Are you running the risk of an uninsured business? Beware get a “Business insurance”

Written by Mansi gupta


Continued from page 1
Initially there were one or two insurance companies like Oriental Insurance…but now there are ample of agencies like TATA AIG, Chola Mandalum etc., which gives an entrepreneur an opportunity to be selective. Many companies nowadays provide certain complementary benefits once you get your work ensured by them. The preferable can berepparttar one that offers you a slightly less premium, good and spontaneous returns or benefits and additional facilities. However,repparttar 143330 premium rates and returns etc. do not vary significantly from company to company.

Even if it is small scale business (a cottage industry or so) one should not hesitate in getting it insured. For business insurance can save you from many unwanted and unexpected hazards for instance theft, robbery, any accident-breaking of fire, problems that come with time-the malfunctioning of an old machine, and any damage to life and property. Nowadays all sorts of businesses even those which are operated online can be safeguarded through insurance. All it takes is to inquire a little aboutrepparttar 143331 companies that can take up your work’s insurance and with open eyes decide what is essentially to be insured and so secured. “Be sure that you and your business is insured.”

Mansi Gupta writes about Small business insurance topics.


What is a Self-Certification Mortgage?

Written by John Mussi


Continued from page 1

When applying for a self-certification mortgage you will be required to state your expected annual earnings. The mortgage will be offered onrepparttar basis of your likely income rather than you having to provide any documentary evidence.

Self-certification mortgages used to require a higher deposit of up to 25%, but now some lenders can offer up to 90% loan to value. Self-Certification mortgage lenders will usually lend up to three and a half times declared income or two and three quarter times joint income. However, with a deposit of 25% or more a Self-Certification mortgage can usually offer up to five times your declared earnings.

Self-Certification mortgages carry a higher rate than standard mortgages because statistics show most businesses fail withinrepparttar 143329 first two years of trading. So if you were to be left with heavy debt there is a possibility you could lose your home. However, some self-certification mortgages are better than others, and, if cash flow is a problem, it's worth checking out those that offer payment holidays andrepparttar 143330 facility to pay more when you can.

Fortunately there are a number of competitive self-certification mortgage products available, depending on your circumstances and individual requirements. Self-Certification mortgages are now supported by an ever increasing number of mortgage lenders, including mainstream as well as specialist lenders. Interest rates charged are now far more attractive.

Self-Certification mortgages have become increasingly popular in recent years. However, you should always remember that you will be asked your income onrepparttar 143331 application. Just because you are in a self certification situation, you should only put down your actual income. To do anything else would not only be fraud, but could also mean that you are unable to afford your mortgage repayments, especially if mortgage rates rise inrepparttar 143332 future.

You may freely reprint this article providedrepparttar 143333 author's biography remains intact:

John Mussi is the founder of Direct Online Loans who help UK homeowners find the best available loans via the www.directonlineloans.co.uk website.


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