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Can you explain to me? What's life insurance?

I want to know about insurance. So then can you explain to me? What's life insurance? Because I'm going to apply tomorrow.

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    Actually, I'd like to tell you life insurance is a contract between an insurance policyholder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money in exchange for a premium, upon the death of an insured person.

    2019.08.01 18:0

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What is the scope of those accident insurance?

There are a bunch of different kinds of insurances. In this situation, if she has medical insurance, it is covered by it. Having insurance is a good thing to have for emergencies like this. You can use your insurance most of the time in times of need. Having different kinds of insurance is not a big deal, it is just for your security.

What type of accidents covers car insurance?

It is a wise choice to get your own insurance as soon as possible. We do not know what is ahead of us, but becuase in nowadays. There are insurance that will help us in our future that may happened to us. People tend to forget there car insurance because there is just small percentage of car accidents. But little do they know. It is much better to have a car insurance than none. Choosing an insurance is difficult but by doing the right research, you can find one the suits you.

Can people be declined of the personal accident insurance based on his/her occupation?

Sad to say that people with hazardous occupations or people with occupations that are prone to accidents are declined by the insurance companies. Examples of these occupations are construction workers, fire fighters, police, military, divers pilots, aire crews, ship breakers, ship crew, and more alike.

A person with disability needs insurance.

Insurance has no limits. Everyone can get insurance whatever there status in life. They can be disable or not. When you are disabled, you can get other benefits that only cases like you have. Once insured, you can get it anytime you need it. Disabled people mostly use their insurance for there cases. Having insurance is a privelage, so do not overwelm yourselves with it.

I have been fraud by the insurance company.

Insurances companies comes from different countries that have different branches from all over the world. But there are companies who offers insurance that has great offers that will lure you to them. It is not a good thing to invest on insurance companies that seems fishy. Always background check the insurance company before availing one. If you know a insurance company that is a fraud, report the to the authorities for them to handle.

What is a Personal Accident Insurance?

Personal accident insurance pays you either a lump sum or reimbursements for out-of-pocket expenses in case of injury, disability or death resulting from an accident. Unlike medical insurance, the premiums are fixed, and you do not need to undergo any medical examination before the policy is incepted. The basic coverage are accidental death and or disability, children and medical reinbursement.

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