Let’s be totally honest before we look at what could be the best insurance comparison tool ever, people don’t like buying insurance. Yes it is without doubt one of the most essential purchases a business can make (the recent flooding in the UK has once again highlighted this) but it’s hardly an exciting process is it?

You may trawl the internet, fill our numerous forms, make several phone calls and answer the same questions over and over and over again. However this can be long and drawn out process which takes time and costs business owners money. Therefore why aren’t there business insurance comparison tools on every search engine or insurance website?

Well the truth is business insurance is a little more complex than buying a CD as believe it or not getting the cheapest price isn’t necessarily the only thing you want. Yes getting the cheapest premium is of course important as nobody likes to pay over the odds but when it comes to business insurance getting other things like the right cover, an affordable excess (or deductable) and help and advice can be just as important.

So this leads us onto what could indeed be the best comparison tool over for businesses looking for business insurance. This tool has been around for years and for businesses looking to compare different types of insurance it could save them time and money.

Ladies and gentleman could in fact the best insurance comparison tool ever be an insurance broker?

Insurance Brokers have been around for years but for businesses who want to compare many different insurance companies and insurance products they could still well be the best tool around.

For those insurance brokers who don’t like to be referred to as a tool I’m very sorry but the fact remains they do the same job (plus much more) than any online insurance comparison site.

So if you’re a business owner or someone who is responsible for the purchase of business or commercial insurance for your company you really have 3 options when it comes to buying your insurance.

You could go direct to an insurance company who will quote their premium or you could go to an insurance broker who isn’t independent and they will quote you a premium from the one insurance company they deal with.

Alternatively, you could go to an independent insurance broker to help you with your business insurance. Find a good one and they will search the market to help you find the right insurance cover, the right excess and the right premium. Not only this because they are independent and aren’t tied into using just one insurance company, they can often find you more cover for less money.

If you want to compare many different types of business insurance why not take advantage of what could the best insurance comparison tool there is?

This article was written by Mark Burdett, Marketing Manager of Northern Counties Insurance Brokers. Mark has over 17 years Marketing experience in the Financial Services industry and has worked on campaigns for companies including Norwich Union, Kia and Zurich.

A personal insurance review is simply reviewing your insurance policies with your agent. This can be done by phone or in person. I feel it is always nice to do these in person. Meeting in person makes the review more personal and builds rapport with your agent. I recommend completing a personal insurance review every one to two years. There are several benefits to having a regular insurance review.

One benefit is that you may uncover discounts that you are eligible to receive. Insurance companies offer a variety of discounts to their policyholders, so you want to see that you are receiving all discounts available to you. One example of a discount that may be overlooked is the Good Student Discount. Most companies offer this discount, but the agent may not be aware that a child qualifies for the discount until an insurance review is done. Updating the electrical, heating, or plumbing on your home may provide you a discount on your home insurance; but your agent may not know that these updates have been done to your home until you have an insurance review. Personal insurance reviews are a great opportunity for you to discuss all discounts available with your agent.

A second benefit is to review the coverage on existing policies. Your situation may have changed since the policy was written and you may not need the same coverage as you did previously. One common situation is people that have vehicles on their policies for several years. Sometimes these vehicles still have full coverage, but the customer does not realize it. The age or condition of the vehicle may not warrant the additional premium for full coverage. Another common situation is people that still have very low deductibles on their home insurance. It was not uncommon to have $50, $100, or $250 deductible 15 to 20 years ago, but many times there is a significant savings in premium to raise the deductible. A personal insurance review is a great time to remove any coverage that may no longer be needed.

A third benefit is to locate any gaps in coverage. There are many areas where gaps can occur in your insurance program without you realizing it. Your life changes frequently and many of the changes may seem minor, but can have an effect on your insurance coverage. Some common changes that affect your insurance are updating a home can increase its value; having children may increase the need for life insurance; purchasing an expensive television or jewelry may require additional endorsements be added to your home insurance. Having an annual or bi-annual review helps to uncover areas where gaps in coverage may exist.

People are often hesitant to have an insurance review because they feel the sole purpose is for the agent to sell more insurance. However, the purpose of the insurance review is to make sure that the individual has the proper coverage in place for their situation. This is a benefit to the agent and the customer. The customer benefits by gaining a knowledge of their coverage and receiving the peace of mind that they are properly insured. The agent benefits by knowing their customers will have no gaps in coverage if a loss occurs.

It is important to have regular insurance reviews with your agent. The reviews make sure proper coverage is in place before a loss occurs and that you are paying the proper premium by taking full advantage of all discounts available.

Life insurance is a contract between the policy owner and the insurance company, where the insurer agrees to pay a sum of money upon the occurrence of the policy owner's death. In return, the policy owner agrees to pay a stipulated amount called a premium at regular intervals.

life assurance is a contract between the insurance company and the policy buyer whereby a benefit is paid to the designated Beneficiaries if an insured event occurs which is covered by the policy. To be a life policy the insured event must be based upon life/s of the people named in the policy.

Insured events that may be covered to include death and accidental death.

Life insurance may be divided into basic classification of temporary and permanent and may be sub classified into term, universal, whole life, variable, variable universal and endowment life insurance.

Term life insurance provides for life insurance coverage for a specified term of years for a specified premium.

Permanent life insurance is life insurance that remains in force until the policy matures or unless the policy owner fails to pay the premium when due.

life insurance is an easy way to protect your family and further more you can get great coverage at a price you can afford.

Life insurance offers financial protection for the family. You may think that you will not need life insurance when you are still single and young. One thing for sure is when you get a life insurance policy at a younger age; your cost of the premiums will be low.

But as you take on more responsibilities and your family grows, your need for life insurance increases. The proceeds from a life insurance policy can replace the income lost to your family upon your death. Life insurance to pay off debts and expenses, leave money to charity, and cover final and estate expenses and even double as a life long savings. You may able to cash out as and when you may need emergency cash. For this you will have to look closely to the terms and conditions as stated in your policies. Talk to an insurance agent or a financial planner for details advices.