Blogger BlogNet68615

Insurance is often undervalued, frequently because people have a narrow mind when it comes to the insurance business as a whole. However, insurance helps to give security to business dealings. Here is a look at how insurance can give your business security.

Insurance is a swap:

All types of insurance do one thing - they exchange a small, certain payment for a large, uncertain loss. Basically, this means that you pay a small fee and fixed intervals (your premium), and the insurance company will take the risk should any losses ever occur.

Take, for instance, a flood. Floods are often destroying business property and inventory, but it is impossible to know when one will, if ever occur. If you were able to tell when a flood would occur, you wouldn't need homeowner insurance. But because you can't, taking out a flood insurance policy can help you to replace the things that you lose when there is a flood.

Group statistics can be calculated:

While you cannot tell what your chances of a flood, fire, or other disaster will be, your business group as a whole has set statistics. For instance, if you own a bakery, your risk of having a fire destroy your business is higher than the risk of a fire taking down an office building. Knowing that, you could decide that as a bakery owner, your risk of having a fire is higher, and you therefore need more insurance. If you are an office owner, you could decide that your risks are lower and that you need less insurance. Every business and every individual needs certainty, and insurance can help to provide certainty in an uncertain world.

All insurances are similar:

Fire insurance is not terribly different from flood insurance, and flood insurance is not any different than life insurance. To a certain extent, all insurances are the same. If you work with life insurance, then you know that approximately 3.8% of people die before they are 25. This means that another 96.2% don't, but you have no way of knowing which of the two groups you will be in. All you can do is calculate your personal risk. The higher your risk, the higher your premium will be.

This is true of all types of insurance, including home owner's insurance. Property owners never know how good their title is. A merchant doesn't know how much he will lose on a given debtor. However, when you look at a large enough group, you can get an idea of what your individual risk is. Everything you do in business has a certain risk to it. On your own, you cannot determine what the risk is, but as a member of a business group, you know what the statistics are for that group.

What insurance does for your business:

Business has risk. There is the risk of losing property, losing life or health of employees, or losing money, among others. What insurance does is give you some guarantee against these losses. By knowing what your risk factor is, and insuring it appropriately, you will know that you have what you need sure an incident ever occur.

Sarah Martin is a freelance marketing writer based out of San Diego, CA. She specializes in business, finance, and insurance. For a free home owner's insurance quote, please visit http://cheap-insurance-rates.com/

Like many, if not all of you, I have seen the ad banners and the popup ads saying "SHOOT THE DUCK FOR A FREE IPOD" or "CLICK HERE FOR A FREE PS3". And like many of you, I thought they were a scam. But unlike many of you, I decided to put these freebie sites to the test. I didn't have anything to lose by trying it out, only things to gain.

I began doing a freebie site in August of 2005. I signed up to the site and was amazed that I received no spam email from them. I then proceeded to sign up to one of their affiliate links. I signed up to Real Player Rhapsody, hardly considered to be a site that would scam you out of your hard earned money. The great thing about this is, you do not even have to keep the product after the first month trial.

I was attempting to get an Xbox 360 which required me to refer 8 other people to sign up and complete an offer. Now, this of course was no easy task considering everyone and their mother think freebie sites are just another name for a scam site. It took me a few months, but after some time spent convincing a few friends of mine to sign up, I achieved my goal of 8 users.

I then submitted for approval. The approval process usually takes around 2 weeks. During this process the freebie company checks on all your referrals to make sure they are all legitimate and to make sure you haven't just signed up multiple times. Signing up multiple times will cause you problems, such as one account going on hold or all of your accounts going on hold. Basically what going on hold means is your account is terminated and you will received anything. Although this sounds a little strict, take it from their point of view. They want to make money, if you are scamming them or their affiliates, they will not make money and inturn they cannot pay you.

After I was approved, I placed my order for my Xbox 360. It did take awhile to come but this was due to the fact that the Xbox 360 was a brand new system and it was hard for anyone to get their hands on it.

When I got my 360 it was brand new. It was BRAND NEW. I got an Xbox 360 for FREE. I opened my Xbox 360 and I played it and it worked. Nothing was wrong with it. Infact, I still have it and it STILL works.

Now, once again, many people think these sites are scams. That is because they have been misinformed and have not tried the sites themselves. Everyone is saying its a scam, so it must be a scam, right? WRONG.

Thanks for reading my article and I hope this or one of my future articles will convince you or some friends to try these sites out. Afterall, you have nothing to lose and everything to gain.

I am very interested in video gaming, but I really had no money to buy all these next generation systems. So I tried out a freebie site to get my Xbox 360. Once I got it, I continued doing a few more freebie sites. I have earned over $2000 dollars in gifts and money from these sites. If you are interested in trying out a freebie site, here is one I am currently working on.

http://Gaming.YourGiftsFree.com/?id=2937

If you have any questions that were not answered in this article or in any of the articles I will soon be writing, then please, send me an email and I will write you back ASAP.

reverendmatthewhopkins@gmail.com