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The property that I have is going for closure, but I recently got my insurance.

I have been living in this apartment for a long time. Me and my family haved lived here for almost 20 years. My family moved out and left this property to me. My co-workers suggested to get a home insurance because I live alone now. So I got myself one of the best insurance that I can find. Then recently I got an eviction notice from the owner due to the foreclosure. I do not have a choice but to leave. Can the Insurance help me with this?

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    There are cases that we are evicted from our properties because the land lord have not settled its mortgage with the bank that needs to be paid as soon as possible. In his situation, he just availed a home insurance and got evicted. Your insurance company cannot deal with foreclosure. But when you find a new property, you can tell your insurance your situation.

    2020.03.24 15:44

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Would there be a possibility that I may be convicted and sentenced to jail if I was to fail paying my Insurance?

No there is no possible outcome that the insurance company will or will be able to give you such a punishment as that that insurance companies are not given that form of power especially in issuing such moves such as sueing an individual for the inability of payment but the insurance agreement that was agreed upon maybe voided if not enough funds are present in the account of the client

What are the insurances that are locally present?

Insurances has different categories. It is not only usable here in Singapore but it can be also used in other countries. Insurances keeps your budget safe when something happens to you. It also helps you with some expenses that are not planned a long the way that occurs to the owner of the insurance.

My father do not trust all these insurances.

There are a lot of insurance companies in todays time. But there are a lot of fake insurances too. If you do not trust the companies that you have seen or told by other people. Try to research on the companies that you trust and see what insurances they have. You can also ask your trustworthy friends if they have insurances and ask them what company is it. You can have the same insurance with your friend.

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.

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.

I want to sell insurance too

Insurance companies are spread through out the world. They almost covered every country in the map. Not all people have insurances but people refer it to them. Some companies use this strategy for them to get more costumers in buying insurances. Most companies allow those people who have bought there insurance to sell and will give them a percentage of the product.

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