Archive for January, 2012
I use the Permanent Health Insurance website to see if I’m paying too much.
I have worked in the same company as my partner for a number of years. In fact we have both worked there for longer. However we only started dating after a number of years and yes, I should have made a move earlier but I didn’t. Nor did she, so we are equally to blame for not starting the rest of our lives earlier. Still, as they say, you can’t change the past so I’m not going to beat myself up too much; suffice to say, I wish I had. Society would describe me as a professional, like my partner and we live a pretty comfortable life with a number of holidays and have savings to fall back upon should the need arise.
Financially I have always tried to keep a tight ship and regularly review my spending, keeping abreast of any new savings policies that have been released, trying to utilise my tax free allowance that the chancellor allows in the budget. I have spoken to both my parents and my partner’s parents about possible inheritance tax liabilities and the best ways of mitigating any potential liabilities there are, given the increased likelihood of their deaths before ours. However, where I feel I do make most of an impact on things is to keep an eye on where we have arrangements for our regular outgoings. Clearly our major outgoing is our joint mortgage and fortunately we have a tracker mortgage which has allowed us to enjoy relatively low monthly payments for some years now. I also keep an eye on the comparison websites such as Permanent Health Insurance to check on the cost of gas and electricity providers and telephone and broadband providers.
Car Warranties and Consequential Damage
It is so frustrating to take a vehicle in after having purposely purchased a car warranty only to be told the claim cannot be honoured due to something termed as consequential damage. This is a ridiculous clause, well hidden in the small print and something Warrantywise doesn’t believe you should need to contend with. Of course, the average car owner may not fully comprehend what consequential damage is, it isn’t explained in the small print, so they happily go about their business purchasing a car warranty.
To understand how unfair this exclusion is, understand that consequential damage simply means that a part (electrical or mechanical) breaks down as the result of another part having gone bad. For example, a hose busts leading from the radiator to the motor which in turn causes the car to overheat. In worst case scenario, the motor could also go. Many car warranties will refuse to pay for repairs to the motor because it was the hose that burst which caused the ultimate and greater problem, engine failure. Warrantywise has no such exclusion because they simply cover all parts mechanical or electrical. There is no list to refer to.
Also, as mentioned, there are no consequential damage exclusions written into their warranty plans so there is no need to worry in this respect. If you are looking for a warranty company that words their warranties and warranty clauses and exclusions in plain and simple terms, Warrantywise is the company you are looking for. Consequential damage is a ridiculous clause and one written into many plans simply to allow those companies to deny claims. You would be surprised just how many failures are secondary to some other fault and this is one of the biggest ways warranty companies deny claims. Aren’t you glad you chose Warrantywise?