Saturday, September 3, 2011

Five W's in Insurance

This is a new research style concept used in journalism and it is called as basic information gathering concept. What? Why? Where? Who? When? These are called as Five W's and also called as interrogative words. We will analyze the insurance in these aspects so we would gain some informative knowledge about the insurance and its benefits.

Why insurance is important to our life?

Food and water are essential to live, but for that food we should have a valued paper called money. Savings are essential for your future life and it saves you in all aspects. It is one of the saving amendments that provide future benefits in terms of money. Also, it gives protection against an undesirable event or risk and it ensures that we are protected from financial loss or harm. The benefits we obtain through policies is enormous and you receive the following benefits from policies such as, it provides you the financial security, acts as an asset saver, safety for your future, provides security to your family members, enhances security to your cute pets, reduces your income tax and also, you can avail loan through policies.

What are the different types of insurance polices available?

There are varieties of insurance policies available and each type of policies provides safety and security. Life insurance, property, health, auto, liability, credit, casualty, home insurance and there are also other types of insurance such as locked fund insurance, pet, disability, worker compensation, political risk, builders risk insurance and more.

Who is called as an insurer and insurance agent?

The person who puts the insurance policies is called as an insurer because that person has insured himself through the policy of insurance.

The agent is a person who acts as a representative between the insurer and the companies and the agent may be either an independent representative or a dedicated one.

The agent is a representative for insurer and some agents specialize in selling certain kinds of policies such as life insurance, or annuities sold to individuals, or various kinds of insurance sold to small business or corporations.

An agent usually works for an agency and most consumers interested in purchasing insurance coverage will only deal with a local agent directly.

Where to find the insurance companies?

You can find the insurance companies from agency that delivers Web-based, insurance information to individuals, families and small businesses who are in need of information.

You can find the reputed insurance companies like anthem blue cross, blue shield and more on the search engines by their respective keywords.

When to put the insurance policy?

You can put policies starting from age 18 to 65 and also, it is recommended to put insurance in between these ages to gain maximum benefit from the insurance policies.

Select the plan that best suits you and depending upon your budget, select the premium that suits you and insure yourself through policies and have a secure life.


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