In Part I and II of ABC insurance, talk about the risks that the company claims and some examples of what they cover. Now in this third section we'll talk about the risks that insurers consider to create insurance.
According to insurers, What is risk?
- An event or potential event depending on chance.
- This is the protective covering property or persons shall take insurance.
- The good or person to be insured.
The risks can be insured are divided into:
- Risks that affect people.
- Risks affecting the property.
- Risks that affect others.
- Risks consequential.
COVERAGE , this term refers to the commitment to protect an insurance company agrees to various risks, which will bear the economic consequences to some extent, the above previously described in the policy that is engaged, either car, medical expenses , life, home, etc..
EXCLUSIONS are risks, real or circumstances specified in the contract and are not part of the insurance. Exclusions are those risks that arise, the insurer will not pay for damage they cause. They should also be inspected carefully when hiring insurance.
It is important that when you buy a policy you are aware and know what your coverages and exclusions, these two terms are key to making good use of your insurance.
After reviewing the information, we recommend that you read the general conditions in this document are the coverages and exclusions, so if you have an accident you know if these protected. Remember that being informed will help you make good use of your insurance.
I hope this information has been helpful, remember to keep in touch with me. Every week I'll be posting information to help you be more secure.
According to insurers, What is risk?
- An event or potential event depending on chance.
- This is the protective covering property or persons shall take insurance.
- The good or person to be insured.
The risks can be insured are divided into:
- Risks that affect people.
- Risks affecting the property.
- Risks that affect others.
- Risks consequential.
COVERAGE , this term refers to the commitment to protect an insurance company agrees to various risks, which will bear the economic consequences to some extent, the above previously described in the policy that is engaged, either car, medical expenses , life, home, etc..
EXCLUSIONS are risks, real or circumstances specified in the contract and are not part of the insurance. Exclusions are those risks that arise, the insurer will not pay for damage they cause. They should also be inspected carefully when hiring insurance.
It is important that when you buy a policy you are aware and know what your coverages and exclusions, these two terms are key to making good use of your insurance.
After reviewing the information, we recommend that you read the general conditions in this document are the coverages and exclusions, so if you have an accident you know if these protected. Remember that being informed will help you make good use of your insurance.
I hope this information has been helpful, remember to keep in touch with me. Every week I'll be posting information to help you be more secure.
No comments:
Post a Comment