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How many types of insurance inside India | By Ishan [Hindi]
Insurance is a means of protection from financial loss. It is a form of chance management primarily second-hand to hedge beside the chance of a contingent, undecided loss.
What is an insurance coverage?: Insurance coverage is the amount of chance or liability that is covered appropriate to an individual or entity by way of insurance services. Insurance coverage, such as auto insurance, existence insurance – or more unusual forms, such as hole-in-one insurance – is issued by an insurance company inside the happening of unanticipated occurrences.
What is inside an insurance policy?: In insurance, the insurance policy is a contract (generally a standard form contract) between the insurance company also the insured, known as the policyholder, which determines the claims which the insurance company is legally required to pay.
What does an insurance company do?: Insurance companies basically do three things in the company of the premium dollar. First, they swimming pool the money to pay claims. Second, insurance companies pay appropriate to expenses involved inside selling also providing insurance protection. ... Earnings from investments back remain down the cost of insurance to policyholders.
What type of car insurance covers your car if it is stolen?: Most broad coverage policies drive cover you if your car is stolen. These types of policies usually protect you also your car beside problems not caused by collisions, such as theft, vandalism, also breakdowns. Be sure you know what your car insurance policy covers before something like this happens.
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This information is posted on label , the date 01-09-2019, quoted from GOOGLE Searcing https://www.youtube.com/watch?v=1F-GP7gIeXs
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