#InsureWisely

Showing posts with label #InsureWisely. Show all posts
Showing posts with label #InsureWisely. Show all posts

Thursday, 12 December 2019

Insure yourself wisely: natural catastrophes




Insurance Europe has today published an infographic on steps people can take to limit their losses from natural catastrophes. While meteorological events such as storms, floods or drought are often unpredictable and outside of our control, things can be done to reduce the likelihood of loss.
Be prepared
Prevention is the best protection, so familiarise yourself with the possible risks in your area and what to do when an emergency arises.
Choose the right policy for you
Having an appropriate insurance policy will help you to cover potential damages as a result of a natural catastrophe.
Know your coverage
Be sure to read and understand the terms and conditions of your insurance policy, including what is covered and what possible exclusions there might be.
Making a claim
If you do suffer a loss as a result of a natural catastrophe, contact your insurer immediately for help and advice.
Insurers can provide expertise
Insurers not only provide insurance cover but can also help you to prepare and protect yourself against a natural catastrophe.
The infographic is part of Insurance Europe’s #InsureWisely campaign, which aims to increase financial literacy and awareness levels across Europe.
Financial education plays a vital role in ensuring that European citizens are equipped with the knowledge, confidence and skills necessary to improve their understanding of financial products and concepts. Insurance Europe also encourages EU policymakers and regulators to play a greater role in supporting this objective.

Monday, 12 March 2018

#InsureWisely Quiz: how much do you know about insurance?



To make people aware about the importance of financial education and their own financial knowledge, Insurance Europe has launched the #InsureWisely quiz
Recent surveys by the Organisation for Economic Co-operation and Development (OECD) have demonstrated the low financial literacy level of many Europeans.
Financial education therefore has a vital role to play in ensuring that European citizens are equipped with the knowledge, confidence and skills necessary to improve their understanding of financial products and concepts.
It is a core life skill that needs to be developed and nurtured as early as possible to encourage responsible financial behaviour and to give people the necessary confidence to take charge of their financial future.
Insurance Europe, therefore, supports Global Money Week, the annual global financial awareness campaign for children and young people, which is taking place this week.
So, how much do you know about insurance concepts and products? Take the quiz here.