14th November 2008
Credit crunch confusion counteracted by InsuranceSpecialists.com
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Generic site InsuranceSpecialists.com has offered a lifeline to those swamped by the worries of the faltering economy.
People who feel that they are struggling to come to terms with their insurance policies during the credit crunch can now seek advice devised by specialists at the website, who have added an extra section of information, entitled The Insurance Industry and the Wall Street Downturn".
Explanations are offered as to the continuity of their policies and which claims are currently covered.
Chief executive officer of InsuranceSpecialists.com Jon Davidson highlighted that the finance sector is not the only one hit by the crisis as shares in insurance firms have plunged recently too.
He continued: "None of this is really rocket science, but it's not the kind of thing people have had to think about for a long time."
"Add a healthy dose of financial fear to the situation and insurance holders start getting scared really fast," he added.
In money-related domain news, LowFare.com was sold this week for $365,000.
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