Fire Insurance And Its Type A type of insurance coverage called fire insurance offers protection against monetary losses brought on by the destruction or damage to property as a result of fire. It is a type of property insurance that aids policyholders in recouping their losses should a fire cause damage to a covered property. … Read more
What is Insurance? Types of Insurance A contract known as insurance is one in which a person or organization (known as the insured) pays a premium in exchange for the insurer’s guarantee to make payments to the insured in the event of a covered loss or incident. By shifting the risk from the insured to … Read more
A type of insurance known as Accidental Death and Dismemberment (AD&D) insurance offers protection in the event of an unintentional death or significant injury that results in dismemberment or loss of function. Typically, AD&D insurance is a separate rider or coverage choice that can be added to a life insurance policy or purchased on its … Read more