Health is wealth so that they say and each person should prepare financially and emotionally for the likelihood of any health problems which will come his way at any time within the future. People say the sole things certain in life are taxes and death. Perhaps, illness should...
Showing posts with label Insurance. Show all posts
Showing posts with label Insurance. Show all posts
12/22/19
7/21/18
What Is Life Insurance?
New to buying life insurance? Learn how it works, compare best life insurance policies, and choose the right coverage for your needs. What Is Life Insurance? A Beginner’s Guide to Income Tax-Free Protection A life insurance policy is a contract with an insurance company. In exchange for affordable life insurance premiums, the insurer provides...
Life insurance contract: who are the stakeholders?
On
a life insurance policy, the insurer, the subscriber, the member, the
insured, the life beneficiary, the beneficiary (ies), and the deceased
are involved. Find below more information on these speakers.
Depending
on the different legal structures of the life insurance policies,
subscribers and members will have their identity differ....
The different types of insurance
There are two main categories of insurance: those covering a natural person and those covering property. But, it is also possible to subscribe several insurance in the same contract. This is called "multi-risk".
The insurance of persons
Personal insurance is intended to cover risks relating to individuals such as personal injury, illness, death...
What is the insurance?
Definition
Insurance is, by definition, a system that protects an individual, an
association or an enterprise against the financial and economic
consequences of the occurrence of a particular risk (random event).
The
means implemented by the insurance organizations...
