What is Insurance Services?
Insurance services are safeguarded against loss, damage, or liability by the purchase of a long-term policy for a set price with a regular payment. These services are focused on the economic viability of their clients and the effectiveness of their operations by managing risks incurred.
1. Life Insurance
- Pays money to the insured beneficiaries when he dies.
2. Health Insurance
- Makes payments for medical expenses such as hospitalization, surgery, or other necessary treatment.
3. Vehicle Insurance
- Protects against loss of, or damage to, vehicles or theft and liability to third parties.
4. Property Insurance
- Homeowners, office owners and other asset owners purchase insurance covers to safeguard their assets against natural disasters, fire, or theft.
5. Business Insurance
- This type of insurance covers the risks faced in the operations of a business such as employee liabilities and interruptions in the business.
6. Travel Insurance
- This includes the risks faced while travelling such as the loss of a bag, flight cancellations or medical emergencies while you are abroad.
7. Liability Insurance
- This type of insurance protects businesses or individuals against claims made by third parties against them for negligence or damages.
