Mechanical breakdown insurance - why you don't need it

Mechanical breakdown insurance (MBI) can insulate consumers against big-ticket car repair costs. This is not an extended warranty or anything of the sort. Instead, this is a typically inexpensive form of insurance that is subject to the same regulatory controls as other insurance products. These policies don't cover defects or issues that arise from standard maintenance issues, but they can be a financial lifeline if catastrophe strikes. Consumers tend to pay reasonable premiums (anywhere from $75 and up) and have deductibles ranging from $50 to $500 or more, depending on the details of the plan and the age of the automobile.

Spotlight

TL Dallas & Co Ltd

Established in 1919 by an enterprising Scotsman, Thomas Lessels Dallas OBE , TL Dallas has a long and distinguished heritage, providing unparalleled insurance and risk solutions to commercial and private clients...

Other Infographics
news image

Digital transformation beyond financial management with CFO 3.0

Infographic | February 11, 2020

the past decade, technology has transformed virtually every aspect of business. As businesses become increasingly complex, it's now more important for organizations to analyze data, not just historically but in real-time. That's what CFO 3.0 is all about. A new era where emerging technologies and real-time data help leaders to predict the future and plan for different scenarios.

Read More
news image

How To Create A Monthly Budget- Budget Planning

Infographic | January 23, 2020

Do you know where your money is going each month? Do you know where it went yesterday? It is really important to keep track of your expenses. It is useful to make a budget for your future planning. Tracking your spending helps you to identify the expenses and you can control it. If you know the reason for expanding your money, where you spend you can utilize your money in a good way.

Read More
news image

Financial Service Providers: Changing the Workforce of the Future

Infographic | March 9, 2022

25% of leading companies are taking the steps towards reshaping the futuristic workforce.

Read More
news image

3 Reasons Tokenization Can be an Intelligent Move for Investors Today

Infographic | March 9, 2022

Three ways tokenization will assist investors in making wise investment decisions: Reduced Extrinsic Value, Follows Safety Measures Rather Than Encryption and PCI Complaint Security Measure.

Read More
news image

Unscrambling the U.S. Auto Debt Explosion

Infographic | December 16, 2019

Owning a car should make life much easier. But while automobiles have become a modern necessity, for others, it’s a costly amenity. This infographic, courtesy of CarPaymentCalculator.net, shows how automotive debt has grown rapidly due to rising vehicle prices, longer loan terms and consumers increasingly opting to trade in vehicles with negative equity.

Read More
news image

GAINING A SPECIALTY BANKING EDGE IN SMALL BUSINESS BANKING

Infographic | December 24, 2019

Small Business owners across the United States are asking for relationship-based services that local banks and credit unions already provide. By layering on digital innovation and tools, community based financial institutions are ready to compete in an often-overlooked segment.

Read More

Spotlight

TL Dallas & Co Ltd

Established in 1919 by an enterprising Scotsman, Thomas Lessels Dallas OBE , TL Dallas has a long and distinguished heritage, providing unparalleled insurance and risk solutions to commercial and private clients...

Events