Usually an insurance policy involves a premium to be paid by the party seeking cover against the damage to the company (party) promising to make good the losses by the way of money. It may be a one-time payment or a periodic payment. This is called as 'insurance premium'.
What do many people buy but hope to never use? Insurance. In a nutshell, insurance is a way to protect you, your family and your property from the risk of financial loss.This section has been designed to take the mystery out of buying insurance and, in the process, help you get the coverage you need to protect what’s important at the most affordable cost.We will share things that you can do to lessen your risk and lower your premiums, such as buying a car with anti-lock brakes, or putting a dead-bolt lock on the front door of your home. And we will give you a glossary of terms to help make understanding the language of insurance that much easier.
What do many people buy but hope to never use? Insurance. In a nutshell, insurance is a way to protect you, your family and your property from the risk of financial loss.This section has been designed to take the mystery out of buying insurance and, in the process, help you get the coverage you need to protect what’s important at the most affordable cost.We will share things that you can do to lessen your risk and lower your premiums, such as buying a car with anti-lock brakes, or putting a dead-bolt lock on the front door of your home. And we will give you a glossary of terms to help make understanding the language of insurance that much easier.
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