Know barbados non-life insurance and its types
Know barbados non-life insurance and its types
Know Indonesian non-life
insurance and its types
It is no longer a luxury and
insurance products are now part of the needs of humans, including Indonesian
people. In addition, insurance has the role of providing protection.
From protection from
property loss due to disasters, accidents and serious illnesses to uncertain
events and risks in life. You need to know the types of insurance such as life
insurance, health insurance, and "insurance" yourself.
Education ", right?
However, in addition to the
above three types of insurance, there are several other types of non-life
insurance, and owning them is not so important. However, of course, depending
on your situation and needs, you can purchase the following types of non-life
insurance.
What is non-life insurance?
Before we know the types of
non-life insurance, let's first look at the meaning of the following non-life
insurance.
General non-life insurance
or so-called non-life insurance is insurance that can provide benefits in the
form of compensation to the insured in the event of damage, loss or loss of
property.
Now, by taking out non-life
insurance, you can avoid or minimize the loss if you have the risks mentioned
above.
So do you know what non-life
insurance means? Yes, it's different from life insurance, health, and
education. Now, for those who are interested in any type of non-life insurance,
let's become familiar with some of these types of non-life insurance.
Types of non-life insurance
1. Fire insurance
The first type of non-life
insurance that also exists in Indonesia is fire insurance or fire insurance.
This general insurance product can protect against the risk of fire.
In addition, fire insurance is commonly used
to protect your home from the potential and risks of fire caused by:
-Small and large flames are
accidental and generally difficult to control
-Lightning strike
-Electrical short circuit
- others
Fire insurance, as well as private homes, can
help protect your company. The reason is that apart from your home, you can
also use fire insurance to supply industrial materials from your warehouse,
shophouse, or other immovable property, office, factory, or warehouse.
2. Automobile insurance
(automobile insurance)
The next type of non-life
insurance is automobile insurance (automobile insurance). This insurance
product is a type of non-life insurance that protects the form of compensation
if both the motorcycle and the vehicle are damaged or lost.
Although it is electric, if
the car does not have a license plate number, the loss due to damage or loss
will not be covered by automobile insurance.
There are at least two types
of automobile insurance today, and they are generally offered by many insurance
companies.
-All risks / comprehensive
This type of all-risk
insurance can protect against loss and/or damage to vehicles and/or profits
caused by collisions, collisions, falls, slips falls, malicious acts, theft,
fire, and ferry transport. increase.
-Total loss only (TLO)
TLO type automobile
insurance is a type of vehicle protection and has the same conditions as
all-risk or comprehensive. However, this benefit only occurs if the vehicle
loss or damage reaches 75% of the market price of the dependent vehicle.