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insurance quotesEnsure you're receiving competitive car insurance rates this year by getting insurance quotes from rival brokers before your rates come up for renewal.

Major Types of Insurance: : - (1) credit insurance; Heart Attack Travel Insurance - UK Business Directorythis kind of insurance protects the businessman from losses through default of debts by customers.(2)Casualty Insurance:-a casualty is an unfortunate occurance,it covers topics such as burglary,liability,workmen’s compensate accident and medical.(3)Fire Insurance:-the risk of loss of property due to fire and lightening is insured by fire insurance.(4)Automobile and Truck Insurance:-this type of insurance covers theft,collosion,injury to the property of others and to the persons in a collision and to the person riding the vehicle insured.(5)this kind of insurance protects the widow and children by substitutry payments they would have received if the man had lived. It also protects the man’s business associates by making payments to cover the estimated to the company from man’s death. (6)Marine Insurance:-this covers loss vessel and cargo at sea.

Insurance Companies: : -(a)state life insurance corporation of Pakistan(SLICP)was established on November 1, 1972 to manage the life insurance business in the country. The basic structure of the cooperation which originally comprised of these bema Units deeling mainly with selling under writing and surviving life policies and a principal office carrying out such activities as investment, real estate, actuarial overseas operation,etc., has been re-organized with effect from October1,1975. There are many auto insurance improvements that are moving the industry ahead in ways absolutely unimagined in the past. Today, there are more drivers in the world than at any time in human history, which is presenting huge opportunities for car insurance companies.

Pakistan Insurance Corperation(PIC): -was established by the Govt of Pakistan under the Pakistan Insurance Corperation Act,1952 to perform the following functions:-(1)To provide re-insurance facilities within the country and overseas.(2)To arrange and manage the insurance of Govt and semi-Govt property and interest subject to direction of the central Government and rules made on this behalf.(3)To assist the development of the national insurance industry by helping in the promotion of new insurance companies and rendering technical advice to such companies.(4) To manage specialized insurance schemes on behalf of the Government scheme, war risk insurance scheme, Civil Commotion Compensation Fund etc. The corporation is the only non life professional re-insurance organization operating in Pakistan it also provide treaty and facultative re-insurance protection to companies in addition to compulsory quota share business on attractive and competitive terms. Financial Planning - Insurance plans are a good financial planning tool. You can select your own financial advisor after visiting our website.