Hay Guys
In This post we will know about Insurance and Type of Insurance
In the entire life we need safety for everything and everywhere. for Example If we buy brand new Car. We do so much care of it but it cant possible in every case. like if you drive safely but someone who do drunk and drive can make accident with you at this time your new car can be damaged Evan you also.Sometime time accident can destroyed our life, work skill, assets and property. In this case first we all think how can we recover it or how can we make it again possible.
The Answer Is Insurance Do it for you ! But How ?
There are many Company available in the market which provide you Insurance safety.
Which Take some premium from you in the form of money and give you surety for recover the damage of your thing and safety of your assets
Let we understand with example
If we buy a new car The amount of car is 30 lack, and we make insurance of it, the insurance charge on us 5000 annually. Now think accidentally your car is totally damaged. and you go at the car insurance company they will check the condition of car and paid you money for repair it and if repairing is not possible in some case they are give us a new car with some condition.
Now Let's we understand how many type of insurance
In This post we will know about Insurance and Type of Insurance
In the entire life we need safety for everything and everywhere. for Example If we buy brand new Car. We do so much care of it but it cant possible in every case. like if you drive safely but someone who do drunk and drive can make accident with you at this time your new car can be damaged Evan you also.Sometime time accident can destroyed our life, work skill, assets and property. In this case first we all think how can we recover it or how can we make it again possible.
The Answer Is Insurance Do it for you ! But How ?
There are many Company available in the market which provide you Insurance safety.
Which Take some premium from you in the form of money and give you surety for recover the damage of your thing and safety of your assets
Let we understand with example
If we buy a new car The amount of car is 30 lack, and we make insurance of it, the insurance charge on us 5000 annually. Now think accidentally your car is totally damaged. and you go at the car insurance company they will check the condition of car and paid you money for repair it and if repairing is not possible in some case they are give us a new car with some condition.
Now Let's we understand how many type of insurance
Type of Insurance
- Life Insurance ( Personal Insurance )
- Property Insurance
- Marine Insurance
- Fire Insurance
- Liability Insurance
- Guarantee Insurance
- Social Insurance
Life Insurance
Life Insurance is Special made for human being. Because This insurance provides protection to the family at
the premature death or gives an adequate amount at the old age when earning
capacities are reduced. The Insurance company will pay fix amount at the time of death. the Life insurance is not only safety but its one type of saving which can help you at your old age life and to your family at premature death.
Property Insurance
Property insurance cover the risk of property at specified risk Like fire or marine perils which is naturally disaster and Theft and damaged of property which happen by human.
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