Too often we read in the newspapers or hear on the television that a family home has been destroyed by fire which has also taken the life of a loved one. That loved one can never be brought back and causes immeasurable grief to the family. The situation is made much worse for the family if that loved one is also the bread winner. The existing debts mount up and there is no source of income to feed the family.
The first recorded instance of insurance was related to shipping. Back in about 1750 BC, Babylonian sailing merchants negotiated loans to purchase cargo with the proviso that if the goods were damaged or stolen or lost at sea, the lender would guarantee to cancel the loan. The borrower paid an additional fee, the premium, for this guarantee.
Online insurance policies can be easy to apply for and don't take much time to complete. You can complete them in the comfort of your home at a time that suits you. You complete the form yourself thus avoiding mistakes which could prove costly later when making a claim. It often costs less than applying for policies through an agent because it cuts out distribution costs and agents fees. You can see all of your options and finally decide only when you have all of the information. In fact, you can run a comparison against of features and fees of other insurance providers and be even better informed. There are often different and exclusive online policies which are unavailable from their offices or through an agent. Finally, you can look up reviews from happy and unhappy customers to gauge the performance of a particular insurance provider.
Sometimes, we only consider the bread winner for life insurance. Another couple had five kids, all of school age which required the mother to make their lunches, ferry them to school and to take them to activities they were involved in. The husband had a reasonable paid job but it involved long hours commuting to work and was unable to take up any slack with looking after the children. His wife suffered from a heart attack and died on the way to hospital. Fortunately, both parents had life insurance cover. With the insurance money in the bank, the husband was able to find a part time job that although paid less, was near to home so he could look after the children.
In 1732, Charles Town, later known as Charleston in South Carolina, was the home of the first insurance company to underwrite fire insurance in the United States.Insurance premiums can be a financial drain on the family or corporate budget. Could we afford to rebuild after a fire destroyed our home? How would we survive if the bread winner of the family became sick or died, leaving debts and no means of support? Are we able to rebuild our business after a natural disaster without insurance cover? We often take insurance for granted but where would we be today without it?
The first recorded instance of insurance was related to shipping. Back in about 1750 BC, Babylonian sailing merchants negotiated loans to purchase cargo with the proviso that if the goods were damaged or stolen or lost at sea, the lender would guarantee to cancel the loan. The borrower paid an additional fee, the premium, for this guarantee.
Online insurance policies can be easy to apply for and don't take much time to complete. You can complete them in the comfort of your home at a time that suits you. You complete the form yourself thus avoiding mistakes which could prove costly later when making a claim. It often costs less than applying for policies through an agent because it cuts out distribution costs and agents fees. You can see all of your options and finally decide only when you have all of the information. In fact, you can run a comparison against of features and fees of other insurance providers and be even better informed. There are often different and exclusive online policies which are unavailable from their offices or through an agent. Finally, you can look up reviews from happy and unhappy customers to gauge the performance of a particular insurance provider.
Sometimes, we only consider the bread winner for life insurance. Another couple had five kids, all of school age which required the mother to make their lunches, ferry them to school and to take them to activities they were involved in. The husband had a reasonable paid job but it involved long hours commuting to work and was unable to take up any slack with looking after the children. His wife suffered from a heart attack and died on the way to hospital. Fortunately, both parents had life insurance cover. With the insurance money in the bank, the husband was able to find a part time job that although paid less, was near to home so he could look after the children.
In 1732, Charles Town, later known as Charleston in South Carolina, was the home of the first insurance company to underwrite fire insurance in the United States.Insurance premiums can be a financial drain on the family or corporate budget. Could we afford to rebuild after a fire destroyed our home? How would we survive if the bread winner of the family became sick or died, leaving debts and no means of support? Are we able to rebuild our business after a natural disaster without insurance cover? We often take insurance for granted but where would we be today without it?
Hi…..Thanks for sharing this nice post. Insurance can secure our lives.We lead our lives without tension. Keep posting…
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