Majority of people have little information concerning insurance products. For some they only know the widely known policies like automobile, health and probably life covers. Most mainstream insurance companies have a wide range of products to choose from. This may include flight cancellation and retirement policies.
Health cover provides coverage for you and your entire family. It pays a percentage of medical bills from hospital and doctor visits. Some health cover policies also cover prescription drugs.
Life cover exists in two categories all payable upon death. The first one merges insurance and investment plan on investments like money markets, stocks or bonds. This is called whole life where the accrued benefits on investment are added to the initial face value upon maturity. The second policy commonly referred to as term life is different and pays upon your passing on the policy's face value.
In case of calamity or theft of your automobile, automobile cover will cater for such situations. Your vehicle and other person's vehicle will be covered by collusion policy just in case you caused an accident. In liability policy, only the other vehicle will be covered if you are the one who caused the accident. Underinsured or uninsured type of motorist cover, caters for property and vehicle which get damaged when the two drivers are found at fault or either of them is underinsured or not insured.
Retirement policy, or an annuity, is a contract to make payments to an account. After you retire, a sum will be paid to you for the rest of your life. Annuities are normally a stable and safe form of retirement savings.
Business policy covers a broad range of services. It can cover a landlord in case of an accident or fire on his property. It can cover a business against employee theft and contractor losses. It can also cover workers compensation claims.
For those who travel widely using airplanes it is important to have flight cancellation type of coverage. In case you decide to cancel your flight for various reasons which may include an emergency, death or an illness, this policy can help in covering for costs that may arise in the process.
Umbrella type of coverage covers you and your business against losses that may occur because of big settlements. It also covers accident that may occur to your vehicle and your property which exceeds the limit of your liability. This extra coverage is bought together with other policies.
There are many insurance products available of which you may not be aware. Most policies have a deductible that you will have to pay before the policy will begin. A little research on the internet or a quick phone call to your agent can give you much more information about all the types of cover options that are available to you.
Health cover provides coverage for you and your entire family. It pays a percentage of medical bills from hospital and doctor visits. Some health cover policies also cover prescription drugs.
Life cover exists in two categories all payable upon death. The first one merges insurance and investment plan on investments like money markets, stocks or bonds. This is called whole life where the accrued benefits on investment are added to the initial face value upon maturity. The second policy commonly referred to as term life is different and pays upon your passing on the policy's face value.
In case of calamity or theft of your automobile, automobile cover will cater for such situations. Your vehicle and other person's vehicle will be covered by collusion policy just in case you caused an accident. In liability policy, only the other vehicle will be covered if you are the one who caused the accident. Underinsured or uninsured type of motorist cover, caters for property and vehicle which get damaged when the two drivers are found at fault or either of them is underinsured or not insured.
Retirement policy, or an annuity, is a contract to make payments to an account. After you retire, a sum will be paid to you for the rest of your life. Annuities are normally a stable and safe form of retirement savings.
Business policy covers a broad range of services. It can cover a landlord in case of an accident or fire on his property. It can cover a business against employee theft and contractor losses. It can also cover workers compensation claims.
For those who travel widely using airplanes it is important to have flight cancellation type of coverage. In case you decide to cancel your flight for various reasons which may include an emergency, death or an illness, this policy can help in covering for costs that may arise in the process.
Umbrella type of coverage covers you and your business against losses that may occur because of big settlements. It also covers accident that may occur to your vehicle and your property which exceeds the limit of your liability. This extra coverage is bought together with other policies.
There are many insurance products available of which you may not be aware. Most policies have a deductible that you will have to pay before the policy will begin. A little research on the internet or a quick phone call to your agent can give you much more information about all the types of cover options that are available to you.