Asuransi Syariah adalah usaha saling melindungi, saling menanggung dan tolong menolong diantara para Peserta melalui pembentukan kumpulan dana tabarru’ yang dikelola dan diinvestasikan untuk menghadapi risiko tertentu melalui akad yang sesuai dengan syariah.
Akad adalah pertalian ijab (penawaran) dengan qabul (persetujuan) terhadap suatu obyek menurut cara-cara yang sesuai dengan syariah.
Wakalah bil ujrah adalah akad pemberian kuasa dari Peserta kepada Perusahaan Asuransi (Pengelola) untuk mengelola dana Peserta dan/atau melakukan kegiatan lain dengan imbalan pemberian ujrah (fee).
Kontribusi adalah iuran yang dibayarkan oleh Peserta kepada Pengelola yang sebagian darinya untuk dikelola sebagai dana tabarru’ dan sebagian lainnya sebagai ujrah untuk Pengelola sesuai dengan akad.
Dana Tabarru’ adalah dana yang dihibahkan oleh Peserta kepada Kumpulan Peserta asuransi syariah dan pengelolaannya diamanahkan kepada Pengelola dimana dana tersebut akan digunakan untuk menolong setiap Peserta yang mengalami musibah yang dijamin dalam Polis ini.
Surplus / Defisit Dana Tabarru’ adalah kelebihan / kekurangan dana tabarru’ yang terkumpul dalam periode tertentu setelah dikurangi klaim, kontribusi re-takaful dan cadangan-cadangan sesuai dengan prinsip syariah dan peraturan yang berlaku.
Al-Qardh Al-Hasan adalah suatu pinjaman murni dari dana milik Pengelola kepada dana tabarru’ dalam hal dana tabarru’ tidak mencukupi untuk membayar klaim yang terjadi dengan ketentuan bahwa pengembalian atas pinjaman tersebut dilakukan hanya atas pokok pinjaman ditambah biaya administrasi yang wajar (jika ada) setelah dana tabarru’ memiliki surplus pada periode-periode berikutnya.
Cadangan Teknis adalah sejumlah dana yang dialokasikan untuk keperluan klaim yang telah disetujui namun belum dibayarkan (hutang klaim), dan atau klaim yang telah terjadi namun belum dilaporkan oleh Peserta, serta perhitungan kontribusi yang belum terpakai masa asuransinya.
Pengelola (Operator) adalah sebagai pengganti Penanggung atau Perusahaan Asuransi
Peserta (Participant) adalah sebagai pengganti Tertanggung
Kontribusi (Contribution) adalah sebagai pengganti Premi

Dengan ini dinyatakan dan disepakati bahwa pertanggungan ini menjadi batal secara otomatis sejak awal periode pertanggungan apabila harta benda dan/atau kepentingan yang dipertanggungkan dalam asuransi syariah ini digunakan untuk kegiatan dan atau mengangkut barang-barang yang haram, termasuk tapi tidak terbatas pada:

a. Transaksi yang mengandung unsur Maysir (perjudian/gambling)
b. Mengandung unsur Maksiat seperti pornografi dan pornoaksi dan sejenisnya.
c. Komoditi non halal (haram) seperti NAZA, babi, anjing, minuman beralkohol dan
produk turunannya
d. Transaksi Gharar (fiktif)
e. Transaksi yang mengandung unsur Zulum (penganiayaan/eksploitasi)
f. Transaksi yang mengandung unsur Riba (bunga/interest)
g. Transaksi yang mengandung unsur Riswah (suap, sogok)

Actuarial (aktuaria)
Fungsi pada suatu perusahaan asuransi yang menerapkan prinsip-prinsip matematika pada asuransi, termasuk mengkalkulasi/memperhitungkan daftar harga premi serta memastikan kesehatan perusahaan dari segi keuangan.

Annuity (anuitas)
Anuitas memberikan suatu penghasilan tahunan tetap seumur hidup. Biasanya, sejumlah tunai uang diinvestasikan agar di kemudian hari dapat menghasilkan dana untuk memperoleh penghasilan tetap seumur hidup tersebut.

Assignment (pengalihan hak)
Pengalihan sebagian atau keseluruhan hak untuk menerima penghasilan yang diperoleh dari suatu polis asuransi dari seseorang atau kesatuan, kepada orang atau kesatuan yang lain.

Automatic Premium Loan/Non-Forfeiture Loan (pinjaman premi otomatis/pinjaman tanpa penebusan)
Apabila premi tidak dibayarkan pada jangka waktu masa tenggang dan polis memiliki nilai tunai yang mencukupi, ada suatu ketentuan yang menetapkan agar jumlah premi yang bersangkutan dibayar di muka secara otomatis. Adapun jumlah pinjaman premi yang masih terhutang dapat dikenakan bunga.

Cash Value/Surrrender Value (nilai tunai/nilai tebusan)
Jumlah uang yang akan diterima oleh pemegang polis apabila ia menuangkan polis asuransi jiwanya yang memiliki manfaat nilai tabungan.

Endowment Plan (program pemberian bantuan)
Jenis program asuransi ini memadukan baik manfaat proteksi maupun tabungan. Program asuransi ini membayarkan manfaat sejumlah tunai uang kepada pihak tertanggung apabila polis jatuh tempo. Program juga membayarkan jumlah tersebut pada saat tertanggung meninggal dunia, atau bilamana dapat diterapkan, saat tertanggung mengalami cacat yang menyeluruh dan bersifat permanen, dan apabila hal tersebut terjadi pada masa berlakunya polis.

Grace Period (masa tenggang)
Jangka waktu setelah berakhirnya masa jatuh tanggal pembayaran premi di mana pembayaran premi masih bisa dilakukan tanpa dikenakan bunga. Selama jangka waktu ini, polis masih dianggap berlaku.

Investment-linked Plan (program asuransi yang dikaitkan dengan investasi)
Premi-premi yang dibayarkan digunakan baik untuk membeli manfaat proteksi asuransi jiwa maupun unit-unit dalam suatu portofolio dana investasi. Harga unit-unit akan tergantung pada kinerja investasi dana.

Maturity Date (tanggal jatuh tempo)
Tanggal yang telah disetujui pada saat mana suatu perusahaan asuransi membayarkan sejumlah tunai uang.

Non-participating policy (polis yang tidak mengikutsertakan)
Suatu polis asuransi di mana pemegang polis tidak diikutsertakan dalam keuntungan perusahaan.

Paid-up Value (nilai pembayaran di muka)
Ketentuan ini memberi hak kepada pemegang polis untuk menghentikan pembayaran premi-premi di kemudian hari setelah polis memperoleh nilai tunai. Polis tetap berlaku sesuai dengan jumlah uang pertanggungan yang telah berkurang nilainya.

Participating Policy (polis yang mengikutsertakan)
Suatu polis asuransi di mana pemegang polis diikutsertakan dalam keuntungan perusahaan.

Policy Lapse (polis lewat waktu)
Penghentian penanggungan asuransi sebagai akibat dari tidak dibayarnya premi-premi.

Policy Loan (pinjaman polis)
Seorang pemegang polis yang membutuhkan uang tunai untuk jangka waktu sementara dapat mengajukan permohonan untuk memperoleh pinjaman polis terhadap nilai pertanggungan dari polis tersebut. Pengenaan bunga mulai dihitung pada tanggal berlakunya pinjaman polis.

Premium (premi)
Jumlah yang harus dibayarkan untuk memperoleh pertanggungan asuransi yang diinginkan.

Regular Premium Policy (polis premi reguler)
Suatu polis yang menghendaki pembayaran premi secara berkala, sebagai contoh, bulanan, setiap empat bulan, setiap enam bulan atau tahunan.

Reinstatement (pemberlakuan kembali)
Proses di mana seorang asuradur memberlakukan kembali suatu polis yang telah lewat waktu yang diakibatkan karena tidak dibayarnya premi-premi pembaruan.

Rider (manfaat tambahan)
Rider merupakan manfaat tambahan yang dapat disertakan pada suatu program asuransi dasar, seperti program asuransi jiwa menyeluruh (whole life plan) atau program pemberian bantuan (endowment). Manfaat ini dirancang untuk memberikan tambahan proteksi keuangan dengan biaya yang lebih murah.

Single Premium Policy (polis dengan premi sekali bayar)
Suatu polis yang hanya menghendaki sekali pembayaran premi yang dilakukan di muka.

Sum Assured (jumlah yang tertanggung)
Jumlah uang jaminan yang dipertanggungkan kepada pemegang polis.

Term Plan (program berjangka terbatas)
Jenis program asuransi semacam ini menawarkan proteksi/perlindungan asuransi jiwa untuk jangka waktu yang terbatas. Jumlah uang pertanggungan hanya dapat dibayarkan apabila tertanggung meninggal dunia, atau di mana dapat diterapkan, mengalami cacat yang bersifat menyeluruh dan permanen pada masa berlakunya program tersebut..

Underwriting (penjaminan)
Proses penaksiran/penilaian dan penggolongan derajad risiko yang terkait pada calon tertaggung, serta pembuatan keputusan untuk menerima atau menolak risiko tersebut.

Whole Life Plan (program asuransi jiwa menyeluruh)
Jenis program asuransi jiwa ini menawarkan proteksi/perlindungan seumur hidup terhadap kematian atau, apabila dapat diterapkan, cacat yang bersifat menyeluruh dan permanen, kepada tertanggung.

When you are opting to buy car insurance over the internet, you will be able to save a lot of time and money in doing so. There are some measures you need to take before you click your mouse.

Companies that offer car insurance over the internet are a lot more conventional for those who are always on the go. People who do not have time even for themselves can just log in to their laptop and search for car insurance right at the comfort of their home. Unlike the traditional way where people are getting hassled by the constant phone calls at their home. When you try looking for car cover online you will find it very easy and very convenient on your part.

In small towns people tend to flock over insurance agents assigned to that area. This has been the traditional way of things when you are in a smaller town or smaller city. Since there is minimal or no competition you are forced to get the auto insurance they offer, even if it is downright expensive or has the coverage you do not need.

When you choose to shop for auto insurance online you have a wide variety of choices and the competition is tough. This is a major advantage on your part. Every insurance company wants you. You should know that. This is why auto insurance companies will immediately give you their best price and offer you discounts for that matter.

When you shop and buy car insurance online, things are very much simplified. All you need to do is to fill out some details and submit it to the insurance agent. You can sign up for an application and you can have your quote in no time.

You can also request to have your information sent to you via email. This way you can compare a lot of price quotes from different companies. Most people just print out the quotes or compare them on their screen. Most insurance comparison sites will show you a screen with the level of cover and the price so you can do an instant comparison and get the cheapest cover for your car from the comfort of your own home.

Because of that fact car insurance rates for teenagers will be higher than the rates their parents are currently paying. If you want to pay the lowest possible premiums for your teenage driver, here are some helpful tips to get those lower rates. Teach and preach these to you student driver.

Driver Education Training

It is very important that your student driver enroll in a good, certified driver training course before they take their state driver exam and apply for auto insurance. These courses are worth their weight in gold in terms of what they will accomplish in teaching a new driver how to drive safely and learn the laws for your state. Not only that, most insurance companies will charge you less to insure a new driver who has completed a certified training program.

Add Them To Your Current Policy

Rather than setting up a separate insurance policy for your teenage driver, add them to your current policy. You will almost always save money by doing so. You can get some of the same discounts you are getting. If you have a good record as a safe and accident free driver, your teenager will be able to start out with the lowest possible rates for their age because of your good driving record. If they have their own car this can create another “multiple vehicle” discount that you could not get if they have their own separate policy.

Do Good In School

All of the major auto insurance companies provide lower rates for students that get better than a “B” average on their school work. Make it worth you kid’s while to get good grades. Enhance their driving privileges for doing well in school. Get creative about offering them perks for getting good grades. They get something out of it and so do you. Statistics prove that kids with higher grades in school are also better and safer drivers overall.

Make Sure They Learn And Obey The Law

Nothing goes further in helping keep insurance rates low than a clean driving record. A good driving record is only possible when a teenager knows and understands state driving laws. It is your responsibility as a parent to make sure that your young drivers are aware of the traffic laws in your state and that they understand the long term impact of breaking or obeying those laws. It starts with your example as a driver. Make sure that you obey the laws and have safe driving habits so that your teenage drivers have a good example to start with.

Make sure they understand that good, legal driving habits are important not just to keep them from getting a ticket and eventually paying more for insurance, but also for the safety of other drivers on the road with them. Teach them to respect the law and respect other drivers as well. They need to understand that driving a motor vehicle is not a right, it is a privilege and it should be treated as such.

Types

Understanding your coverage is just as important as having the protection itself. Why buy a car without a test drive and look under the hood first, right!

Auto insurance is actually a combination of individual coverage’s packaged as one; each equally important however once combined it represents a standard car insurance policy. While every underwriter markets their policies differently with unique features and special offers, a standard auto insurance policy will include a whole host of neat benefits!

Why is this type of Insurance important?

1) In some states, it is against the law to operate a vehicle without insurance. Punishment can equal either a fine or possible imprisonment in certain situations

2) Protects the investment made in your vehicle

3) Provides financial protection in the event you are held liable for an accident. It is common for medical expenses to cost well over $100,000 in some cases.

4) Most importantly, its protection against what is uncertain including non-collision events like theft or natural disasters

Not true. The government can’t set auto insurance rates, though state governments CAN set the maximum rate insurers can charge. More important factors are geography, credit score, marital status and, of course, your accident record.

Myth #4: “Red cars have higher rates, black cars have lower ones.”

Totally bogus. The color of your automobile has no effect on insurance rates. Attributes that do affect insurance rates are your car’s year, make, body type, model and engine size. In the case of motorcycles, having an engine size of 1000cc typically results in higher insurance premiums.

Myth #3: “If my friend has an accident in my car, his insurance company will cover the damages.”

Wrong. The rule is pretty simple: Your car, your problem! Your friend’s policy could act as excess insurance if the damages are over your policy’s limits, but you are primarily responsible. The accident will also go on your insurance record and your insurance premium might go up.

Myth #2: “No-fault insurance = not my fault!”

Nope. All “no-fault insurance” means is that your insurance company pays for your injury-related bills no matter who’s at fault.

Myth #1: “I just paid my insurance premium, so my new car I just bought is covered.”

True, but only to a point. You have to notify your agent of the new car purchase within a certain time period, otherwise you’re not covered. This grace period varies by company, but is typically around 7 days.

The most tedious way to shop is going to visit local agents, giving them all of your personal information, and then moving to the next place. In this day and age, there is no longer a need to do it this way. Fortunately, many websites offer a way to compare all the companies in one place. Once you input what is required and what you feel is necessary beyond that, you will get the “going rates” from several different companies in an easy to follow, side-by-side format.

There are also several things that can lower the rates without losing coverage. Many companies offer discounts on everything from anti-theft devices to bill pay method. It is important to choose all applicable discounts to get the absolute best rates possible, and these sites make it very easy for you to determine which discounts you qualify for.

Another way to lower rates is by raising deductibles. This simply means that you pay less for your policy, but will have to pay more in the event of a claim. I recommend putting “just in case” money aside, but it’s yours to keep if you never need it.

If you utilize a comparison quote site, know what coverage is required and what is optional, and add all possible discounts, you will find the best deal for you and your family in no time. The great thing about doing it this way is that everything you need is right there. If you still feel like calling around, keep your previous rates handy and this will guarantee you get the best price around.

Insuring young drivers can be costly. Because teens lack valuable driving experience, insurance companies charge more to cover them, as a general rule. This is why it is important, and possible, to find lower cost car insurance for young drivers.

There are different types of coverage to choose from. A good starting place for choosing these is to know what is required by your state and possibly by the car’s lender. Let’s take a look at some of these different types of coverage.

Collision coverage, although not required by many states, is helpful in some situations. Collision covers the costs associated with repairing a vehicle after an accident, regardless of fault. This coverage also handles repairs when a vehicle has collided with any other objects such as a mailbox, animal, etc. These repairs range drastically depending on the situation, of course, and are sometimes better to pay for out of pocket. This coverage does not, however, pay for the hit object if it is someone’s property.

Collision, like other types of coverage, involves a deductible. This is the amount you pay out of pocket for the insurance to take over. You can lower your rates tremendously by raising your deductible. Just be aware that this is more money out of pocket should the need arise to use it.

Other factors to consider with young drivers are that many insurance companies offer an array of discounts for many factors including good grades, drivers’ education courses, safety features installed on the vehicle, and more. Be sure to get quotes that include all applicable discounts.

Finally, I recommend using comparison shopping sites online. This is a great way to find comparable coverage prices from a variety of companies. You just enter what you need from your insurance, and find the best deal. Many sites even offer discounts if you choose to receive your bill via email or pay in advance instead of monthly installments.

The cheapest offer isn’t necessarily any different in quality from the other guys, but I would recommend browsing customer feedback on various companies before making a decision. You want to save money, but you also want a company that will be friendly and efficient should you ever need to make a claim.

You need to find balance between price and service. You want a reputable company that is known for assisting their customers in a timely fashion should the worst occur and you need to make a claim. The most popular company via marketing may not be the best known amongst other drivers. Be sure to check real customer feedback before you buy anything. The Internet makes this task much easier than it used to be.

Comparison websites also come in handy for the task at hand. You can select your vehicle along with approximate driving history and other critical factors that insurance companies use to underwrite insurance, and find the “going rates” from a variety of companies from one, non-biased place. I definitely recommend pulling up these prices before calling your local agents. A vast amount of companies also offer additional discounts for everything from good grades through anti-theft devices installed in the vehicle. Make sure you are given a quote with all applicable discounts included.

As I have mentioned in other articles before, consider raising your deductible if you are on a budget. This is a great way to lower your monthly premium, especially if you have an older vehicle that you may not want fixed in the event of an accident. Other factors to consider include the value of the car. Never insure more than your car is worth. An older car may not require collision coverage if it is already paid off.

Finding the best deal will take some time and research, but educating yourself on important aspects such as your state’s required minimal coverage will help lead the way to finding the policy that fits your needs and budget at the same time.

A fleet insurance policy is taken when you have more than 3 to over 100 vehicles for both private to commercial use with cover under a single policy, rather than getting each vehicle insured under different individual policies. It is a specialised product that covers multiple vehicles whether they are owned by a company or an individual or family whom have the required number of vehicles. There are a host of providers who are authorised by the Financial Services Authority to offer a complete and competitive range of insurance products to ensure that you can plan for the future with confidence.

Many families have been pleasantly surprised to discover that they can avail of this with as little as three cars. In these challenging times this approach to insuring the family cars or vans reduces stress by offering a solution which saves money, has less boring paperwork to do and on top of that can be surprisingly flexible. So it is no wonder that family motor fleet insurance specialists are enjoying more business than ever.

Choosing the right fleet insurance policy is essential, to save on your expenses and hence making a big difference to your costs. No two families are the same and each one requires a different cover and hence there are a wide variety of cover options. There are also insurance providers who cater to small businesses to relieve their time and cost pressure thus providing a tailor made policy to suit the customers’ needs.

Once you find specialist brokers you can be assured of the best motor fleet insurance for your family with interest-free monthly instalments and a 24-hour claims helpline. They are specialists in the field and are highly trained individuals who can guide you and discuss the benefits of each policy with you to make you choose the right product for your needs. You can get a quote for vans, business cars, private cars, commercial vehicles, skip lorries, coaches/minibuses, agricultural vehicles and much more.

There are various professional intermediaries who provide these tailor made solutions for a range of requirements and ensure that both insurers and clients benefit from their services. They also provide goods in transit and office/warehouse insurances. You can benefit by making savings on your premium as well as eliminating some of the paperwork.

You may also find that you can make improvements in your existing policy in terms of quality of cover and long term protection. Some of these intermediaries have excellent relationships with prestigious insurance companies and hence are in a good position to provide you with the best motor fleet insurance.

Jackie de Burca loves living in the information age and sharing useful information with others. This is her top tips for family fleet insurance which shows how many families could save money by having a motor fleet insurance as opposed to separate policies.