Introduction There is great need for visitors travelling to the Schengen Area in Europe to prepare for the occurrences of unforeseen circumstances such as emergency sickness which will attract unexpected medical expenses in case of accidents or injuries while on the journey. Thus, to ensure financial support and peace of mind during the journey, it…
INTODUCTION If you are travelling to the United States of America, you will need USA travel insurance for visitors. This is not minding the fact that you may not be spending a long time. Similarly, one of the important components of the travelling insurance to the USA travels health insurance. This is because it is…
Ship insurance is an insurance policy or coverage that protects shipper from damages, package, loss or theft. In this sense, if a policyholder’s ship/package does not get to its destination or if it suffers damages on delivery, the shipper gets indemnity the value of the items or ship in question. stolen. In shipping insurance, the…
INTRODUCTION Insurance is a contract in which an Insurance Company undertakes to indemnify a Policyholder in the event he incurs loss to property or other specific contingencies or perils. The focus of this article is on Insurance Companies. From the above definition of insurance, it is very clear that there are two main parties to…