What Is Risk In Insurance?
Risk is a constant in daily life, and insurance is a tool to assist people and organizations reduce and manage different hazards. Risk in the context of insurance refers to the possibility of loss or damage that a person or organisation confronts as a result of unforeseen conditions or events. These occurrences could include mishaps, […]
What Is the Difference between Accident Insurance And Health Insurance?
What Is the Difference between Accident Insurance And Health Insurance? Accident insurance provides protection against unforeseen illnesses and accidents that may require hospitalization or rehabilitation, such as head trauma, burns, and broken bones. Accident insurance often provides the policyholder or their beneficiaries with a lump sum payment in the event of an accident-related injury or […]