When you buy a car you want it to be insured against any accidents and other troubles. Auto insurance can be a rather expensive offer. That is why you should do your homework properly to find the insurance provider who proposes advantageous terms and has understandable and legal policy. But before closing any deals, you should learn that there are several types of car insurance.
The following three types of auto insurance are most wide spread and understandable for average citizens. First type, and the most hassle-free, is third party car insurance. Third party vehicle insurance is mandatory for all car owners because it is claimed by law. The essence of it states that in case you get into accident and it’s your fault, you’ll have to pay off all expenses to the aggrieved party and vehicle itself. If someone damages your car, you can’t claim to your insurance company for reimbursement. You don’t get reimbursement in case of car theft either.
The next type of car insurance is more flexible. It is called third party, theft and fire insurance. If someone damages your car, all the expenses will be covered. On the other hand, if you cause damage to the other car, the aggrieved party will get the pay off. Also, your car is insured against thefts and damages caused by fire. Read More »
Each day brings new challenges which we face regardless of our wish. How to cope with all of them without much detriment to our finances? Read More »
Published November 4, 2010 – 9:14 am
Categories: Main News
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The emergence of credit cards has certainly revolutionized the way people shop. Imagine, you don’t have to bring wads of cash when you go shopping! The thing is, many go about buying things through their credit cards without monitoring their balances or being wary of the fact that they may not be able to pay their bill on time. As it is, they accumulate credit card debts that they find hard to cope with month after month.
Good if the credit card company does not charge interest for delayed payments, but that’s not usually the case at all. The unpaid balance also earns interest and if you only keep on paying the minimum amount required by the credit card company, it will take so many years before you can actually zero-out your account. Read More »
Published September 1, 2010 – 4:31 am
Categories: Main News
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Can a person paying a bank loan for a car give up the insurance company imposed by the bank? Read More »
BRAINTREE, Mass., July 7 /PRNewswire/ — U.S. application activity for individually underwritten life insurance declined -3.9% in June year-over-year, all ages combined, according to the MIB Life Index(SM). June’s decline was the largest year-over-year drop in U.S. application volume since March 2009. Overall, the U.S. Life Index experienced alternating monthly gains and losses over the first two quarters of the year resulting in application activity being off fractionally at June’s close, down -0.2% YTD. June’s activity was off -1.4% from May levels; declines are atypical for this time period.
The U.S. MIB Life Index by age group for June showed ages 0-44, off -7.2%; ages 45-59, off -3.1%; and ages 60+, up +8.1% year-over-year. After growth in ten of the last twelve months, ages 45-59 had its largest year-over-year percentage decline since May 2009. Activity in the 60+ age group has paused from double digit growth to single digit for the first time since March 2009.
