√ Definition of Insurance Company and Insurance Policy (Complete)
Definition of Insurance Company and Insurance Policy (Complete) – In this day and age we are required to be able to provide the right design for ourselves and others for the future.
Proper planning will provide convenience for ourselves and others, such as planning when we are sick and when we are going to pay for the education of our sons and daughters. The right design will provide the best solution in the future.
With insurance we can design what we need now and for the future which will provide benefits for ourselves. Many companies offer insurance products that we can choose according to what we want.
Definition of Insurance Company and Insurance Policy (Complete)
To be able to understand what an insurance company and insurance policy are, it will be explained as follows:
Definition of Insurance Company
An insurance company is an institution that provides all kinds of insurance policies that can protect a person or customer who joins him from various kinds of risks by holding a number of policies insurance. Companies that are insurance companies are AXA Mansiri, Manulife, Sinarmas, Alianz, and many others.
Definition of Insurance Policy
An insurance policy is an agreement regarding insurance or a consensual coverage, which means there is an agreement. This must be written in a deed that concerns the parties that will enter into an agreement. In the deed that was made it was written and named as an insurance policy. In short, an insurance policy is in the form of written evidence as evidence of an agreement between the insured or the customer and the insurer, namely the insurance company.
Insurance Types
There are various types of insurance that are grouped based on their use, here are some types of insurance which include:
Health Insurance
Health insurance is a product of insurance that offers special care about health problems related to health caused by disease and can bear the treatment process carried out by the parties insured. This insurance can generally protect the insured from various risks such as injury, illness, disability and also death caused by accidents. Insurance can be purchased and used for yourself or for other people such as family members.
Life insurance
Life insurance is a product of insurance that offers financial benefits for the person who has been appointed upon the death of the insured or the customer. Insurance companies that provide service insurance will provide a sum of money after the customer or the insurer dies and as an insurance company can claim the funds obtained by the insurer before he died world.
Vehicle Insurance
Vehicle insurance is a type of insurance that can protect our vehicles against damage caused by third parties the insured and also this insurance can pay for vehicles that experience loss or damage to the party's vehicle insured. This insurance is the most popular at the moment because it can insure various types of vehicles such as cars, motorbikes, and others that can provide benefits for the insured if their vehicle experiences something that is not on want.
Education insurance
Education insurance is a type of insurance that can be provided by parents to insure the education of their sons and daughters. The costs that must be paid by the insured party are in accordance with the type of education that will be taken by their sons and daughters in the future. This insurance can also be a good solution for the future of your sons and daughters.
Here's an explanation about Definition of Insurance Company and Insurance Policy (Complete) explained by About Knowledge. By using life insurance we will be guaranteed both for health, education, goods and everything else will be guaranteed. Hopefully useful 🙂
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