Tips to Buying Homeowner Insurance

Wednesday, March 14, 2012 | Filed under insurance, Tips

Shopping for homeowner insurance is one of those nagging home buying details that sometimes manages to slip though the cracks. It’s not unusual for insurance agents to receive last-minute frantic phone calls from title and / or escrow companies requesting a home insurance binder. To save yourself trouble, it’s a good idea to start shopping for a homeowner policy as soon as your purchase offer is accepted. Here are a few tips about buying homeowner insurance that are designed to save you time and money:

14 tips for purchasing life insurance

| Filed under insurance, Tips

Insurance is an important part of financial planning, but understanding insurance and buying the right product can be tricky.

Here are some steps you can take to ensure you get the right product for the right price:

Understand your needs.
No one understands your financial situation better than you. That means you should avoid letting someone else tell you how much protection you need. You can get a rough estimate of your insurance needs by adding together your debt, estimated funeral costs, and six months to a year of income replacement.

Saving Money, Few Premiums Cost

| Filed under insurance, Tips

We know that we do insurance to keep our future. By doing this, we must pay "money" to insurance companies which called Premiums.

Premiums are the monthly cost of keeping your insurance policy in effect. But fortunately, you can control the cost of your insurance premiums.

Insurance companies charge you a premium based on how much risk there is that they’ll have to pay for a claim. By reducing that risk, you can get lower premiums.

Saving money on health insurance is a matter of making good choices.

About Deductible in Insurance

| Filed under insurance

In an insurance policy, the deductible is the amount of expenses that must be paid out of pocket before an insurer will pay any expenses. It is normally quoted as a fixed quantity and is a part of most policies covering losses to the policy holder.

The deductible must be paid by the insured, before the benefits of the policy can apply. Typically, a general rule is: the higher the deductible, the lower the premium, and vice versa. Depending on the policy, the deductible may apply per covered incident, or per year. For policies where incidences are not easy to delimit (for example health insurance), the deductible is typically applied per year.

6 Kind of Insurance

| Filed under insurance

There are endless types of insurance, from policies that protect airplanes to those that cover websites. But I’m going to focus on the six types that are most important for individuals and families:
There is insurance available for almost anything you can imagine. Famous singers have insured their voices. One well-known soccer player insured his right foot. An obscure British company was even issuing policies to protect against abduction by Unidentified Flying Objects.

Most of us, though, just need to insure the basics — our health, our lives, our homes, and our cars.

If you need something above and beyond the basics, it’s out there somewhere. And your insurance agent will be happy to help you find it.

How to choose your Life Insurance

Tuesday, March 13, 2012 | Filed under insurance

We know that the insurance give us a profitable warranty if something happen in the future. But there's still some problem int some people community to choose the life insurrance which is the right one for their need.

Here is some important thing which you must understand before choose your life insurance :

Study your needs as a family.
You must make the decisions as to which are the most important needs now and how much you can afford to pay for insurance that will protect you in the future.

Insurance in American History

| Filed under insurance, you may know

American history was one of the most influental in the worl history. It aslo influenced the insurance development which in the future would be important part of the gistory.

The Insurance was popularized by the Benjamin Franklin who helped to popularize and make standard the practice of insurance, particularly Property insurance to spread the risk of loss from fire, in the form of perpetual insurance.

Insurance Effect

| Filed under insurance

We know that insurance have some profit value for us who use it. but it absolutely have the side effect in our live which can be serious problem in society.

It can have various effects on society through the way that it changes who bears the cost of losses and damage. On one hand it can increase fraud, on the other it can help societies and individuals prepare for catastrophes and mitigate the effects of catastrophes on both households and societies.

Insurance in Modern Europe

| Filed under insurance, you may know

Okay, we have know about the history of insurance since ancient era till medieval. The insurance was developed untill the modern era. It was developed in many country such as in europe area.

The Germany built on a tradition of welfare programs in Prussia and Saxony that began as early as in the 1840s.

Insurance in medieval world

| Filed under insurance, you may know

Okay, this Insurance thing was grow trough the developtment of the people in every place in the world. The insurance in medieval wrold was started in 12th Century, after the establishment of Seljuk state in Anatolia, Seljuk Sultan Ghiyas ad-Din Kaykhusraw I.

The Statue of Kaykhusraw I

The Sultan was introduced a form of state insurance which reimbursing the traders for their loss from the state treasury, if they would be robbed within the Seljuk territory.

Insurance in Ancient world

Monday, March 12, 2012 | Filed under insurance, you may know

Many people in the world was know about insurance, but not much who know the history behind it.
As writen in some paper, insurance was exist since ancient time especially in Chinese and Babylonian. It has the same meaning with the methods of transferring or distributing risk.

Insurance was firstly were practiced by Chinese and Babylonian traders as long ago as the 3rd and 2nd millennia BC, respectively. Chinese merchants travelling treacherous river rapids would redistribute their wares across many vessels to limit the loss due to any single vessel's capsizing. The Babylonians developed a system which was recorded in the famous Code of Hammurabi, c. 1750 BC, and practiced by early Mediterranean sailing merchants. If a merchant received a loan to fund his shipment, he would pay the lender an additional sum in exchange for the lender's guarantee to cancel the loan should the shipment be stolen.