No matter what type of insurance you have, it is not free. A company provides insurance coverage. They take on the risk of the insured’s assets. You become an insured when you purchase insurance. The contract between you and the insurer is called the insurance policy. The premium you pay when you “buy” insurance is determined by […]
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London will be the fastest-growing city in 2025. If so, how will it impact the many products and services that are available to the market like income protection insurance. The debate continues about the importance and relevance for London workers to have income protection and protection insurance. The media is constantly bombarded with news stories about […]
The insurance industry is the primary underwriters of the global economic system. Climate concerns and other environmental issues are particularly important. This was evident last year, when representatives from insurance companies and reinsurers from around the globe traveled to Cancun for COP-16. It included a side session that focused on climate adaptation, risk management, product innovation, […]
In 1688, Lloyd’s Insurance Market was founded in a coffee shop owned by Edward Lloyd. This coffee house was a haunt for those involved in maritime trade. Lloyd’s only dealt in marine insurance for many years. However, Lloyd’s began to grow a substantial non-marine business, especially business from overseas. This market is now one of the most […]
Online Insurance Comparison: Today’s internet is the largest source of information. Information has become almost commodityized. The only thing that is important is to know what information to look for. Internet has played a major role in creating a more efficient market place by removing information asymmetry. Insurance is an area where the internet’s power can be used […]
It is now possible to purchase Mexican insurance online, thanks to the widespread use of the internet. Consider this: Would you rather wait in the heat and fill out a lot of paperwork than to be able to get to the front of a long line? You should know that Mexican auto insurance is required to […]
Insurance Misconception People, particularly older generations, subconsciously link ‘Insurance” to ‘Savings. This misconception could be caused by the way tied agents solicit their business. Agents sell whole-life plans as savings plans. While this is not to say that whole life plans cannot be used for savings, it does illustrate the misinterpretation of ‘Insurance with Savings’. A contributing factor […]
Avoid falling for the trap of believing you are sufficiently insured just because you get the lowest insurance quote. Instead of settling for the cheapest option, finding comprehensive insurance coverage from a reliable and trusted insurer should be your motivation. A huge financial loss from being underinsured or inadequately insured can be devastating in an uncertain economy. You […]
Are you looking for commercial, car, house, health, life, or commercial insurance? It is possible that you will pay too much for the wrong coverage or get the wrong terminology if you don’t know what the terms mean. This guide will help you understand the terminology of insurance to ensure you get exactly what you need. General […]
When it comes to winter weather, New York and Florida seem like polar opposites. Despite being polar opposites in terms of winter weather, the two states are forming a massive cold front to find, buy and sell affordable insurance ahead of a blizzard of Congressional reforms. Under the supervision of Governor Eliot Spitzer, one of the […]