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Home Property Insurance

Protect Your Assets With Home Insurance

For most people, the house is the most important asset in life. Not only the price of the building is expensive, but also the land and various furniture in it. However, ironically, there are still many people who don’t really care about their home insurance. In fact, the danger that threatens the house and the valuable assets in it can occur at any time and cannot be predicted. Can you guaranteeWarranty Statement A statement issued by a potential customer regarding the condition of the person or thing insured. your home will last forever? There are unexpected events that can happen, for example, fire, flood, theft, to the crash of an airplane.

For this reason, you need to consider having insurance. You should not just fixate on insurance when the house is being credited. However, you will also need to continue insurance after paying off your home. This is what often escapes people’s concern for their own assets. This is because knowledge about home insurance is not yet popular in the community. There are still many people who think that home insurance is useless. In addition, there is also an assumption that insurance companies are only after premiumsPremium The money that must be paid at a certain time is the obligation of the insurance policyholder. The amount of premium paid is determined by the policy and approval of the insurance company in accordance with the conditions of the insured. The nominal payment approved by policyholders and insurance companies. Premium payment will be made according to the agreement, it can be monthly, yearly, or according to the agreement. and will not in the end bear it if anything happens.

Insuring a home means transferring all risksRisk Risk is a loss that occurs to the insured individual or object. Various bad possibilities could happen to someone. and financial burdens to the insurance company. Of course, losing your home is tantamount to losing your most valuable asset if no one is paying for the repairs. For that, register your home for insurance. However, beforehand, you need to learn what the insurance company covers and what steps you need to take to get started.

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Home Property Insurance

The Importance of Renters Home Insurance, for Owners and Tenants

Owning a rented house and renting it out to other people is something that most people often do, especially if the person concerned already has another residence as a private residence. Many people make rented houses a source of income, considering the amount of money made here can reach thousands of dollars per year. The value of this rent will certainly depend on the facilities and the house’s condition.

The better and strategically the location of a rented house, the greater the rental costs that will be obtained from the house. That is, of course, the selling value of the house itself is also high and fairly expensive. After all, a house is a high-value asset that can cost thousands to millions of dollars, so it is very important to protect it with the maximum protection, one of which is by using insurance services. Then, does the rented house also need insurance?

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Home Property Insurance

What is Home Insurance, and How Does Home Insurance Work?

Most people will think that a house is an asset and a very big achievement in their life, this is certainly very reasonable, considering that a house is obtained with a very long process and hard work over a long period of time.

By looking at the facts above, it is only natural that you will always want the best care and protection for your home. This will prevent you from experiencing a number of risksRisk Risk is a loss that occurs to the insured individual or object. Various bad possibilities could happen to someone. of loss that can come at any time to the house because basically none of you can predict when disaster will come. For that, you need protection from the start, namely by using home insurance.

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Liability Insurance

All About Liability Insurance: Definition, Examples, and Benefits

The definition of third-party liability insurance is insurance that provides financial protection from the riskRisk Risk is a loss that occurs to the insured individual or object. Various bad possibilities could happen to someone. of legal liability. So, this insurance will provide compensation money if the customer gets a lawsuit from a third party.

For example, we accidentally hit someone else’s car and they demand compensation for damage to the car. In this case, the insurance will replace the money.

This insurance will guaranteeWarranty Statement A statement issued by a potential customer regarding the condition of the person or thing insured. legal liability to third parties in the form of bodily injury and/or property damage in connection with work or business activities carried out by the insuredInsured A person who is legally listed in the insurance policy to receive benefits from the policy. A person whose life/health is covered in accordance with an insurance agreement or contract..

Liability Insurance

But keep in mind, the compensation money paid by insurance is not based on an agreement between us and the third party. There must be a court decision. So, you can’t just shoot nominal

Now maybe you are still wondering if you are among those who need this insurance. To understand better, let’s see the next discussion in deep on this article!

Categories
Global Insurance Life Insurance

Know These 4 Types of Riders in Insurance that You Can Utilize Optimally

Before buying an insurance product, we must know clearly what benefits will be obtained from the product. In fact, we are often negligent or don’t even pay attention to all the contents in the insurance policyInsurance policy An agreement between the policyholder and the insurance company to perform the obligations as agreed by both parties. that we are going to buy. Not only you, most people who use insurance services often experience it.

Lack of attention can cost you money for inappropriate needs. Moreover, the amount is not small because most people will take a number of policiesPolicy The policy is a binding agreement and is agreed upon by the insurance company and policyholder in writing. An agreement made by the policyholder with an insurance company. whose value is large enough for various insurance services. Avoid that riskRisk Risk is a loss that occurs to the insured individual or object. Various bad possibilities could happen to someone. because every penny of your money is worth it. That’s why it’s so important that you know where the money is going.

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Global Insurance

Benefits of Having Personal Accident Insurance, Everything You Need to Know

In addition to health and life insurance, a worker (especially if he is the main source of family livelihood) needs to specifically have an insurance product that protects himself related to the risksRisk Risk is a loss that occurs to the insured individual or object. Various bad possibilities could happen to someone. he faces, especially at work. Therefore, for those who have high-riskRisk Risk is a loss that occurs to the insured individual or object. Various bad possibilities could happen to someone. jobs, it is highly recommended to make accident insurance, so that work becomes safer.

There are many professions that are prone to the risk of personal accidents that need to be anticipated, especially for field workers or those working in the manufacturing industry. In accordance with labor regulations that every project or job in an industry must prioritize occupational health and safety so that both individuals and companies must protect their employees with personal accident insurance protection. This is actually also beneficial for workers and companies if there is a risk of work accidents.

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Financial Tips Motor Vehicle Insurance

Old Car Insurance: What You Need to Know? Perform the Following 6 Tips, Works Flawlessly

The average old car owner is an antique car collector who really loves and cares about the vehicle he owns. There is a certain satisfaction for the owner of this vehicle if he can take care of it properly.

There are not many. Therefore, it is very important to enroll in an insurance program. This is done as part of our concern for the old car. Here are some tips to consider in choosing the right old car insurance product.

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Financial Tips Motor Vehicle Insurance

4 Tips to Make Your Car Insurance Claim Not Rejected, Works Powerful

Vehicle insurance is currently an important requirement for car owners. The vehicle will be protected from various risks that lurk with the right insurance product.

To get the best car insurance, you need to choose an insurance company that offers complete services. PremiumsPremium The money that must be paid at a certain time is the obligation of the insurance policyholder. The amount of premium paid is determined by the policy and approval of the insurance company in accordance with the conditions of the insured. The nominal payment approved by policyholders and insurance companies. Premium payment will be made according to the agreement, it can be monthly, yearly, or according to the agreement. must also be competitive, not cheap, but not too expensive.

In addition, you are also required to understand the rules of the game that the insurance company applies in order to be able to use the service to its full potential. The reason is that many of the customers do not read carefully and study the insurance policyInsurance policy An agreement between the policyholder and the insurance company to perform the obligations as agreed by both parties. before signing the agreement.

Generally, problems occur when car insurance claimsInsurance claim A formal request made to the insurance company for compensation based on the terms of the insurance policy or agreement.. Rejection often occurs because it does not comply with the policyPolicy The policy is a binding agreement and is agreed upon by the insurance company and policyholder in writing. An agreement made by the policyholder with an insurance company.. Even though you thought it would be easy to make a claimClaim The demands are given by the insurance policyholder to get the right properly so that the insurer pays the conditions according to the existing procedure.. If this is the case, you will definitely be harmed. You have paid the premiumPremium The money that must be paid at a certain time is the obligation of the insurance policyholder. The amount of premium paid is determined by the policy and approval of the insurance company in accordance with the conditions of the insured. The nominal payment approved by policyholders and insurance companies. Premium payment will be made according to the agreement, it can be monthly, yearly, or according to the agreement. every month, but it turns out that the turn to claim is not according to the agreed rules.

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Global Insurance

Insurance Claim Rejected, Here Are 10 Insurance Company Claim Rejection Reasons

The difficulty of managing insurance claimsInsurance claim A formal request made to the insurance company for compensation based on the terms of the insurance policy or agreement. is often a scourge for insurance policyholders. Not a few also make this one of the reluctance to buy an insurance policyInsurance policy An agreement between the policyholder and the insurance company to perform the obligations as agreed by both parties., be it health insurance, car insurance, or travel insurance. However, the difficulty of processing these claimsClaim The demands are given by the insurance policyholder to get the right properly so that the insurer pays the conditions according to the existing procedure. is not without reason. Everything is in the agreement between the insurerInsurer A person who is legally listed in the insurance policy to make premium payments for that policy. and the buyer of the insurance policy and is legally bound. This means claims will not be carelessly rejected.

Here are the reasons for the rejection of your insurance claimInsurance claim A formal request made to the insurance company for compensation based on the terms of the insurance policy or agreement.:

Categories
Life Insurance

6 Common Mistakes in Buying Life Insurance You Should Know

Talking about insurance, maybe life insurance is the insurance that is still less popular than health insurance or unit-linked insurance. If you refer to the data held by the Life Insurance Association in my country, the total number of customers who have life insurance is fairly low. Even so, the insurance industry continues to grow every year.

At least this positive symptom is a sign that people are slowly becoming aware of the benefits of life insurance. Due to increasing age and heavy work, the riskRisk Risk is a loss that occurs to the insured individual or object. Various bad possibilities could happen to someone. of death that may be experienced also increases. Especially those who live in big cities. Because of that, people began to be interested in registering themselves to have life insurance.