The Nuts and Bolts of Car Insurance

The Nuts and Bolts of Car Insurance

Contributor: Danny Newman, Ronen Goldman & Avner Goldfus

According to Israeli law, a car owner is obligated to have at least the basic level of car insurance in order to legally drive the car. This legal requirement is known in Hebrew as Teudat Chova or Bituach Chova.

Explaining the new Home & Contents insurance premium Simulator

Explaining the new Home & Contents insurance premium Simulator

By Ronen Goldman, Director of Marketing & Customer Relations, Goldfus Insurance

In recent weeks, the Ministry of Finance released a new home and contents insurance premium simulator, known as מחשבון ביטוח דירה. Their recent radio advertisement campaign suggests that the process to receive a quote for home and contents insurance is time consuming and complicated,

Don’t get stuck in the deep end: Understanding swimming pool insurance

Don’t get stuck in the deep end: Understanding swimming pool insurance

By Danny Newman, Branch Manager – Beit Shemesh, Goldfus Insurance

With the start of summer vacation, many families will be flocking to the beaches, water parks and public swimming pools. Some people will not need to venture far to escape the heat as they step into their own pool (be it a permanent one or one of the many temporary ones available) in the comfort and privacy of their own garden.

Understanding the benefits of an appraisal report

Understanding the benefits of an appraisal report

By Ronen Goldman, Director of Marketing & Customer Relations, Goldfus Insurance

 

As the years pass, our belongings change according to our life situation. As families grow, so does the amount of things we own, or inherit from relatives. However, while our possessions are very dear to us we often do not know their true value.

7 Useful Tips for Olim Chadashim

7 Useful Tips for Olim Chadashim

By Danny Newman, Branch Manager – Beit Shemesh, Goldfus Insurance

 

As an Oleh Chadash who has experienced establishing a new life and home in Israel, here are seven insurance-based tips for Olim Chadashim that you may find helpful:

  1. Make sure you can drive on your foreign license in Israel before getting behind the wheel

An Oleh Chadash has three years to convert their foreign license to an Israeli one BUT can only drive on the foreign license for the first year from the date of making Aliyah.

Mortgage Life Insurance – Why it shouldn’t be a rushed decision

Mortgage Life Insurance – Why it shouldn’t be a rushed decision

By Danny Newman, Branch Manager – Beit Shemesh, Goldfus Insurance

What is mortgage life insurance?

Mortgage life insurance covers an individual for the sum of the loan in the event of death, with the main and legal beneficiary being the mortgage bank that the money was borrowed from.

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