What to know about insurance

[Aragon05]

Just know that insurance is the financial arrangement or contract between an individual and an insurance company it is designed to provide financial protection and compensation in an event of specific risk or losses also insurance place a crucial role in helping individual and their businesses manage financial risk and uncertainties it provide peace of mind by offering protection and support when an unexpected events happened.

 

[Augusta]

Yes Insurance is a contract or a policy, in which a policyholder receives financial protection or reimbursement against losses from an insurance company.

 

[Springtime]

Insurance is an agreement where you pay a regular fee to an insurance company. In return, the company promises to cover certain financial losses or risks such as accidents, illnesses, or damage to property, based on the terms of your policy.

 

[Fidelia]

I think every individual should assess the particular financial risks they are exposed to and duly get insurance policy that is necessary.

 

[Augusta]

In case of the account holder's sudden incapacitation or death, the bank can contact the next of kin to ensure proper procedures are followed. which is a rule in insurance