The third type of insurance is the social insurance which aims to provide protection to the weaker section of the society, who would not be in a position to pay the premium for necessary insurance due to lack of resources. It is considered as the essential duty of the government who is bo...
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2. Types of Life Insurance There are two main types of life insurance: Term life insurance:This provides coverage for a specific period of time. If you die within the policy term, your beneficiaries receive the death benefit. If you outlive the term, the policy expires. ...
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Once you’ve acquired an insurance policy, and you’ve selected to have collision coverage, comprehensive coverage, or both, then you will have to choose the amount of your deductible. “What is a deductible?” You ask. A deductible is how much you, as the bearer of the insurance policy...
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Buying Cheap Car Insurance When it comes to auto insurance, many drivers throughout the nation believe that the cheaper the policy, the better. Saving money on a financial product like auto insurance, that you never truly want to use, is a priority, but you must also take the time to bui...