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Narrowboat Insurance
Owning and sailing in a narrow boat can be one of the most rewarding and relaxing ways of spending your time. The leisurely pace of life in a narrow boat can be truly calming, and can do wonders of your state of mind by letting all your cares wash away as you glide majestically through the water. How ever, a narrow boat is a big investment, and because of this you need to ensure you have the very best Narrowboat Insurance possible for your beloved vessel. You need Narrowboat Insurance that is specifically tailored to your needs, and covers every thing you want it to cover. When buying or renewing your Narrowboat Insurance why not get in touch with one of the very best insurers of all types of sailing vessels in the business. This insurance company will liaise with you very closely whilst choosing your policy to ensure you get he right one for your needs, and that you are fully aware of what is covered ? or not ? before you buy. So for peace of mind get in touch with the experts before you sail.

Are you under insured?

A recent NRMA survey found that while most people thought they had adequate insurance, only about 20% of people actually had enough to cover all of their possessions. Two in five renters had no contents insurance at all, and one in four people did not have their cars adequately insured.

Only about 20% of Australians have life insurance, and even when they do, they are often insured for much less than is really needed. On average, full-time workers in their mid-thirties with young children need insurance cover to provide for at least 10 times their taxable earnings. Recent research for IFSA found that only 4% of this group have this level of cover. The research estimated that about 60% of those with dependent children do not have enough cover to look after their loved ones for more than a year if they were to die. Only about one in fifteen Australians have income protection insurance, and again, are generally insured for much less than required.

One of the reasons for this chronic under-insurance appears to be consumers lack of confidence in insurance and financial advice, and lack of understanding of insurance products. We don?t read our policy renewal forms thoroughly, and we don?t report new large purchases to our insurer. Also, we tend to think that these things will ?never happen to us?. While it?s clear too, that affording premiums is an issue for many people, it?s a cost that needs to be weighed against the consequences of not having insurance.

For more information on insurance options or to get a no-obligation quote, go to www.insuranceonline.net.au

Tiffany Boys. Tiffany lives and works in Sydney, Australia. http://www.insuranceonline.net.au

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