Variety of Losses and Risks

Insurances depend on losses, various types of losses such as accidental loss, definite loss, limited loss, unlimited or large loss, calculable loss etc. Whatever insurances are insurances and so the losses types are closely similar to each other except some different characteristics. Accidental loss should be pure and not be self-made. Sometime the insured company…

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The Common Facts of Insurance

Insurance is a must needed system of present era. After banking system insurance is potential for the distributing of numerous risks of business and other purposes. As banking system the insurance companies have to make a fund. For a business insurance or common insurance basically the insurance companies have two types of funds, initial fund…

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History of Insurance in Brief

Insurance protects from uncertain financial loss. A policyholder or insurance holder buys insurance which guaranteed him/her a covered loss against of his paying premium (charged money by the insurer). A contact is made between the two parties in where everything will be written clearly with every details from the very beginning which is called insurance…

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Types of insurance

Usually various types of insurance process in almost every country. But some are popular like life insurance, car insurance etc. There are also some others like- Home insurance, Travel insurance, Private medical and dental insurance, Critical illness insurance, Pet insurance. It’s unlikely that you’ll need every insurance product on the market, even if you could…

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