Social Business and Real Estate

The situation can happen anywhere: you leave your car, if only a few minutes and your back, she disappeared. In Canada, a vehicle is stolen on average every three minutes. Moreover, Statistics Canada said that in 2005, theft of personal belongings inside a vehicle is ranked third among property crimes against the most common. Despite all the precautions taken by owners of cars, including the installation of safety devices increasingly complex vehicle theft continues to occupy the top of the list of crimes committed in the country. Although the rate of robberies and burglaries of vehicles is high, people do not realize that personal effects are at their car are not covered by their auto insurance.

Here’s why it is important that the personal belongings that are in your car are protected by property insurance.

* Whether your car is stolen or broken into, it is unlikely that found it contained personal belongings.
o When a stolen car is found, the personal effects on board are usually long gone.
* Your car insurance protects you if your car is stolen or damaged, but does not cover material it contains. Consider what you might lose: Read the rest of this entry »

The insurance industry has asked the government to realize its plan to use data prepared by the Central Management Board of the National Insurance Data (BPPDAN). BPPDAN data application can reduce the loss ratio reinsurance companies.
BPPDAN is an institution that manages the statistics of fire insurance. This body was established by the Decree of the Indonesian Insurance Council is now called the Federation of Indonesian Insurance Associations (FAPI).
The main function of this institution is to collect various statistical information. BPPDAN published data contains detailed information on the industry received a total coverage for every type of building, the claims ratio, until the development of the claim under the underwriting year.

Currently, the property insurance premium rates are considered not reflect a fair price. If the tariff calculation reflects a reasonable cost, large tariff could rise three times more than current rates. The applicable rate for the current building average of about 1.5 per mil. Actually, added Kocu, General Insurance Association of Indonesia (AAUI) once made a reference rate of the property in 2001 and 2002. However, these reference prices are also not utilized. Read the rest of this entry »

Many home owners to insure on their Lives are still pooh-pooh his property. Property Insurance Can not be trusted fully benefit. In fact, Standard and Poor ‘external risks floods, landslides, as well as the recent cyclone continues to lurk building our property. So, do not delay Until the disaster Came Because the property will from Also need protection like you do on other precious objects, like cars or Motorcycles.

Protection against the property. That’s Nowhere the role of property insurance. Not merely Provide physical protection, of course, but Also an intangible or financial. Some of the advantages of being a property insurance clients include:

- You as the customer will from the receive financial compensation if the insured object directly exposed to the risks listed in the schedule of property insurance policy.

- You Will Get That forced insurance costs incurred post-disaster insureds, Standard and Poor ‘the cost of cleaning the rubble of damaged buildings or the cost of an architect or surveyor to renovate or rebuild homes after disasters insureds (in the property insurance). Read the rest of this entry »

Vehicle insurance policy sales and housing (property) to protect against floods at the beginning of this rainy season to grow 20%. Growth rate was considered not too significant, as insurers began to limit the application property and motor vehicle insurance in flood-prone areas to reduce losses.
“The growth reached 20% annually. That is the ordinary thing every year, “said Director of PT Asuransi Treasure Aman Pratama (AHAP) Tbk Lim Eng Tjiang told Investor Daily on Wednesday (5 / 10). Currently, the portion of property insurance in AHAP reach 20-25%. To avoid losses, management AHAP keep doing fairly rigorous selection process to request an entry application. The Company will not accept insurance in areas prone to flooding.
Marketing Director of PT Asuransi Bina Dana Artha (ABDA) Candra Gunawan added that reinsurance companies would not cover insurance claims for flood-prone areas. “Demand for applications to the area we were forced to reject,” he stated. Meanwhile, President Director of PT Asuransi Bintang Tbk Zafar D. Idham admitted, his party is committed to reducing the portion of property insurance since April 2008. “We do not want to bear the losses from floods are too many,” he explained.

By Zafar, lack of accurate statistical data Regarding the location of flood prone Until now to make more insurance companies choose to reduce housing insurance application. As a result, third quarter 2008 premium income eroded Until 21:12% to USD 57.5 billion, lower than the Same period last comparison, Rp 72.9 billion in 2007. Read the rest of this entry »

You should do when buying a home using a mortgage loan mortgage alias. Well, that did not reach the difficulty many times when disaster strikes in the middle of the road, you must pay mortgage insurance fees at the earliest. Thus, in the middle of the road if you die, the ideal occupancy remains family owned. That’s because insurers will pay off the rest of your loan at the bank. Well, insurance will protect us from disasters like what? Also, how large should nan premiums paid to insurance companies? Answering these questions, let us see the explanation below.

1. Broadly speaking, there are some nan insurance forms required by the banks to mortgage borrowers. That among other life insurance and general insurance / fire. As we have mentioned in early writings, with life insurance, failed to pay due to the risk of death during the period of repayment, will be covered by insurance companies. Large value of the insurance company paid in accordance with the total remaining installments. As for life insurance / house fires to protect the debtor from severe accidents such as fires. If the house is on fire, the insurance company undoubtedly menggerojokkan redevelopment costs. Similarly, if the house was defective because of severe natural disasters such as floods.

2. What is the value of premiums paid by the debtor must nan mortgages to insurance companies? Here, in brief, it can be said that these values range from 1% to 2% of the credit ceiling. For instance, when a person get a loan amounting to Rp80 million to Rp100 million worth of homes, he disemati insurance costs amounting to Rp800.000 to Rp1, 6 million (1% to 2% of the credit limit). A number of insurance companies that had weighed in determining the value of life insurance premiums. Among others, the age of debtors; increasingly older age borrower, the greater the value premium. Another thing that is the credit period; increasingly long term, the greater the value premium. Read the rest of this entry »

Holcim, and ZII offer protection to houses built through the program Solution house. The protection provided covers a range of damage caused by such natural disasters, fires, explosions, and so forth. Even if there is a third party whose home has experienced damage, such as neighbors, will also be given protection for USD 25 million.

“Property insurance our partnership with Holcim is provided free of charge in the first year. In subsequent years, the premiums charged to be relatively cheap,” said President and CEO of Zurich Indonesia, Sancoyo its building.

For homes with a value of USD 50 million building, he pointed out, will be charged a premium of USD 75 000 each year. ZII dare to give this as cheap premiums, Sancoyo said, because the Holcim dare to guarantee that the materials and construction processes are carried out, for the houses on the Home Solution program, have a good quality.  Read the rest of this entry »

What is Insurance where insurance is a system of financial loss by channeling lower the risk of losing the person or entity to another. Agency risk that channel called “the insured”, and the agency receiving the risk is called “the insurer”. The agreement between the two entities is referred to the policy: this is a legal contract that explains each of the terms and conditions protected. Costs paid by “tetanggung” to “insurer” for the risks borne called “premium”. This is usually determined by the “insurer” for funds that can be claimed in future, administrative costs, and profits.

Insurance Act No.2 of 1992 on business insurance is an agreement between two or more parties, by which the parties committed themselves to the insurer to the insured, by accepting the insurance premium, to provide reimbursement to the insured for loss, damage or loss of profits or expected legal responsibility to a third party which may be suffered by the insured, arising out of an uncertain event, or provide a repayment that is based on a person dies or lives insured. Read the rest of this entry »

Current conditions indicate that household confidence in the economy and earnings on future increases, as shown in the Consumer Confidence Index (IKK) DRI. DRI IKK grow faster 3.9 percent, up from a level of 82.9 (February 2009) to level 86.8 (March 2010).

When consumer confidence over the economy increases (including on national and local economic prospects, employment opportunities and revenue streams), the potential of business sectors to move forward will be higher. This condition triggers the increasing demand for commercial property to land new business. At that time, expectations of profitability and liquidity of the new commercial property development is also increasing and, ultimately, commercial property values fueled. Read the rest of this entry »

Commercial property loans secured right at your disposal to help you buy property you want for your business. Commercial property secured loan is a flexible way to get the property you are looking for long term commercial investment. It helps entrepreneurs to build new buildings, buying an existing property, and more. Before applying for loans secured by commercial property, it is important for businesses to choose the right property. A property other than vacant land, single family dwelling, a duplex or triplex which is a five-unit apartment building and is equipped with a commercial complex is considered as commercial property. A property consisting of one apartment unit in front of a store is considered as a single mix properties and can be used for commercial purposes.

Commercial property secured loan is usually secured on the property that you buy with the loan. Other things such as equipment, plants, etc. can also be placed as collateral. If the borrower fails to pay the loan, the lender has the authority to confiscate property. secured commercial property loans can be used to purchase a different property for commercial use. Shopping centers may be, motels, truck stops, office buildings, retail shopping centers, warehouses etc. property choice depends entirely on the requirements of employers.

Borrowers can avail finance ranging up to $ 250,000,00. This amount differs from the lender for a loan. The repayment period is usually from 25 years to enable borrowers to pay off easily. Interest rates and monthly installments are usually arranged by type of property, plant location and the minimum and maximum loan amount. Financial status and repayment capacity of the entrepreneur is also considered. bad credit history can cause you to no longer a problem. Commercial property secured loan can provide you with sufficient funds to purchase the property for your business development. Knowledge of credit score can help you get a loan at a favorable rate. Read the rest of this entry »

Property that is developed by using the concept of Green’s mostly just focused on the development of green parks in the area of the property. The truth is the concept of “Green Property” itself is the application of the concept of eco-friendly properties as well as sustainable pattern for the future. This environmentally sustainable over the actual stress in the concept of “Green Property”.

Term In Green Concept Implementation

In the application of the concept of “Green Property” there are actually some things that need to be taken to ensure that the property is manifested in the concept of “Green Property”, among others:

● Property that is developed must follow the policies and government regulations regarding property development. Some rules include: No. 23 Year 2007 regarding the terms of the Management, Environment, and Law No. 26/2007 on the Setup Room and several other regulations.

● Property that is developed must have a waste management system or waste so that it can create a Zero Waste of property that is developed products. Read the rest of this entry »