Generally, insurance is used to protect our health and properties like home, vehicles, health, and business etc. Health insurance cost is higher compared to other types of insurance. We should need to find the affordable health insurance policy to avoid extra cost. We should keep watch all the insurance companies and find out which one is suitable for us.
Health insurance policy covers all of your health problems and death. It will not cover the suicide or injury when attempting suicide. It can be covered all types of diseases and accidental medical expenses. If you have an own home, you should need to buy a home insurance. Home insurance is used to cover damages when natural disasters and accidental fire.
The substance of Health insurance :
Most of the people in the world have motor vehicles. So, motor vehicle insurance is necessary for a maximum number of people. The cost of the motor vehicle insurance depends upon what type of vehicle you have own. There are two types of motor vehicle insurance. Comprehensive and third party motor vehicle insurance. Comprehensive motor vehicle insurance covers vehicle and drivers. Third party motor vehicle insurance covers only drivers medical expenses. It will not cover the vehicle damages.
In lots of countries, insurance companies offer mobile insurance. We can contact the retailer mobile showroom for mobile insurance. It covers damages, water lock, and theft. If damaged, the customer should have to pay 5% amount. If they want a new mobile, they have to pay 35% of the mobile price.
Water lock also has same procedures. For theft, the customer should have to file FIR and need to wait for a long time. If unable to find the mobile for one year, the customer should have to pay 5% for new mobile. There is also a business insurance. If you ensure your business, you can avoid the unnecessary losses. If employees injured within the company, their medical expenses covered by the business insurance.