http://jamaica-gleaner.com/article/news/20200925/how-solid-your-property-insurance There is nothing like a natural disaster to test the worth, substance and reach of your property insurance. The perfect coverage for an orange means nothing is in it for you, if you are an apple. There is no such thing as ordinary business and as such you should never settle for ordinary insurance […]
http://jamaica-gleaner.com/article/news/20200918/third-party-insurance-it-worth-it There is an old insurance advertisement which says – ‘…between what’s good for you and what’s right for the insurance company is US (your broker)’. Is 3rd party insurance really worth it? – in most cases, absolutely NO! In the old days it was hard work to find the best policy for your vehicle; […]
Business Interruption Insurance [BI] – Are you covered? Marathon Help Desk Feature As an astute and responsible CEO, you have developed and implemented the perfect plans to ensure uninterrupted efficiency and success for your business. Unfortunately however, sometimes the world has other plans that could stymie your best efforts. How do you protect against losses […]
Marathon Help Desk – Directors And Officers – Get Insured Marathon Help Desk | Directors & Officers Liability – Get Insured It goes without saying that when your main asset is your people; your main risk will most likely come from people as well. In recent years, this reality has become one of the trickiest […]
You have plans for uninterrupted efficiency and success. But sometimes the world has other plans. How do you protect against losses should there be a temporary shutdown of your business? Many businesses rely on the use of Information and Communication Technology (ICT) systems to carry out their day to day activities. With an increase in […]
For thousands of small businesses across the globe, the onset of the novel Coronavirus spells serious trouble. It has threatened their very foundation, eroded early gains and in many cases shut down operations completely. For small business owners who risked personal assets to venture into their projects, the times are worrying. Insurance coverage for small […]
Q: I am struggling financially and must do everything this year to save. I have been trying to cut the cost to insure my car. While every company claims to save you money on car insurance, I find this does not really happen in the long run. Can you advise me on how to save […]
With an increasing number of countries encouraging citizens to stay, learn or work from home, the time is right to focus on cyber security and Cyber Security Insurance. A Cyber Insurance policy covers the liability and costs incurred in the handling of a cyber-attack or breach, restoration costs for lost data resulting from a Cyber breach or any form […]
Q: I started a new policy with Marathon on March 23, 2020, which I am financing for 6 months. I have since been laid off and don’t know how I will make my next month’s payment. What are my options at this time? A: Thank you for contacting us. We are aware that the pandemic […]
Q: I was informed of your COVID-19 Helping Hand Program and would like to find out what are the benefits? I am a nurse and my husband is a teacher. A: Through our COVID-19 Helping Hand Program, now extended to August 6, 2020, we have introduced two new motor schemes to help to relieve some […]
Q: While one tries to be truthful when completing your motor insurance proposal form, what if I inadvertently omitted to mention an accident I had years ago? A: If this situation occurs, it is important that you immediately contact your Insurer/Broker and advise them of the accident; a Claims Experience Letter will then be requested. […]
Q: Can I transfer my No Claim Discount to a more expensive car I recently purchased? A: Yes you are able to transfer your No Claim Discount (NCD) to another vehicle or you could explore the possibility of sharing your NCD between the two vehicles. Please discuss your options with your insurance broker or insurance […]
Q: Is my insurance still in force when someone else drives my car? A: Many people are of the common misconception that when a friend or family member is driving their car the coverage is impacted. They think that the insurance coverage applies to the driver behind the steering wheel. However, this is not the […]
Q: I installed a new music system in my car. Is it automatically covered by my insurance policy? A: Not necessarily. Accessories, which were not fitted by the original manufacturer, are not automatically covered. It is therefore your responsibility to declare add-on accessories to your insurer – which generally will not cost you additional premium. […]
Q: I wish to modify my car to boost its performance. Will it affect my premium? A: If you decide to modify your car to make it more powerful or faster, we need to know. Unfortunately, such modifications increase the risks associated with operating your car and consequently your insurance premium will most likely increase. […]
Q: Does my insurance policy carry a grace period after my renewal date has passed? A: The short answer is NO. The Law prohibits insurers from granting you a grace period. Most insurance coverage expires on the date stated on your Certificate of Insurance. Therefore, if the day after the expiration of your cover is […]
Why waste money on car insurance when our online platform, www.mibinsure.com, can help you save up to 60% or more on your motor insurance. #MIBinsure #NoWorriesBIGSAVINGS
Q: I would like to put a Lien on a Motor Vehicle that I have put up for sale. The prospective purchaser has asked to pay in installments, but wants the car to be insured in his name. I have agreed to do this on the condition that the arrangement remains professional; hence my desire […]
Q: My policy is due for renewal soon, but I have been working from home on account of the pandemic. I rarely, if ever, use my vehicle as I don’t go out socially or to church and my son does all my shopping. Since I am not on the road on a regular basis, is […]
Q: The first car I purchased was insured through Marathon. Your service has been exemplary. Now that I have acquired a second vehicle, I would like to insure it with Marathon as well. Is it possible to add my new car to the existing policy? A: Thank you for choosing Marathon, serving you best is […]
Q: I was in the process of getting a quote on MIBinsure.com; however I am at a stumbling block as it relates to the No Claim Discount (NCD). My mother has been driving for over 30 years and has never had an accident or claim. Can I use her No Claim Discount on my new […]
Q: I logged on to MIBinsure.com as I was looking for the cheapest quotation possible for coverage for my car. I am very happy with the competitive rate options I was given. Unfortunately though, I am not able to afford the full premium at once, especially now, because I need to be frugal in light […]
Q: I just purchased my first car and I am really excited about having it insured! I have already selected my quote from the best choices MIBinsure.com offered. I must congratulate Marathon for this marvelous initiative. It was easy and convenient and the costs for the policy options for my vehicle were much lower than […]
Q: With Coronavirus all around, I am now working from home and for the most part, I am self quarantined. I would like to keep up-to-date with the monthly installments for my car insurance without breaking my quarantine. Is there a way to pay online? A: Of course, there is a facility to make your […]
Q: I purchased my policy online and received a seven-day cover note. Please explain the process I need to follow after my cover note expires? A: Thank you for utilizing our website, MIBinsure.com. We are delighted that you were able to generate your Cover Note and ready to go. The Cover Note provides temporary coverage […]
Q: Do I have to file a police report after an accident? A: The answer is YES! Whilst it is unfortunate, accidents will happen and there are certain steps you have to take in order to file for a claim. If you plan on seeking compensation, you will most likely need to file a police […]
Dear Shannon, In regards to my query last week – being a Jamaican currently living in the USA and wanted to find out how the insurance process works, thank you for the information. I have gone on the site (www.mibinsure.com) and tried it. It’s actually very good and I will be using it as I get […]
Q: I am a Jamaican currently living in the USA. I will return to Jamaica in July and I am interested in understanding the insurance landscape in Jamaica. I will purchase a midsized car likely a Rav4 or something like that. What would be the considerations, need to know etc for someone new to the […]
Q: I don’t have the highest budget but I would like to insure my vehicle in order to be in good standing. I have been told that Comprehensive insurance is the best option even though it is more costly, but I’d like to start off with something cheaper until I am able to afford the […]
Q: Thanks for your very informative column. I must tell you that every year when the time to renew my car insurance is coming around, I literally get sick. I dread the thought of forking out thousands of dollars to pay for coverage in one go and even though there are quarterly payment options, it […]
Q: I am very much interested in purchasing a newer model vehicle but I haven’t given much thought about insurance. A lot of persons are advising me that my premium will be very high but this will be my first car and I would very much like to purchase something which suits my taste. Is […]
Using A Broker Service To Purchase Insurance Q: I have never considered using a broker service to purchase car insurance before, but I am seriously thinking about it. Can you please tell me what are the major benefits of using a broker, and what guarantee do I have that my claims will be processed without […]
Business Interruption Insurance also called Consequential Loss or Loss of Profits Insurance provides cover for financial losses to your business, resulting from material damage to property caused by a catastrophe such as a hurricane or earthquake. Apart from physical damage, the insured will most likely suffer loss of income and increased operating costs. A lot of businesses […]
Q: My new boyfriend has been driving my car and he is not a named driver. I have been reluctant to put him on my insurance because the relationship is still pretty new. I need an open policy that allows him to drive, which will not hike my insurance cost and not force me to name […]
Q: What is a no-claim discount and how can I access this benefit? A: A no-claim discount is one that you earn after having an insurance policy established in your name and not in an accident during insurance coverage period. It makes good sense for you to avoid accidents at all costs, not only for […]
We, at Marathon Insurance Brokers (MIB), have remained committed to excellent insurance brokerage service over the past 25 years, updating and modernising our systems and services so that we offer the best coverage options to our clients and customers at all times. We are happy to announce that MIB has taken giant steps to simplify […]
You may ask yourself, when should I insure my property? The answer is IMMEDIATELY! Your business or home are two of the biggest and perhaps the most costly investments you’ll ever make in your lifetime, and as a home or business owner, it seems financially irresponsible to not purchase property insurance. Then there’s…Why should I […]
Our MIBinsure team took to the streets of the sunshine city of Portmore along Portmore Parkway (Portmore Mall) on Tuesday, December 17, 2019, to promote the newly launched online platform, mibinsure.com. The platform allows for choice, price and convenience for the consumer. Not to mention that you’ll be able to save up to 60% or […]
Attending their first official event for the 3-month long campaign for MIBinsure, Auto Pub’s Christmas Sales Event on Saturday, December 7, 2019, held on location at 7 Braemar Avenue, our team did an interview with Kool 97 FM. Interviewed were Communications Officer, Shannon Samuda and Producer, Llamond DeCambre.
Marathon took to the streets of Kingston along the intersection of Trafalgar and Hope Road on Thursday, December 5, 2019, to promote the newly launched online platform, mibinsure.com. The platform allows for choice, price and convenience for the consumer. Not to mention that you’ll be able to save up to 60% or more on motor […]
An Insurance Broker is a professional who offers, negotiates, and sells policies, acting as the middle man between insurers and customers. One of the roles of brokers is to help consumers to assess the types of risks they face. Risks include natural hazards such as bad weather, hurricanes, tornadoes, fires, and floods. At the same […]
Hi reader! We thought the information presented in this blog posted by https://www.littlehotelier.com/ would be helpful for whether you own a hotel or thinking about it. It might be difficult to find the right insurance broker for your hotel business, but it pays off in the end. It’s always better to spend some time searching […]
Ok, stay with me here. Are you treating your employees right? All employers need to ask themselves this question. If there is a shadow of a doubt, then you need to ensure your business is covered. Fidelity Guarantee Insurance protects employers from financial losses that are a result of employees who embezzle, commit forgery, fraud […]
Manufacturer, distributor, retailer, or restaurant owner? If yes, then you need Product Liability Insurance. Businesses are like individuals; you try your best to avoid leaving yourself opened to the elements of life – then why leave your business at risk? Product Liability Insurance is like health insurance for a company – It helps cover the […]
Many businesses today, are keeping up with the vast changes in technology. As a business owner you want to advance your company and its operations through the use of technology, social media and transactions over the internet. This also plays a key role in how most organizations conduct business and reach out to prospective customers. […]
Marathon Insurance Brokers is one of the largest brokers in Jamaica with over twenty five (25) years experience. We represent a wide range of Property, Casualty & Employee Benefit Insurances. We know the business of insurance and we know how to meet the needs of our customers. Marathon is committed to assisting you in “securing […]
One of our innate purposes as human beings is to protect what matters most, to us. It’s subconsciously engraved and even guides us in identifying our priorities. Contrary to popular belief, home insurance, unlike car insurance, is not a requirement by law. You can legally own a home, without homeowners insurance. The thought, however, of […]
If you’re a lover of the open ocean and sailing to wherever your heart desires then lucky for you, the Yacht and Pleasure Craft Insurance Policy offered by Marathon Insurance Brokers could be the ideal coverage you’ve been searching the seas for! We offer a Yacht and Pleasure Crafts Policy that’s as modern as today’s […]
Companies like yours operate in a rapidly changing world. It is no longer business as usual. Is your company’s insurance designed to match yesterday’s world? Yesterday that would have been enough, today, your organization is being targeted and taken down by Hackers; business interruption, data loss/destruction, computer fraud, cyber extortion. This is where Marathon comes […]
Are you a victim? We cover loss sustained as a result of any act of forgery or embezzlement, larceny or fraudulent conversion by an employee.
You have plans for uninterrupted efficiency and success. But sometimes Mother Nature has other plans. How do you protect against losses should there be a temporary shutdown of your business? Marathon, through our local and international insurance and reinsurance partners, will source the appropriate Business Interruption Insurance to protect you against shutdowns resulting from property damage. It’s not […]
Legal liability for accidental death or bodily injury by Third parties including damage to their property caused by negligent acts arising from business operation- includes litigation costs and expenses.
This policy will pay on behalf of any professional against any claim from liability arising from a negligent act committed solely from the provision of their professional services.
The Yacht and Pleasure craft cover is a modern insurance policy, which has been developed on the basis of the financial needs of today’s sailing enthusiast. Coverage protects you and your vessel along with the gear, equipment and machinery against loss or damage caused by a wide range of perils. It also includes, sighting expenses, […]
This covers loss of or damage to hand tools and hand held portable power tools belonging to you and your employees. Please note that not all insurers offer cover for employees’ tools although the majority do. Associated Coverage: 1. Tender Bond This bond is used where a buyer or developer is obtaining tenders for a contractor […]
We cover your energy needs! Business and Homeowners! Get full protection for your solar panels and other renewable energy equipment. We are equipped to provide you with expert advice and exclusive products with very competitive premiums. Coverage includes: Hurricane, Earthquake, Fire, Burglary, Accidental Damage and Mechanical Breakdown.
We’ve got your money covered! -Loss of money while in transit, in safe or on premises as well as due to the dishonesty of employees.
There is nothing like a natural disaster to test just what your property insurance is made of. You’ve heard many stories of rude awakenings, with policies not covering as much as one thought it would. The last thing you would want, should your business suffer the misfortune of a loss, is a delay in getting […]
Product liability protects you against claims of personal injury or property damage caused by products sold or supplied through your business. It is designed to help protect your business from Liabilities associated with: – Wrongful death. – Food borne illnesses. – Product injury lawsuits. – Injuries suffered by bystanders. – Illnesses from toxins in products. […]
Increasingly, Employee Benefits is becoming a key magnet to attract the “cream of the crop” and to keep the best talents you have. Unfortunately, it is also one of the fastest rising costs to businesses. The largest line item [Health Insurance] on your employee benefits budget is also typically the hardest to maintain due to […]
Don’t assume any one company is the cheapest. Some companies spend a lot of money on advertisement, trying to convince you that they offer the lowest car insurance rates. You’ve likely heard them all. The truth is that prices people pay for the same coverage, vary widely and no single company can claim to be […]
Computer All Risks Policies are designed to help you stay in business. Computer equipment and software are valuable business assets that are usually crucial to your business’ operation and success. This is why you should insure them against risks such as burglary, theft and negligence from employees or third parties. This policy covers all risks […]
