The History and Principles of Insurance Insurance as we know it today could be traced to the Great Fire of London, that in 1666 devoured 13,200 houses After this disaster Nicholas Barbon opened an office to insure buildings In 1680 he established England's 1st fire insurance company, "The Fire Office", to insure brick and frame homes The first insurance firm in the United States provided fire insurance was formed in Charles Town (modern day Charleston), South Carolina, in 1732 In 1752, Benjamin Franklin founded the Philadelphia Aid for ...

Handling Credit Card Debt When you find yourself in the midst of credit card debt, you may wonder if there is any way to pay off your balances without accruing so much interest and becoming trapped in what seems an inescapable cycle If you can go online, visit the America Express website at http://wwwamericanexpressco m to see what they have to say about credit card debt consolidation The American Express credit card offers a six month period without credit card interest This means that if you transfer your ...

Credit Card Terms And Conditions - A Closer Look It's sad but today most credit card companies are devious and they've designed everything possible into the fine print of their terms of service to catch you Therefore, when looking at any credit card offer, make sure you take a close look at the fine print Believe me, I am fully aware that it's purposely put together to appear like a maze, but because it's so vitally important to your financial well-being and with the current trend towards "relatively" ...

Personal Debt Consolidation Loan - Things To Consider There are a few things to consider before you make the decision to apply for a personal debt consolidation loan You'll want to make sure that that is your best option for your financial situation After reviewing your options, if you still find that a personal debt consolidation is the best means of regaining fiscal control and health, there will be a few things to consider about the loan itself You'll need to decide on a practical loan amount ...

Asset and liability basics Knowledge of accounts can make life much easy If you are to invest in a new business or joining your forefatherÂ’s business, planning to take some loan, looking for job in any marketing company, desire to be the manager of a multinational company or have the onus to manage your own assets and liabilities, knowing some basics of accounts becomes mandatory Broadly, accounting is bifurcated into two categories- Cash Bases Accounting Accrual Accounting The Cash Based accounting pertains to ...

Retiring With A Decent Income These days, itÂ’s hard to listen to the financial or economic news for long without hearing something about pensions These news stories usually give us some bad news about the pensions shortfalls in the gaping holes in pension funds The chancellor Gordon Brown has recently gone on record suggesting that he is in favour of increasing the working age, and the debates about whether to link state pensions to earnings or inflation rages on The ...