Casualty Insurance

Casualty-Insurance

Casualty Insurance

Casualty insurance covers losses and liabilities which are a result of unforeseen accidents. This category of insurance is quite broad, encompassing a range of situations and fields within the insurance industry. Generally, casualty insurance excludes life, health, and fire insurance policies; it is designed for things like burglary, terrorist attacks, and fraud. Many insurance agents offer casualty insurance; if you are interested in purchasing some for a home, specific situation, or business, you should talk to an insurance agent about your specific needs.

Business Overhead Expense Disability Insurance

Business Overhead Expense Disability Insurance

Business Overhead Expense Disability Insurance

Small and closely held businesses often depend on key individuals for their very existence. The death of a key person can be insured against by a key man policy. But, if the owner or a partner becomes disabled, the loss of income to the firm could destroy the business.

Bond Insurance

BOND Insurance

What Does Bond Insurance Mean?

A type of insurance policy that a bond issuer purchases that guarantees the repayment of the principal and all associated interest payments to the bondholders in the event of default. Bond issuers buy insurance to enhance their credit rating to ‘AAA’ in order to reduce the amount of interest that it needs to pay.

The bancassurance model in India

Bancassurance

The bancassurance model – an attractive alliance for both the parties, has taken a flying start in India; but much more needs to be done in order to reach out to the uninsured Indians.

Bancassurance – selling insurance product under the roof of a bank – had its humble beginning in 1980s in France and soon spread its wings to different parts of the world. In the Indian context (post the March 2000 RBI Amendment and IRDA’s 2002 notification), the very concept provided a ray of hope to a number of insurance players as culturally, banks are more acceptable than insurance companies. Add to this the more pragmatic aspect of the penetration of commercial banks (banking is spread both geographically and across different socio-economic groups; there are more than 80,000 branches of scheduled commercial banks), the strategic alliance between a bank and an insurance company could not have come at a more appropriate time.

Directors & Officers Insurance

Directors & Officers Insurance

Directors & Officers Liability

Directors and Officers Insurance cover the bad decisions in managing the company. Any mistakes coud lead to court.Don’t hesitate. Cover the virtual losses with an insurance policy.

Directors and officers can be held personally responsible for their decisions in the course of managing a company. Lawsuits brought by investors, competitors or clients as well as investigations by regulatory agencies are difficult and costly to defend. Directors’ and Officers’ Liability insurance provides protection for individual defendants and, in some cases, the company.

Dental Insurance

Dental Insurance

Dental Insurance

One of the most urgent insurance needed to be signed is no doubt, the dental insurance. Whether you are on vacation or at work, in the city of residence or travelling, dental insurance is almost mandatory to be signed for you and your family. Anytime, anywhere a dental ache can ruin your days, the quality of your life and the minimum you can do, is to protect your finances.

Dental insurance, either provided by your employer or a policy that you buy directly from a dental insurance company, is meant to help cover some of the costs associated with your dental care.

Mortgage Insurance

Mortgage Insurance

Your home is a must in your life stability, and nothing can be achieved in life if you do not have a home for you and your family. A house must be built in youth, to enjoy it throughout life. A young person solely source of income is the salary. So, what to do first? To pay rent or utilities? Eating out or at home with your friends? Have fun or studying alone? Surely, someone will advise you to marry and to move to your own home. Here, you will enjoy your life without so many questions to be answered. The Mortgage Insurance helps you in this regard.

What is Lenders Mortgage Insurance?
Lenders mortgage insurance (LMI) is usually only applicable if you are borrowing more than 80 per cent of the purchase price.  LMI is in place to protect the lender, not the borrower.  In the event that you default on your loan, the insurance covers the lender for any short fall of the borrower.  First time buyers benefit because it allows them to buy first homes sooner with a smaller deposit.

Crop Insurance

Crop Insurance

Crop insurance

Crop insurance is purchased by agricultural producers, including farmers, ranchers, and others to protect themselves against either the loss of their crops due to natural disasters, such as hail, drought, and floods, or the loss of revenue due to declines in the prices of agricultural commodities. The two general categories of crop insurance are called crop-yield insurance and crop-revenue insurance.

Commercial Crime Insurance

Commercial Crime Insurance

Commercial Crime Insurance Protects Your Company from Fraud, Theft, Forgery and More

Business fidelity insurance is designed to protect your company from many types of crime. Because crime is a common worry for businesses, the commercial crime insurance offers business protection to cover your company when employees decide they are entitled to the company’s inventory or a thief robs you of your cash. Working through such losses takes time and money – resources that would be better spent running your business.
Crime Insurance protects organizations from loss of money, securities, or inventory resulting from crime. Common Crime insurance claims allege employee dishonesty, embezzlement, forgery, robbery, safe burglary, computer fraud, wire transfer fraud, counterfeiting, and other criminal acts.

Closed Community Insurances

Closed Community Isurances

Introduction

Few of us belong different religious groups, and signing a insurance is a real problem for them. Acceptance of written conditions of an insurance policy are unlikely, given the specificity, faith, and religious believes. But we all live in a consumer society and anything beeing possible, we can, in certain circumstances, to agree some individual or group insurance policies that can help us and our assets.

Closed community self-insurance

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