Insurance:
The word Insurance refers to the promise of repayment of the money in the case of any loss to the insurer. The insurer may be an individual or a company who have made prepayment to an insurance company for a secured life. Insurance also provides security against future loss. We cannot predict the timing and the occurrence of loss. So we need insurance plan in order to protect ourselves from the future loss. An insurance policy provides financial assistance to support medical, personal and social services.
Types of Insurance:
Different types of Insurance plans are offered based on your needs. Some of them are
Life Insurance
Health Insurance
Dental Insurance
Property insurance
Automobile insurance
Life Insurance:
Life insurance policy is sometimes referred as life assurance, provides reimbursement of money to the decedents family or other designated. Life insurance gives security for you and your family. The life insurance may be permanent insurance or term insurance. The term insurance is somewhat expensive and complicated. Since the duration of this term insurance is limited to 1...
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