InsuranceWith the rising cost of insurance,

sometimes it seems like we can’t live with it, but now-a-days we can’t live

without it!

Insured Items There are limitless things

that you can insure, in order to keep them protected, but the most important ones are:

YOU

YOUR FAMILY

YOUR HOUSE

YOUR AWESOME CAR

YOUR BOAT

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Property Insurance (#3-5):

-Insurance intended to compensate for harm to the insured person’s real property.

Fire insurance is insurance that covers the loss of property resulting from fire, or lightning strike.

Insurance

Insurance is a contractual arrangement that protects against loss.

Policy

The policy contract of insurance is known as the policy. Certain exclusions, or exceptions to property and casualty insurance are stated in the policy. Meaning that there are certain exceptions to coverage, that relieves the insurance company from paying.

Indemnify Compensation for

harm done to one party.

The individual who accepts the compensation is known as the insured, and the person who agrees to indemnify is the insurer.

Beneficiary This individual is the recipient of the amount to be

paid. The maximum amount of compensation that can be received is known as the face value.