Car insurance obviously is about cars. You'll pay for a certain amount of money for a period of time and when the you get to a car accident, all the damages of the car will be shouldered by the insurer.
Comprehensive car insurance covers accidental damage to your car and Third Party Property damage.

Labels: car insurance, insurance

One kind of insurance is the Term insurance.
What is a term insurance? Or a term life insurance?

Term insurance is a type of life insurance policy that if the insured dies during the period of payment, he will get the benefits. They will shoulder all the costs to pay for the death of the insured. The insured person should agree to pay for a certain amount for a period of time.

Labels: insurance, term insurance

First of all, what is insurance?

According to my research, insurance is defined as the equitable transfer of the risk of loss, from the entity to another, in exchange for payment. (wikipedia) The one who is sellingthe insurance is called the insurer while the one who is buying the insurance is called insured.

It is like, the insured person is paying the insurer a certain amount of money for a period of time and when the insured person meets the requirements, he will be able to get all the benefits from the insurer.

Labels: insurance