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Global Insurance

Types of Insurance For Novice Workers You Should Know, So You Don’t Choose the Wrong One

In times like today, insurance is an unavoidable necessity. However, if you are a novice worker, of course, not all insurance products must be taken. Know, the most important thing for novice workers when choosing an insurance product is a matter of prioritizing.

Financial experts recommend first ranking the most urgent needs. The reason is, if all products are considered important, it means that none of them are really important.

When planning finances, first understand the scale of priorities. Instead, identify every need because even though it’s called insurance, it doesn’t mean you have to take everything.

After the identification process and needs analysis have been carried out, the next step is to set aside about 10% of the total income to purchase certain types of insurance. If the above is successfully practiced properly, then the term not having a budget to simply buy 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. or insurance products will no longer exist.

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Global Insurance

These are 5 Important Insurance Choices for Anticipating Natural Disasters

Disasters cannot be predicted when they will occur. This is felt by thousands of residents in one place, for example, who are worried about the condition of the volcano, which is currently on an alert level. The eruption of a volcano located in an area is indeed predicted by the Center for Volcanology and Geological Hazard Mitigation, it is only a matter of time.

This means that at any time the volcano could potentially erupt and spill hot lava. Therefore they fled, seeking shelter from the impending disaster. Earthquakes often occur in the Volcano and surrounding areas, residents evacuate, they hope to save themselves, family members, and some property that can still be saved before the eruption occurs.

The safety of life is paramount, especially when considering the volcanic eruptions in the past which claimed a thousand lives and various damage left behind.

Indeed, we cannot prevent natural disasters from happening because everything is the power of God Almighty, what we can do is reduce the impact of natural disasters that will happen to us. How to? Of course, we must have protection against ourselves and our property, namely by having insurance.

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Home Property Insurance

Do I Need Renters Insurance, The Ins and Outs of Insurance For Home Renters

Almost every item can now be 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., including property. Insurance regarding the property itself has spread everywhere. But most people only know insurance related to the property they own. What if the house is a rental residence. Is there also insurance for renters?

Do I Need Renters Insurance? An overview of Insurance for Property Renters

In the world of property rentals, unit owners tend to insure their property to be safe. But not many tenants have taken similar action and bought renters insurance. They consider the owner’s insurance sufficient to cover property damage that may occur.

Even though insurance for renters has more functions than that. In simple terms, renter insurance can be interpreted as:

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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!

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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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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 Miscellaneous

12 Most Bizarre Insurance in the World, the 12th is Really Weird and Absurd

Many people already understand how important insurance is in life. By having insurance, your condition in the future will be guaranteed by the insurance company so that the losses you feel will be reduced. Generally, insurance is divided into several types, namely life, health, property, and motor vehicle insurance. However, this does not apply to the following 12 people. They insure for things that are not common, so you could say this is the weirdest insurance in the world. Curious?

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Global Insurance

How Often Do You Use Public Transport? Protect Yourself with these 3 Types of Insurance

Using public transportation modes has become a necessity for many people. For example, going to the office, to a friend’s house, shopping at the mall, and so on. However, just like when using a private vehicle, the use of public transportation certainly also has the riskRisk Risk is a loss that occurs to the insured individual or object. Various bad possibilities could happen to someone. of accidents that can cause injury or even death.

The use of insurance is one of the right ways to manage various risksRisk Risk is a loss that occurs to the insured individual or object. Various bad possibilities could happen to someone. while using public transportation. Although it is widely known, the level of use of insurance products in the community is still very low, especially for this type of insurance.

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Financial Tips Health Insurance

How to Get the Most Out of Your Health Insurance, Health Insurance Hacks in 4 Ways

For those who already know the pain of being sick and have been confused about the cost of treatment at the hospital, they must agree that health insurance is very important.

Even the government through the Health program service requires every company to register its employees to have this health insurance. With most of the contributions borne by the company, and a small part is deducted from the employee’s salary.

However, apart from the government health programs, private health insurance is still widely used, especially by those who work in a company.