How does insurance ?
Are you a premium for a payment , and you insured against is the event covered if the exchange , the insurance company money certain amount agrees to pay such fine and such insurance protection term of the policy.The details , when the events covered how your insurance policy are defined, too . Insurance is a contract between you insurance company .
Why do I need insurance ?
If something unexpected happens, your loved ones can protect you from financial loss insurance .
For example :
• Auto insurance could pay the cost of repairs to your vehicle if you have an accident.
• Life insurance could provide your family with money to support themselves when you die.
• Home or tenant insurance could pay for the cost to repair your home if there is a fire in your
house, condominium or apartment.
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