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Medical Insurance
Health insurance is a type of insurance
whereby the insurer pays the medical costs of the insured if
the insured becomes sick due to covered causes, or due to
accidents....
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Auto Insurance
Vehicle insurance (or auto insurance, car
insurance, motor insurance) is insurance people can purchase for
cars, trucks, and other vehicles. Its primary use is to provide
protection against losses incurred as a result....
...read more |
Mortgage Insurance
Mortgage Life Insurance refers to an insurance
policy that guarantees repayment of a mortgage loan in the event
of death or, possibly, disability of the mortgagor...
...read more |
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| Life Assurance |
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Life insurance or life assurance is a
contract between the policy owner and the insurer, where the
insurer agrees to pay a sum of money upon the occurrence of the
insured's death. In return, the policy owner (or policy payer)
agrees to pay a stipulated amount called a premium at regular
intervals. As with most insurance polices, life assurance is a
contract between the insurer and the policy owner (policyholder)
whereby a benefit is paid to the designated Beneficiary (or
Beneficiaries) if an insured event occurs which is covered by
the policy. To be a life policy the insured event must be based
upon life (or lives) of the people named in the policy.
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| Insured events that may be covered include:- |
| * Death |
| * Accidental death |
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