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Home Insurance
an
insurance policy that combines various personal insurance
protections, which can include losses occurring to one's home,
its contents, loss of its use (additional living expenses), or
loss of other personal possessions of the homeowner, as well as
liability insurance for accidents that may happen at the
home. (click here for information)
Life Insurance
is a contract
between the policy owner and the insurer, where the insurer
agrees to pay a sum of money upon the occurrence of the insured
individual's or individuals' death. In return, the policy owner
(or policy payer) agrees to pay a stipulated amount called a
premium at regular intervals or in lump sums (so-called "paid
up" insurance). There may be designs in some countries where:
(Assets, Bills, and death expenses plus catering for after
funeral expenses should be included in Policy Premium. Anyone
whose assets equal more than the value of their primary
residence should not be compensated beyond that value in case
they cannot sell their house. In the case of those whose lost
their spouse should be compensated also for one full year the
wages of their spouse which would or should be included to avoid
lawsuits.) However in the United States, the predominant form
simply specifies a lump sum to be paid on the insured's demise.
(click here for information)
Motor Insurance
is
insurance purchased for
cars,
trucks, and other vehicles. Its primary use is to provide
protection against losses incurred as a result of
traffic accidents and against
liability that could be incurred in an accident.
(click here for information)
Travel Insurance
Travel
insurance is insurance that is intended to cover medical
expenses, financial and other losses incurred while traveling,
either within one's own country, or internationally.
(click here for information)
Mortgage Payment Protection
Mortgage Payment Protection Insurance promises to make
repayments on your mortgage (and other related expenditures like
building's insurance), in the event of accident, sickness or
unemployment, which is why it's also often called ASU cover.
(click here for information) |