Debt Relief Alliance

I recently got a new car. As part of the buying of the car, I had to get insurance. But I did not want just any insurance, I wanted the cheapest insurance I could find (within reason of course). So as I went hunting for my car, a cheap car insurance quote was also in my sights. I would not rest until I found one.

I called all my friends and family to find out who they insured with and what they were paying each month. I also asked how the service was from each company and how they paid claims. I only got three companies to contact out of this process, but it was a start. I decided I still wanted a few more cheap car insurance quotes before making my decision on what company to use for my insurance needs.

I then went searching the internet for more … Read More…

by Third Way

The basic concept of pooling resources at large to compensate few who suffer losses due to unforeseen calamities finds mention in the ancient history way back to the times of Manu and Kautilya. India has a rich history of compensation of loss through insurance. This sector which was once dominated by private business houses was taken over by public sector after independence. It was in the year 1956 when life insurance business was merged and got taken over by life insurance Corporation of India and in the year 1973 non life insurance was nationalized. The basic concept of nationalization of insurance sector after independence was to make it more popular, transparent, organized, and cost effective and to safeguard the interests of insured. Insurance being a social security was given special emphasis by the government through incentives for healthy growth and fulfillment of its objectives. The sector was … Read More…