Policyholders have a contract with the insurance company to protect them against certain well-defined risks, for which they pay a premium, a regular payment to the insurance company in exchange for the insurance company’s readiness to handle such risks. The risk pooling hypothesis is a theory that underpins insurance. That what is a threat […]

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The Car Insurance Policy is a great way to protect yourself and your car. It can help in providing coverage that included provisions for both personal and third-party damages. Car insurance is a policy purchased by vehicle owners to reduce the risks connected with their vehicles in the event of an accident, theft, or third-party […]

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Property insurance, such as fire and burglary insurance, personal insurance such as Accident and Health Insurance, and liability insurance are all based on the Insurance principles. Many people have been left homeless and impoverished as a result of natural disasters such as tsunamis, earthquakes, and cyclones but still are unable to get their claim, ever wondered what is the reason behind it?? Although such losses might be painful, insurance may be able to assist minimize them. […]

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