, further education or more, there is an estimated increase of 20% traffic travelling overseas every year. And a study shows that 80% of the travelers like to buy travel insurance policies online to ensure they are leaving their baggage of worries at home while they travel overseas.

There are many insurance companies offering travel insurance plans. Cholamandalam is one of the reliable travel insurance among these. Although most of the benefits arising out of Chola Travel Insurance are the same as others viz Medical Treatment, Repatriation of Remains, Dental Treatment, Checked Baggage Loss, Checked Baggage Delay, Passport Loss, Personal Liability, Hijack Relief Benefit, Hospital Daily Cash, Financial Emergency, Trip Cancellation, Trip Curtailment, Trip Delay, International Driving License Loss, Home Burglary, etc. However what sets Chola apart from others is:
Door-to-door Cover which means that your travel insurance starts the moment you leave your home for airport and ends when you return home from airport. Also it covers Personal Accident both overseas and domestic during your travel insurance validity.
Extensive network of hospitals and service providers all over the world.
Age Limit of family members starts from 3 months upto 80 years. No medical checkups are required for family members upto 65 years of age.
Pre-existing conditions are covered under life-saving unforeseen emergencies. Cholamandalam provides cover for any eventuality arising from a pre-existing condition.
Tie-up with I-SOS (the world-renowned International SOS) for Claims Processing and Assistance Services.

Besides the above listed benefits you get Toll-free phone numbers to contact the service provider from most frequently visited countries. The claims are settled fairly in a quick fashion. You just need to keep a copy of all the bills so that you can substantiate your claims and get timely reimbursement.

Cholamandalam insurance can be bought online at EIndiaInsurance. You can compare the insurance plan with other brands and can get a quote immediately. You can also speak to insurance agents on the phone to get complete information on the plan that you are interested in. Whenever buying an overseas travel insurance always remember to see what all is excluded and get complete clarity so that you know what you are paying for, what all it covers, what are its benefits and be sure if its worth your hard earned money or not. Last but not the least, do not just buy any travel insurance which is cheap coz you might have to shell money out of your pocket in the event of any unforeseen emergency which might not be covered under the cheap travel insurance plan. A few rupees more might just give you a complete peace of mind while you explore the other world. So travel, but with a good travel insurance plan in your backpack!

The Benefits of Cheap Auto Insurance

Cheap insurance Toronto is not tough to discover. From cases where people, who had vested interests instead of consumer welfare in mind, have been misled by insurance brokers, which is a stemming misconception. If it is known which parameters control auto insurance rates in Toronto or in Canada generally, not only better policies are found to cover for any and every vehicle owned or driven, but also there are affordable home insurance or commercial insurance policies in Toronto. Car owners in Ontario and Toronto are amongst the highest rates and premiums payers in the business of auto insurance, which is not at all surprising. It must be ensured that all the rates from all of the prime insurance brokers in the country/city are readily available. With the help of most online going firms, this has become easier with their quotes and premium rates comparison of on the web. It is advisable to get counseling in the city from the best insurance brokers. This however doesn’t mean traveling hours to the insurance firms’ centers to the other end of the city. Instead, one can simply login to the websites of similar firms to get live counseling from the same brokers met personally at the centers! It is ideal to get anti-theft or burglary alerts systems installed in the car. This means that instead of being reluctant to get car-decking with the software apps and state-of-the-art systems to prevent theft, it may actually be helpful in the long run in saving money through better coverage riders and lesser premium rates!

Due to the economic downfall of all the major global economies, has become inevitability. Nevertheless, prime concern of every individual is saving money especially on account of sky rocketing commodity prices and being on the look for discounts, whenever possible. Everybody wish to remain safe while on the road and claim to be safe drivers. Had this been probable, governments would never have gone ahead to buy vehicle covers for their people. According to the prescribed act, bringing a vehicle on road without minimum policy coverage is a criminal offense with severe penalties for the crime.

High risk driver insurance is also known as . People categorized by the insurance companies as high risk are always surprised upon augmentation of their insurance premium. To avoid being surprised with the auto insurance coverage rates applied for, it is better to attempt to learn more about drivers’ categorization by companies and their effects on the premium amount imposed on each classification type. While labeling a ‘high risk’ driver individual, several factors are considered by insurance companies. Either the rating of this risk is based on the data derived from the loss experience categorized on this basis.

Godfrey-Morrow Calgary Insurance Brokers and Financial Services

Godfrey-Morrow Insurance of Calgary and Alberta provides clients with objective insurance and financial consultation. Whether your needs are personal or business-related, our promise of outstanding service to our clients is not idle rhetoric. It is our passion. It has been the major difference in our approach to insurance since our founding companies were developed in 1925.

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Godfrey-Morrow are Calgary insurance brokers who work to treat you the way you want to be treated. We are structured to service your needs at all hours of the day in ways most convenient to you. You may submit claims or contact your insurance broker via the Internet, face-to-face, fax, telephone or any combination of these. We also feature a free that is available for Androids, Blackberries and iPhones, and makes informing us of an accident or claim quick and easy.

We are an extremely efficient, well-organized distributor of insurance and financial service products. At Godfrey-Morrow, we distribute our products through unique structures and systems and only employ highly motivated, accredited insurance brokers who individually and collectively have a passion for customer service.

Your busy life does not need to stop because of insurance or financial service needs. We are here to help you with as little disruption as possible. Our employee-developed Mission Statement says it all: If its important to you, its important to us!

Godfrey-Morrow Insurance Brokers Calgary and Alberta: Personal Insurance Options

Godfrey-Morrows personal insurance options include: Car/Auto Insurance, Property/Home Insurance, Life Insurance, Travel Insurance, Disability Insurance, Critical Illness Insurance and Supplemental Health Insurance.

Godfrey-Morrow Insurance Brokers Calgary and Alberta: Business and Commercial Insurance Options

Specialists in , Godfrey-Morrows choices include: Commercial Auto Insurance, Oil & Gas Insurance, Office Insurance, Retail Insurance, Contractor’s Insurance, Non-Package Commercial Insurance, Equipment Breakdown (Boiler and Machinery) Insurance, Directors and Officers Insurance, Fidelity, Surety and Crime Insurance, Business Property Insurance, Errors and Omissions Insurance, General Liability Insurance, Product Liability Insurance, Group Health Insurance, Key Person Insurance, Employment Practices Liability Insurance (EPLI) and Workers Compensation Insurance.

Godfrey-Morrow Insurance Brokers Calgary and Alberta: Specialty Insurance Options

Godfrey-Morrows specialty insurance options include: Classic/Collector Car Insurance, Watercraft/Boat Insurance, Motorhome/RV Insurance, Motorcycle Insurance, Snowmobile and ATV Insurance and Trailer and Camper Insurance.

Godfrey-Morrow Insurance Brokers Calgary and Alberta: Financial Services
Godfrey-Morrows financial services include: Effective Investing, Building a Financial Plan, Financial Check-in, Universal Life, Registered Plans and Mutual Funds.

If you do not see your specific insurance need listed above, please contact us. As insurance brokers in Calgary, we are able to work with our providers to ensure you are covered at all times.

Why use bookkeeping and tax services

Most people do not want to handle bookkeeping and tax services for their business. Some are more interested in growing their business or having free time. Others do not have the skills to accurately manage this necessary detail and want professional services to handle them. Another reason that people like to have a professional service handle this aspect is fear of tax consequences.

Not all methods work

Some people start record keeping with good intentions but have it fall apart at some point. They may not use the right software or they may try to enter records by hand in a notebook or ledger. This can result in lost receipts, missing documents or other details not being entered in a timely manner. The end result is lost data for income tax filings and the potential not only to loose deductions but also tax penalties.

Some people don’t have time or the interest in maintaining records. Having some kind of outside resource for these services helps them to get accurate financial records in place without as much effort on their part as would be needed if they did it.

What to look for

There are several different formats for getting outside assistance. Some people will hand off receipts and documents to someone that is local that handles bookkeeping. This is likely to be the most expensive method of handling finances as the bookkeeping service has to hand enter each item. It can also lead to a lot of confusion and unnecessary communication between the business owner and the bookkeeping service.

Business owners may want to look for someone that uses a traditional software package that is designed specifically for this kind of need. This makes it easy to get the information inputted into the system but it also makes it easy to create fills and reports that can be given to tax preparers, accountants or CPAs when the time comes to prepare tax forms.

Other features of this kind of service

The scope of the service can vary depending on what the client needs. Some businesses will only need very basic services while others will need everything. One area that many clients need help with is reports. These can often be used to forecast income and expenses for businesses.

These services may be able to return documents and receipts to clients in several ways. In some cases, they may be able to deliver them if the client is local. In other cases, clients may want them mailed, faxed or emailed back.

For more information, visit .

Confessions Of A Uk Tax Investigator

Many sole traders and small business owners in the UK are oblivious to the insider dealings of HMRC, formerly known as the Inland Revenue and Customs and Excise.

Many seem to think that because their businesses are very small, the Tax Man will not notice them. How wrong they are. HMRC have the most state-of-the-art technology at their disposal and are very much aware of the activities of individual traders. Most often under the spotlight are market traders and construction industry workers, but more recently the work-at-home entrepreneurs have attracted much interest.

More and more individuals are setting up online businesses and selling just about every type of product imaginable. Some are earning five and six-figure incomes from auction sites like ebay and some are doing very nicely from Googles Adsense program. Its not difficult for HMRC inspectors to track down website owners and ebay sellers and they also have the power to access traders PayPal records and accounts.

Anyone not declaring their incomes from these business activities are putting themselves right in the firing line. Tax fraud and tax evasion are serious matters, which can result in very serious consequences. Should a tax inspector become suspicious of a trader, he can instigate a full investigation. The whole process could take months, during which time they will uncover every single piece of evidence needed to prosecute the perpetrator.

Depending on the severity of the tax fraud or the extent of the tax evasion, the individuals concerned could find themselves facing a heavy financial penalty, business closure, loss of the family home or even imprisonment. And they will still have to pay back all taxes due. Is it worth the risk?

Its a gamble with unfanciable odds and overwhelming risks. The only answer is to play it straight and play it fair. Who wants to be looking over their shoulder for the rest of their working life? Like it or not we all have to pay our share of taxes. But that doesnt mean you have to give it all away to the taxman. Just be sure to claim for every single allowance available and for every single tax deductible item which is applicable.

Youll find that your tax bill will be a lot less than you thought. And more importantly youll be able to sleep at night. The best advice is to get the best advice. Better still if you can get an inside view of how the governments HMRC organization works and stay ahead of the game eh? If only

Bill Knight

New Tax ChangesTax Free Exchange

Solving Your IRS Tax Problems-New Tax Exchange

As a tax payer, you sometimes wonder whether you have paid the just amount of tax. If you are aware of your due taxes, then you can easily determine whether you are filing the right amount or you are being unconsciously charged with as much as you should not be. There are products and services that you pay for that are also taxed, so you need to be conscious and wary about these things especially on the New Tax Exchange.

Filing your taxes as an individual may be or may not be a tedious process, which depends on your knowledge as a tax payer. So you should know the rights that you are entitled as a tax payer. There might be products and services out there that may have had charged you with taxes that you are not certainly aware of.

The Internal Revenue Service can provide you assistance with your tax information as well as all about filing your taxes, what are the income brackets of taxes, what are the exempted products and services for taxes or what we call tax free products and services, and a whole lot more vital information about taxes.

Should you need further information about your tax and tax filing, there are also web based forums and web sites that can certainly help you. Because there are just those times that the IRS and their letters haunt you and knocks you down. You thought you are paying your dues very well, but there seem to be a lot more complications than you thought.

Now there are professionals who can help you get out from those disturbing circumstances; help you figure out what needs to be figured out and then provide resolution to the problem. They one of the best people to consult about these tax pains. So you can stop worrying and talk about your IRS tax problems, for they surely have the solution to that!

Travel Insurance For Corporate Trip

Travel insurance for a corporate trip is a wise choice. There are certain discounts one can avail of with travel insurance policies offered by different insurance companies. But you need to find out which insurance policy fulfills your requirement.

While applying for corporate travel insurance, you should be aware of the reliability of your policy. Nowadays, the corporate travel insurance policy is one of the most economical ways to be safeguarded and secured while on a business trip. Corporate travel insurance is preferred in the business world as well as small and introductory business organizations.

What does a Corporate Travel Insurance policy offer?

Security & Safety
Extensive corporate travel insurance will provide security and safety in unexpected emergency medical evacuation. Travel insurance providers offer entitlement for evacuation to the home country and everything is insured under a single time premium payment. There is no need of monthly or yearly payment when purchasing the corporate travel insurance policy.

Repatriation and Funeral Services
A corporate travel insurance policy will offer repatriation of remains. If in case the traveler dies on foreign land, the insurance policy will cover funeral service costs or the costs required to repatriating the remains back to home country.

Dental expenses
A corporate travel insurance policy will also cover unexpected emergency with regards to dental expenses so you can conveniently combat the circumstance without paying out of your pocket.

Medical Facility
A corporate travel insurance policy will also offer medical service benefit in case of hospitalization caused by health issues or any accidental injuries. Confer with your insurance provider on the details of the hospital cash coverage and deals offered. Almost all travel insurance providers will not provide the travelers with the reparations and unfortunate occurrences caused as the consequence of Civil or Foreign War, Terrorism, Personal Inflicted Injuries, Suicide, Non adherence to medical advice, influence of liquor, narcotics or drugs, AIDS or HIV, Nervous and Mental Problems, hazardous sports like parachuting, hang gliding, bungee jumping etc.

Offer Fresh Passport making charges
The corporate travel insurance policy will also offer the claim for the overhead costs charged for making a new passport. The insurance policy for this type of coverage is a flexible one and you need to confirm with your insurance provider.

Compensation Offer for delay in flight
Corporate travel insurance plan also offers compensation under the holiday insurance policy for business trip, if the flight is delayed for more than 12 hours.

A corporate tour is amusing and exciting, as much as it’s about the responsibility of making business deals. With a sensible and comprehensive corporate travel insurance policy, you will find additional protection insurance coverage while on a business tour.

Insurance Claim Investigation

The increase in the number of players in the Insurance sector has lead to spiralling growth of the Industry. More people are now aware of Health, Medical, General and Life Insurance plans and are keenly opting for various types of risk cover. As the customer base increases for these players so do the number of Insurance claims being filed with these companies. In a country such as India where there are few verifiable facts about a customer, this creates a large number of fraudulent risk claims. Onicra works closely with the Insurance companies to establish validity of these claims and mitigate risk.

What exactly is Insurance Claims Investigation?
Individuals and business enterprises buy insurance policies to safeguard themselves against monetary losses. In case there is a loss, the insurance policy holders submit claims, or request for payment to seek compensation for their loss.

Insurance investigators thus work for life and general insurance companies, for whom they handle claims contending unfortunate cases of bodily injury, deaths or third party claims. Their main job is to investigate the claims, negotiate settlements, and authorize payments to claimants. It is they who must assess and verify whether the customer’s insurance policy covers the loss and how much of the loss should be paid to the claimant.

About Insurance Claims Investigation Services

Life and General Insurance claim processing.

Authentication of medical reports (Life and General Insurance).

Conducting checks and balances before extending insurance.

Onicra is leading and pioneering the way that Insurance claim investigation is conducted.

Compnay insurance investigators possess decades of experience and have established a proven reputation in the industry for exposing fraudulent applications and claims, Our clients include companies such as Reliance Insurance, Bajaj Allianz etc. Our well-trained staff examines the various causes of the accident, death, property loss, vehicle damage or third party damage and reports the claims to the client as valid or in-valid based upon a comprehensive set of guidelines using our revolutionary PDA technology. This decision analysis tool aids us in identifying insurance claims as genuine or fraudulent.

With our team of seasoned industry specialists and our highly trained workforce, we have set new benchmarks in the Industry using this system.In addition our widely spread network across the country gives us the leverage to cover almost any geographic location. In states such as Rajasthan, Uttar Pradesh, Madhya Pradesh and the Eastern Belt, which are vast in terms of reach and spread, our network is extremely robust.

Benefits of outsourcing Insurance Claims Investigation to Onicra

High strike rate in identifying fraudulent insurance claims

Fast track PDA technology facilitates live transfer of case

Real Time Case tracking and management solution

Reduces claim handling costs and other operations costs

Help mitigate risk, reduce settlements and identify fraud claims

Fraudulent Iphone Insurance Claims Rise During New Iphone Model Launch

iPhone Insurance companies are fighting back against those customers who claimed that they had lost their new iPhone. Unfortunately, some iPhone insurance companies did not provide full protection in the event that their iPhone is lost. That is why when an iPhone user finds themselves in the situation where they had misplaced their iPhone, most of them take the decision to claim that their iPhone had been stolen. This is because they can make a claim on their iPhone insurance policy. Informing your insurance company that your iPhone had been stolen could be a real thorn for them.
Unfortunately, this may not be the case anymore. iPhone insurance companies are now doing their best in trying to seek out customers whom they believe that are making a false claim by stating that their iPhone has been stolen. Many iPhone insurance companies nowadays have more intelligent strategies to check if their customers have claimed an item has been stolen. They hire trained advisers to ask claimants certain questions about the alleged theft. Also how and when it took place. These trained advisers are trained to notice the same occurring patterns that are very common amongst false insurance claims.
But unfortunately, there are many iPhone users seem to be unaware that making a false claim will lead to a criminal conviction. That must be a real wake up call for those people who had a habit of making false claims that their iPhones, laptops were stolen. They would certainly have a criminal record and these might affect their future like when they have plans in applying for a job.

This is not just for iPhone insurance but it is also applicable for home insurance products, laptops and those things that have insurance. Insurance companies or providers are now turning to a zero tolerance with this type of offence. IPhone insurance companies require now a Police incident number before they can start processing your iPhone insurance claim. And in order for you to get a Police incident number, you have to make sure that you will have to report your iPhone as stolen to the Police and then make a statement to that effect. The Police now are also involved with insurance fraud of this nature. In this case, you are not just making your own criminal conviction for insurance fraud, but also this scenario could even get you into jail. This is all because your company did not cover you for the loss of your iPhone.

What is tax relief

Tax reduction is really a tax break or achievable write-offs granted to persons and businesses. Simply put, it’s a decrease in the mandatory duty volume or credited payments. State, local or national relief can be done.

Also companies may enjoy the economical fails. Multi-million or billionaire businesses, however, are not its common targets.

When you yourself have a small business it could be wise to talk to an IRS tax attorney who specializes on tax aid. Solicitors who concentrate on such practice can research your situation and give advice on the feasible split that you just can get.

What are possible motives for filing?

There are various reasons why individuals could need or desire tax-relief. Some individuals may be unable to settle all taxes charged owing to losing a job. Individuals who suddenly experience gaining a lesser money may also desire a tax break as he or she mightn’t afford to pay whole tax fees as a result of current financial hardship.

That is likewise accessible if a individual becomes a disaster victim. Other folks who lost their home, possessions and firms owing to normal problem may also be eligible. In cases of natural calamities, however, the US president should first declare that the locations are struck before an individual can file.

Older people, incapable, working class person and pupil might also file. You can test contacting a government workplace in your area to uncover what type of tax-relief will employ in your case.

The provision can be offered to homeowners. The US has a few duty split plans made available for individuals who own homes. The key aim is to decrease the owner’s levy requirement for both state and federal levels.

Must I be filing this alone, Imagine if I’m a person?

Seeking the help of a tax-relief attorney can help you if you’re suffering through a hardship, a natural calamity or you lost work. Going through unemployment or instantly finding your self without a property could be particularly dismaying. During these times, the final issue you could want to go through is your tax papers.

Whether you are selecting an IRS tax lawyer or a tax reduction lawyer for your business or personal needs, keep in mind that examining the person’s skilled history matters many.

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