Different types of insurance

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DIFFERENT TYPES OF INSURANCE:

Car Insurance: It is a package in which an organisation provides protection against a possible event that is related to the situations that are related to your car.

It works by the customer paying an insurance company policy to cover them against the risk of damage that may have been caused when your customer is out driving.

Based on the risks that customers place an insurance company, which can be based on car age, power, driving habits, location and experience.

 Home & Content Insurance: It is a package in which an organisation provides protection against a possible eventuality, which is linked to situations that are related to home.

It works by the customer paying on insurance company policy to cover them against the risk of damage to their home. This typically covers the home.

Content insurance is a package that covers the physical contents inside a home. These are typically covered from theft or unexpected events. The premium is calculated a maximum cost of any such claim.

Life Insurance: Is a package in which an organisation provides protection against a possible eventuality and these are linked to specific solutions to your life.

It works where the company policy will need to be covered against the risk of death. This settled as the…

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