There are various benefits of auto insurance especially when you are involved in an accident. In the event of an accident and you do not have auto insurance policy, you will have to pay for all expenses such as the costs of medicals, repairs, law suits and others out of your own pocket. On the…
There are several types of motor insurance. And each of these existing types depend on the level of coverage if offers. This article is for the purpose of discussing the various types of motor insurance. But before we do this, we shall examine the meaning of Motor insurance. MEANING Motor Insurance refers to insurance policies…
There are numerous benefits in buying health insurance policy. The policy performs multiple functions and comes with various benefits. We have hereunder discussed some of the most fundamental benefits of health insurance and some other benefits such as the additional ones. The basic benefit of health insurance coverage includes: Provision of Coverage against Medical Expenses…
There are numerous benefits in buying insurance policy. The policy performs multiple functions and comes with various benefits. We have hereunder discussed some of the most fundamental benefits of insurance. And some other benefits such as the additional ones. The basic benefit of insurance coverage includes: Provision of Protection Means of Risk Sharing Peace of…
It is natural that no human plans to be sick or even envisage when he is going to fall sick. However, it is equally natural that sickness can start anytime and anywhere. Sometimes, it comes outside our comfort zones. And some other times, we may not have the money to attend to the illness as…
We shall take discussion on the meaning of insurance claims before we delve into the processes involved in filling California wildfire insurance claims. MEANING OF INSURANCE CLAIMS Insurance claim means a request from a policyholder to his insurer for the provision of reimbursement or indemnity against the losses covered by the terms of…
Car insurance in china began with the People Insurance Company of China in the year 1950. This it did by the provision of local insurance policies and as such brought to a halt the foreign dominance of the insurance industry in China. As times moved on, the people became more aware of insurance and its…
In California, there exists insurance coverage for damages from wildfire. This is owing to the fact that for a long time, wildfire in California has become more frequent. And even more severe. These fire incidents which most times emanate from heavy forest areas times escalate to residential communities and cause serious economic, health, property damages…
Most times while on a journey on our cars, accidents by way of collision happen and there is need to fix our cars. This is the whole essence of collision insurance. In this Article, we shall take you through the meaning of the term, its importance, its types and others. MEANING OF COLLISSION INSURANCE This…
MEANING OF BUSINESS INSURANCE Business insurance is a type of insurance policy that protects a business owner against financial losses. These loses may arise from various incidents which negatively affects the life, survival and operations of his business entity. And associated investments. It is also known as commercial insurance. Buying business insurance policy will help…