Fraud - would you credit it?

Written by Richard Green


Findings from a recent study by APACS show thatrepparttar amount of overseas fraud exploiting UK debit and credit cards has hit a five-year low. However with ID fraud as one ofrepparttar 143337 UK's fastest-growing crimes, this should not be a cause for credit card protection complacency. The figures show credit card fraud overseas £92.5m in 2004, which isrepparttar 143338 lowest figure since 1999, and following a £138.4m peak in 2001. This downward trend was largely attributed to improved fraud detection systems which enable card companies to spot unusual spending patterns associated withrepparttar 143339 fraudulent use of cards, rather thanrepparttar 143340 recent introduction of chip and pin cards. Sandra Quinn of APACS said "Simple things like making sure your cards never leave your sight, and remembering to dispose of receipts carefully, can make allrepparttar 143341 difference." Holidaymakers need to take care when using their plastic abroad, especially inrepparttar 143342 US, France and Spain, which account for nearly half of fraud against UK cards. Foreign fraud on UK cards now accounts for 18% of total UK card fraud, which reached just under £505 million in 2004. APACS advised that holiday makers should: * Keep valuables safe and out of sight, for example in a concealed money belt * When driving, keep handbags and wallets out of sight of opportunistic thieves, especially in slow-moving traffic and always remove cards and valuables from parked cars * When paying be wary of letting your card out of your sight * When you return home, check your statements carefully for any unfamiliar transactions * Inform your bank in advance that you will be using your card abroad * Carefully dispose of any receipts or statements * Don’t tell anyone your PIN, even if they claim to be fromrepparttar 143343 bank or police. * If you have chip and pin cards make sure you memorise your pin numbers * Make sure you haverepparttar 143344 24-hour phone number to cancel your cards in case they are lost or stolen Source: APACS ( http://www.apacs.org.uk/ )

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

Written by Mansi gupta


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

Human life is precarious and so arerepparttar 143330 activities they indulge in. So it is not justrepparttar 143331 human life that needs to be protected butrepparttar 143332 work that he does - his business etc. that needs to be safeguarded. A business is a living not just for its owners but also forrepparttar 143333 workers andrepparttar 143334 ones benefited by it. Business insurance thus is too significant to be understood in today’s life.

What is business insurance? Like life insurance takes care of one’s life, business insurance looks after one’s business. All one needs to do is to select what aspects or parts ofrepparttar 143335 business should be secured. This can be comfortably done after one makes an appropriate assessment of his company’s turnover. Sincerepparttar 143336 insurance companies provide insurance onrepparttar 143337 basis of company’s turnover. According torepparttar 143338 turnover a businessman can decide how much he can afford to spend onrepparttar 143339 insurance of sentient (his partners, workers, he himself, main suppliers etc.) as well asrepparttar 143340 insentient (machines,repparttar 143341 workplace,repparttar 143342 equipment used,repparttar 143343 cash transactions from factory to bank, shipments andrepparttar 143344 like). A case in point can be- a dye machine that is supposed to berepparttar 143345 main machine in a factory and has a high cost price should be insured first. Not just this,repparttar 143346 worker handlingrepparttar 143347 machine should also be insured for if any accident happens with himrepparttar 143348 insurance money will take care of its medical expenses and all. Besides this all heavy machinery, any new machine or plant to be set up,repparttar 143349 place whererepparttar 143350 business is set up, partners in business, workers who work day and night and all other things whose damage or loss can incur financial burden or even crisis can be successfully insured.

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