You may think there are only life, automobile, and health insurances that you can buy, but there are many more insurance products that may fit your needs. They range from retirement to trip cancellation kind of policies. A reputable insurance company should be able to sell you any of these products.
Health cover provides coverage for you and your entire family. It pays a percentage of medical bills from hospital and doctor visits. Some health cover policies also cover prescription drugs.
Life cover usually comes in two different types, whole life and term life. Whole life combines cover with an investment strategy, such as bonds or money market instruments. Dividends are paid from these investments and added to the face value. Term life pays only the face value of the policy upon death.
In case of calamity or theft of your automobile, automobile cover will cater for such situations. Your vehicle and other person's vehicle will be covered by collusion policy just in case you caused an accident. In liability policy, only the other vehicle will be covered if you are the one who caused the accident. Underinsured or uninsured type of motorist cover caters for property and vehicle which get damaged when the two drivers are found at fault or either of them is underinsured or not insured.
For retirement security and welfare, annuity or retirement policy is available. This policy is a form of contract of payment to your pay after retirement. It helps one to continue receiving regular payments even after retirement. It is one of the secure and stable ways of saving for retirement.
Business policy covers a broad range of services. It can cover a landlord in case of an accident or fire on his property. It can cover a business against employee theft and contractor losses. It can also cover workers compensation claims.
For those who travel widely using airplanes it is important to have flight cancellation type of coverage. In case you decide to cancel your flight for various reasons which may include an emergency, death or an illness, this policy can help in covering for costs that may arise in the process.
In case you are generously endowed and you fill that your existing policies are not sufficient to cover all your properties, you need an addition policy called umbrella cover. Normally it covers excesses in your policy including unexpected business losses and car accidents that may exceed your liabilities.
It is good to be aware of the various insurance products available. Majority of the policies will have a deductible that must be paid before the policy becomes effective. You can get information of the various options available from the internet or by contacting an agent.
Health cover provides coverage for you and your entire family. It pays a percentage of medical bills from hospital and doctor visits. Some health cover policies also cover prescription drugs.
Life cover usually comes in two different types, whole life and term life. Whole life combines cover with an investment strategy, such as bonds or money market instruments. Dividends are paid from these investments and added to the face value. Term life pays only the face value of the policy upon death.
In case of calamity or theft of your automobile, automobile cover will cater for such situations. Your vehicle and other person's vehicle will be covered by collusion policy just in case you caused an accident. In liability policy, only the other vehicle will be covered if you are the one who caused the accident. Underinsured or uninsured type of motorist cover caters for property and vehicle which get damaged when the two drivers are found at fault or either of them is underinsured or not insured.
For retirement security and welfare, annuity or retirement policy is available. This policy is a form of contract of payment to your pay after retirement. It helps one to continue receiving regular payments even after retirement. It is one of the secure and stable ways of saving for retirement.
Business policy covers a broad range of services. It can cover a landlord in case of an accident or fire on his property. It can cover a business against employee theft and contractor losses. It can also cover workers compensation claims.
For those who travel widely using airplanes it is important to have flight cancellation type of coverage. In case you decide to cancel your flight for various reasons which may include an emergency, death or an illness, this policy can help in covering for costs that may arise in the process.
In case you are generously endowed and you fill that your existing policies are not sufficient to cover all your properties, you need an addition policy called umbrella cover. Normally it covers excesses in your policy including unexpected business losses and car accidents that may exceed your liabilities.
It is good to be aware of the various insurance products available. Majority of the policies will have a deductible that must be paid before the policy becomes effective. You can get information of the various options available from the internet or by contacting an agent.
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