Insurance

2012-04-21T10:31:00.000-07:00

Insurance is a way to manage risk most to use against of contingent, uncertain loss and unseen things that might happen.

Types of insurance you can have......

Auto Insurance

Protects the policyholder against financial loss of an incident involving a vehicle they own, such as in a traffic collision.

Gap Insurance

covers the excess amount on your auto loan in an instance where your insurance company does not cover the entire loan.

Home insurance

provides coverage for damage or destruction of the policyholder's home. In some geographical areas, the policy may exclude certain types of risks, such as flood or earthquake, that require additional coverage.

Health insurance

policies cover the cost of medical treatments. Dental insurance, like medical insurance protects policyholders for dental costs.

Accident, sickness and unemployment insurance

Disability insurance policies provide financial support in the event of the policyholder becoming unable to work because of disabling illness or injury.

Casualty

Insures against accidents, not necessarily tied to any specific property. It is a broad spectrum of insurance that a number of other types of insurance could be classified, such as auto, workers compensation, and some liability insurances.

Life insurance

Life insurance provides a monetary benefit to a decedent's family or other designated beneficiary, and may specifically provide for income to an insured person's family, burial, funeral and other final expenses.

Burial insurance

is a very old type of life insurance which is paid out upon death to cover final expenses, such as the cost of a funeral.

Property

Property insurance provides protection against risks to property, such as fire, theft or weather damage.

Liability insurance

Covers legal claims against the insured. Many types of insurance include an aspect of liability coverage.

Credit

Repays some or all of a loan when certain circumstances arise to the borrower such as unemployment, disability, or death.