One of the most frustrating processes to endure can be completing an application for a life insurance policy. The agent gives you a complete, and I do mean complete, run down of the companies various life insurance policies on offer which could take half an hour more of your valuable time, usually as you are ready to sit down to a meal. When he's convinced you of which policy he thinks you need, he laboriously fills out the form for you, in case you make a mistake. During the form filling, he remembers to tack on a few more provisions, adding to the cost of the premium. At the end of the process when you finally say goodbye to the agent, you are left with the feeling of weary confusion and uncertainty about whether you have done the right thing.
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.
The Great Fire of London in 1666 caused untold damage to the city, leaving it in smoldering ruins. As a result of the London fire, several pieces of legislation was passed to try and prevent the huge losses experienced then. There was legislation stipulating the formation of fire teams with sufficient buckets and ladders in each quarter of the city. Another law allowed for the formation of an organization to indemnify owners and occupants for losses due to fire. The first insurance company to come into being was called "The Insurance Office" and was located behind London's Royal Exchange, known as the stock market.
Unless the web site says that the information has been updated on a particular date, you have no way of knowing if the information is up to date or correct. Similarly, if there is no security certificate (SSL) present on the site, you can't verify that the site is a bona fide one, before you enter sensitive personal information. Occasionally, you will find that your city is not covered on the site and you will have to resort to more direct means of communication.
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.
The Great Fire of London in 1666 caused untold damage to the city, leaving it in smoldering ruins. As a result of the London fire, several pieces of legislation was passed to try and prevent the huge losses experienced then. There was legislation stipulating the formation of fire teams with sufficient buckets and ladders in each quarter of the city. Another law allowed for the formation of an organization to indemnify owners and occupants for losses due to fire. The first insurance company to come into being was called "The Insurance Office" and was located behind London's Royal Exchange, known as the stock market.
Unless the web site says that the information has been updated on a particular date, you have no way of knowing if the information is up to date or correct. Similarly, if there is no security certificate (SSL) present on the site, you can't verify that the site is a bona fide one, before you enter sensitive personal information. Occasionally, you will find that your city is not covered on the site and you will have to resort to more direct means of communication.
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