In today's world, insurance is most important for all human beings. Without
insurance we can't buy a big machinery goods, buildings, cars and can't start any our business. There are many kinds of insurances e.g. life insurance, medical insurance, disability insurance, general insurance, household insurance, building insurance and many more other insurances.
Against future losses and harm insurance is a defensive measure. It is a legal work that protects a person from possible risk and losses through financial form and provides a money for individuals and societies to handle some of the risks and losses faced in daily life.
We can called these contracts insurance policies and insurance companies provides these contracts. The Insurance companies charge a regular amount from the customers, which is paid back, either in part, or entirety, to the customers in case of a absolute loss. This regular amount charged from customer
s is called Insurance Premium.
Insurance plays an important role in sharing the risks and harm or losses of people in an affordable form.It helps the people to quickly recover from damages and losses. so insurance is most important for us.
insurance we can't buy a big machinery goods, buildings, cars and can't start any our business. There are many kinds of insurances e.g. life insurance, medical insurance, disability insurance, general insurance, household insurance, building insurance and many more other insurances.Against future losses and harm insurance is a defensive measure. It is a legal work that protects a person from possible risk and losses through financial form and provides a money for individuals and societies to handle some of the risks and losses faced in daily life.
We can called these contracts insurance policies and insurance companies provides these contracts. The Insurance companies charge a regular amount from the customers, which is paid back, either in part, or entirety, to the customers in case of a absolute loss. This regular amount charged from customer
s is called Insurance Premium.Insurance plays an important role in sharing the risks and harm or losses of people in an affordable form.It helps the people to quickly recover from damages and losses. so insurance is most important for us.
Your are absolutely right about insurance. It is a great way to manage risk and be financially secure. That is why I have Disability Insurance.
ReplyDeleteAlthough we can't predict what life may throw at us, the best we can do is be prepared to handle the financial hurdles that come along with disabilities. People often take their good health for granted, and don't realize that when the ability to work is taken away, so is the income. The only way to protect yourself is to be ready with Long-Term Disability insurance.
ReplyDeleteNo one can predict what is going to happen next and it is the insurance that support a person to diversify the affect of uncertain conditions by providing financial help to overcome the monetary loss. You have truly explained the importance of insurance and how it helps one. Thanks for posting.
ReplyDeleteworkman comp insurance