Archive for the ‘Insurance’ Category

Image Courtesy of Patrícia Almeida on Flickr

WannaCry Cyber Attack: Important information

In what is being called the biggest ransomware attack ever, over 200,000 computers around the world have been affected in the past week by the WannaCry cyber attack. The attack hit over 150 countries, encrypted the data of 200,000 computers and affected organisations such as the NHS, putting lives in danger. This is not the [...]

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Gumball 3000 announce new insurance partnership

PK Partnership has teamed up with Gumball 3000 as the official insurance partner of the organisation. Maximillion Cooper, Founder and CEO of The Gumball 3000 Group said, “Gumball 3000 is pleased to announce our new relationship with PK Partnership. We are excited to work with them on the 2017 ‘Riga to Mykonos’ rally and are [...]

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Image Courtesy of Flickr_Ishan Manjrekar

The ‘convenience difference’ between standard and non-standard personal insurance

A motor insurance client was driving through the countryside on a Sunday evening in Surrey when their Mercedes-Benz was unfortunately struck by a deer that ran out in front of the vehicle. Fortunately the driver nor their passengers were injured but the animal caused significant damage to the car. Mr P rang their specialist high [...]

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Image courtesy of John&Fish, Flickr

Christmas opening hours

Our offices close for Christmas on Friday 23 December and reopen on Tuesday 3rd January. Please refer to your policy documentation or in the unfortunate event of an emergency insurance claim call Amit Patel on 07947 152 018. For urgent wealth management queries please email jonathan@pkpartnership.co.uk Wishing you a Merry Christmas and we look forward [...]

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Understanding income protection gaps: awareness, behaviour and choices

Failure to protect income in the event of disability or illness poses a significant challenge, both in traditional and emerging economies. For families, the impact of illness or disability on income can be devastating. But not only individuals and households suffer. Income protection gaps can also profoundly affect businesses, governments, and the economy as a [...]

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Image Courtesy of Patrícia Almeida on Flickr

Flooding advice for businesses

  Flooding is one of the most common and widespread natural source of damage to properties in the UK. The effect of a flood is devastating and distressing for a business. Flooding can cause serious damage Flooding can not only cause serious damage to property, contents, production and ability to trade, it may also impact [...]

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5 tips to ensure your jewellery is correctly insured during Diwali

Banks are no longer storing jewellery. In the house there are only so many places one can hide jewellery and thieves know the obvious places, typically under the bed and between the floor boards. Gold is highly desirable to criminals due to the speed that it can be exchanged for large sums of cash. Amit [...]

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Insurance Premium Tax increasing to 10%

At the last Budget announcement, former Chancellor of the Exchequer George Osbourne announced a 0.5% increase of Insurance Premium Tax (IPT) paid on premiums which are taxed at the standard rate. The rate therefore increases from 9.5% to 10% effective from 1 October 2016. So what does this mean for you? – All policies with [...]

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Image Courtesy of Flickr_Ishan Manjrekar

Ways to eliminate the pitfalls of standard insurance that can so easily catch out the owners of higher value homes

We would like to bring to your attention ways to eliminate the pitfalls of standard insurance that can so easily catch out the owners of higher value homes. Would you say ‘yes’ to each of these questions? • Would you like a complimentary home appraisal to check that you are insured correctly? • Would you [...]

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What are uninsured working expenses?

  At a glance • Business Interruption policies are based on the turnover of the business and profit is derived from turnover. Turnover consists of uninsured working expenses (UWE), standing charges and the remaining profit amount • The ability to understand UWEs is a central part of establishing the correct gross profit sum insured   [...]

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