Claims | Penny Solvers

Why the claims against SIPP operators are on high rise? When considering the retirement plans, sophisticated investors often wish to have full control over their pensions. When the traditional pension plans do not perform according to the expectations of the investors, they are advised to invest in SIPP, often opposed to their financial interests. SIPP have become increasingly popular as it provides the investors a good opportunity to save for their retirement. The financial advisors often recommend the customers to shift their funds from existing pension schemes to SIPP. The investors view this as a good option to grow their pension pots and maximize returns. How are SIPP Mis sold? The reason for introducing SIPP was to fill the gap where the investors were interested in getting full control over their investments. SIPP are suitable for experienced investors who are willing to take more risks. But there have been enormous cases, where people were made to believe falsely that the investment would outperform...

How to avoid denial of car insurance claims A few car insurance claims are sometimes denied. The reasons may vary like accident types, circumstances and delay in claim and medical treatments etc. To avoid a claim denial, you need to go through the list of reasons given below that are responsible for a claim denial. MEDICAL TREATMENT DELAY There should not be delay in medical treatment after an accident, injuries has to be treated as soon as possible. This might aggravate your healing and also claims. When treated on time, medical records are the proof needed to claim your compensation. When there is delay in your treatment, lots of things can be alleged against you that might lead to the denial of your claim, like injury not gotten from the accident, it was not a very bad accident, medical result doesn’t show any injury or pains, or preexisting condition. AVOIDABLE ACCIDENT OR NOT REPORTING ON TIME Failure to report on time might lead to claim...