Notes
Notes - notes.io |
Appraisal- An expert's determination of the value of a piece of property.
•Claim - The request made to an insurance company to repay the policyholder for a loss.
•Insurance - allows you to limit potential financial losses from illness, injury, or damage to property, to amounts you can handle.
•Property Insurance - protects things that you own like your car, home, and valuables.
•Liability Insurance - protects you from losses that you cause others; it will pay the cost of damage, medical expenses, and legal fees if you are sued, up to a maximum.
•Personal Insurance - protects you, your spouse, and your children against financial loss due to illness, disability, or death.
•Policy - A legal contract to purchase insurance.
•Policy Holder - The person who signs the contract with the insurance company.
•Premium - The payments made to an insurance company in exchange for protection from risk.
•To manage risk, you can buy insurance. In exchange for this protection, you make a regular payment to an insurance company called a premium.
•When you buy insurance, you sign a legal contract called a policy; thus you become a policyholder.
•Different policies protect you from different types of loss for varying amounts of coverage. If you do have a loss, covered by the policy, you file a claim, which is a formal request for payment from the insurance company.
•The insurance company diversifies the risk by selling policies to thousands of people, with each policy having a premium that is substantially less than the cost of the possible loss.
•Insurance operates under the concept of shared risk. It works by transferring funds from a large group to the relatively few who suffer losses. The insurance company is the middleman, collecting premiums and paying claims. They make money if they collect more in premiums than they pay out in claims. Through this method, all policyholders share the cost of losses and no single policyholder must bear the burden of a financially devastating loss
TYPES
Property Insurance
Protects things that you own like your car, home, and valuables.
Liability Insurance
Protects you from losses that you cause others; it will pay the cost of damage, medical expenses, and legal fees if you are sued, up to a maximum.
Personal
Protects you, your spouse, and your children against financial loss due to illness, disability, or death.
|
|
Notes.io is a web-based application for taking notes. You can take your notes and share with others people. If you like taking long notes, notes.io is designed for you. To date, over 8,000,000,000 notes created and continuing...
With notes.io;
- * You can take a note from anywhere and any device with internet connection.
- * You can share the notes in social platforms (YouTube, Facebook, Twitter, instagram etc.).
- * You can quickly share your contents without website, blog and e-mail.
- * You don't need to create any Account to share a note. As you wish you can use quick, easy and best shortened notes with sms, websites, e-mail, or messaging services (WhatsApp, iMessage, Telegram, Signal).
- * Notes.io has fabulous infrastructure design for a short link and allows you to share the note as an easy and understandable link.
Fast: Notes.io is built for speed and performance. You can take a notes quickly and browse your archive.
Easy: Notes.io doesn’t require installation. Just write and share note!
Short: Notes.io’s url just 8 character. You’ll get shorten link of your note when you want to share. (Ex: notes.io/q )
Free: Notes.io works for 12 years and has been free since the day it was started.
You immediately create your first note and start sharing with the ones you wish. If you want to contact us, you can use the following communication channels;
Email: [email protected]
Twitter: http://twitter.com/notesio
Instagram: http://instagram.com/notes.io
Facebook: http://facebook.com/notesio
Regards;
Notes.io Team
