EPOS

Posted by admin | Uncategorized | Monday 8 June 2009 8:36 am

EPOS systems are mainly used by businesses that have large numbers of
regular sales, e.g. retail stores, hotels, bars and wholesalers. For
maximum efficiency and lower margins, companies need to keep the
minimum amount of stock, but also ensure products can always be
available and delivered to the customer quickly. EPOS (Electronic
Point of Sale) helps you to process your most popular products from
warehouse to point of sale in the shortest time.

Epos

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Life and Critical Illness Insurance Without Advice

Posted by admin | Uncategorized | Sunday 10 May 2009 3:08 pm

A number of the larger insurers have recently launched online life and Critical Illness sites whereby customers can complete a full application without taking advice. Bright Grey have been the most recent company to announce their site.
Roger Edwards, proposition director at Bright Grey, said: “We need to recognize that a certain segment of the population is using the internet to buy protection without professional advice. This group chooses the Internet-only approach to buy and would not look to buy in any other way. Until now there hasn’t been a product that offers life or critical illness cover specifically tailored to this group of people, where they can complete the whole process online.
Roger is quite correct. There are people who just want to do the whole process online without actually speaking to anyone or taking advice but at what cost? The main reason the insurance companies have launched these sites is due to the popularity of price comparison sites. It is true to say that life assurance has always been a rate driven product. There is only one reason it will ever payout so the cheapest premium is usually the best product to go for. You could argue that customer service comes into the equation, which might mean that someone chooses a slightly higher premium based on an outstanding customer service record. However, most people applying over the internet would not know which provider had the best customer service or the quickest claims settlement history.
Critical illness, on the other hand, is not a rate driven product as far as professional advisers are concerned. The differences in cover between two providers can be vast even though they might both offer the same premium. Also, customer service and claims settlement history do come into the equation for an adviser when recommending a policy.
Critical illness cover has improved over the years and life assurance companies now payout more than ever thanks to an understanding of the product from advisers which is then passed on to policy holders. The Association of British Insurers (ABI) has published a standard definitions guide which clearly describes what is required to make a successful claim. Making critical illness a rate driven product with no advice could potentially damage the good work that has been done. There could be more cases of insurers not paying out due to non-disclosure at the point of application. This would only damage the reputation of the product and make future sales harder.
From an advisers point of view I would say that critical illness insurance is something that should be advised. If you are intending on paying premiums for insurance the least you should do is know what you are paying for regardless of what the premium is.

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How to Better Finance Your Money

Posted by admin | Uncategorized | Friday 17 October 2008 12:52 pm

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Your Finances And Your Credit

Posted by admin | Uncategorized | Friday 17 October 2008 12:51 pm

You want to keep your finances in line so that you can keep your credit high. If you max out your credit cards or have loans that you can not pay off, you are hurting your credit worse than what you know. After hurting your credit like this, it can be hard to get it back up to where it needs to be. In the world of finances, your credit is your lifeline. You have to keep it looking good, otherwise, your word means nothing to big businesses. Keep that in mind the next time you charge something to a credit card that you do not have the money to pay for.

 

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Finance - What You Must Know

Posted by admin | Uncategorized | Thursday 16 October 2008 1:56 am

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