Explanation of the different types of insurance: life insurance, health insurance, accident insurance, insurance against damage and property insurance to provide services, property insurance, car insurance
Personal insurance
They seek to avoid the risks related to the life, health and physical integrity of a person and are exactly:
Life insurances
The essence of this type of insurance is that the insured pays each time a certain monthly and if he dies the insurer will pay the beneficiary an income. If the policyholder wishes to terminate the contract is entitled to rescue, this is the company to reimburse a sum of money for what you have paid to date. Obviously the insured can not be an incapable and must be over 14 years.
Life insurance itself is subdivided into:
- Insurance in case of death. The described above.
- Insurance in case of survival. In this insurance the beneficiary charged an amount of income if the insured remains alive at the end of the insurance contract.
- Mixed insurance. From death and survival.
Medicare
If the insured person becomes ill will pay health care costs and other amounts of money. The terms of this insurance usually set a grace period, this is a period of time since the signing of the contract during which the disease is not covered.
Accident insurance
It comes to cover injuries due to an event that occurs suddenly and violently, involving temporary, permanent (total or partial) disability or death.
And property damage insurance
Compensated the economic damage caused by damage to property both movable and immovable as a result of an accident:
- Fire insurance. It is he who repays the impairments caused a fire in the insured object.
- Transport insurance. The insurer compensates the damage to the goods and vehicles that carry them.
- Theft insurance. Restores impairments resulting in a third, due to theft, in the things insured.
Insurance service delivery.
What makes the insurance is to ensure the provision of a service rather than financial compensation.
- Health care insurance. The insurance company is financing health care. There are 2 types: concerted Healthcare where the insured can not choose your doctor, this is preset and reimbursement where the insured has all the free will to choose the one you like doctor, the insurance company simply pays the bills.
- Burial insurance. Basically a burial insurance. That is a person in fear of not being buried with dignity, you pay a certain fee to remove that uncertainty.
property insurance
They reward the detriments that may occur in the insurers' assets.
It is within this group liability insurance - Covers personal or property damage the insured or his family do a third.
Other types of insurance
- Car insurance : compensates the damage that a driver may cause to other people or their property (usually cars) while driving.One can distinguish between:
- Compulsory insurance or "third parties" . Are only guaranteed materials and personal impairments perpetrates the driver with his car to a third party. The damage to the car of the insured are not covered.
- Voluntary insurance . Here it is extending insurance coverage to the damage on the vehicle of the insured and the injuries suffered by the occupants of the car.
- Comprehensive insurance . As the name suggests covers all risks and possible damage to both cars and people.
- Multi-risk home insurance . It is intended to ensure compensation for damage to your housing for various reasons such as domestic accidents, damage caused by storms, theft ...