Category: Global Insurance

This topic covering about global insurance in the market and its complexity around the business world.

Categories
Global Insurance

Single Parent Must Have This Insurance For Financial Saving, Gain Peaceful Life

Common Mistakes in Buying Life Insurance - insurancewhat.com-6
Understand Right Before Buying Additional Insurance

Protecting and meeting the needs of the family alone as a single parent is not easy. Apart from having no friends to talk to about various things, single parents are also required to have the ability to provide what their families want and require, as well as those who still have partners.

Is it difficult? Of course, but that doesn’t mean you can’t. Now all the needs even to prepare for the future can be easily fulfilled. One of them is to have insurance.

So, do you, who are also single parents, already have one?

InsuranceWhat

Why is having insurance mandatory for single parents? The answer is insurance is important for everyone, including single parents. Because insurance can help single moms/dads cover costs for several needs such as the cost of children’s education as well as emergency situations such as treatment and hospitalization when sick and also compensation for children when they die.

More specifically, here are the types of insurance that single parents must have to protect personal and family finances:

Continue reading “Single Parent Must Have This Insurance For Financial Saving, Gain Peaceful Life”
Categories
Global Insurance

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

Types of Insurance For Novice Workers
Types of Insurance For Novice Workers You Should Know

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.

Continue reading “Types of Insurance For Novice Workers You Should Know, So You Don’t Choose the Wrong One”
Categories
Global Insurance Miscellaneous

5 Biggest Insurance User Mistakes You Should Know, Avoid These!

  • Post date
  • 6 minutes read
  • 20,678 views
  • Last Modified Last Updated: June 24, 2021 at 6:18 pm
How Insurance Work
How Does Insurance Work

In any case, we are required to be more intelligent individuals in dealing with any challenges that may arise suddenly. This must be done to minimize the losses that will be received by everyone. Unfortunately, not everyone has a good ability in managing life. So not infrequently who experience collapse. This is viewed from any side. Be it education, work, to prepare for retirement.

For example, in terms of education. A student is not able to manage himself to be able to complete his education period. At least on time. So that this incident will result in a waste of time, energy, and also costs.

Then the example from the work side, for example, the person cannot blend in well with the work environment, be it colleagues, bosses, workplaces, and others. Finally, the person can not contribute to a satisfactory work result. Both for himself and for the company.

Continue reading “5 Biggest Insurance User Mistakes You Should Know, Avoid These!”
Categories
Global Insurance

What is Agricultural Insurance, Benefits, and Mechanisms that You Must Know

  • Post date
  • 5 minutes read
  • 95,091 views
  • Last Modified Last Updated: June 21, 2021 at 10:15 pm
What is Agricultural Insurance, Benefits, and Mechanisms
What is Agricultural Insurance, Benefits, and Mechanisms: Farm Type

Working with things related to nature has become the culture and initial characteristics of society. Jobs related to nature are farmers. Farmers who own a plot of land will face the threat of risk of great loss if nature does not support it.

Many events such as the rainy season, floods, landslides, and even the arrival of unexpected pests cause agriculture to fail completely. Modern farmers must understand and be able to anticipate the threat of agricultural risksRisk Risk is a loss that occurs to the insured individual or object. Various bad possibilities could happen to someone. in the current era.

If the unexpected (force major) disturbance occurs, farmers often take shortcuts by visiting middlemen to borrow money to rebuild failed farms. After the agricultural products come out, the middlemen will buy agricultural products at very low prices in exchange for paying farmers who have borrowed money.

Continue reading “What is Agricultural Insurance, Benefits, and Mechanisms that You Must Know”
Categories
Global Insurance

These are 5 Important Insurance Choices for Anticipating Natural Disasters

  • Post date
  • 4 minutes read
  • 1,482 views
  • Last Modified Last Updated: June 14, 2021 at 7:45 pm
Important Insurance Choice for Anticipating Natural Disasters
Important Insurance Choice for Anticipating Natural Disasters: Status Volcano is on alert

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.

Continue reading “These are 5 Important Insurance Choices for Anticipating Natural Disasters”
Categories
Global Insurance

Know the Types of Insurance Based on the Basic Aspects

  • Post date
  • 6 minutes read
  • Sticky post
  • 21,144 views
  • Last Modified Last Updated: June 21, 2021 at 7:51 pm
Know the Types of Insurance Based on the Basic Aspects
Know the Types of Insurance Based on the Basic Aspects: Insurance Based on Management

Insurance as a form of riskRisk Risk is a loss that occurs to the insured individual or object. Various bad possibilities could happen to someone. reduction allows you to minimize losses arising from an unwanted event. The many risk factors, in the end, make you also have to choose what kind of protection is suitable for you.

These various risks that can happen to anyone, anywhere, and at any time make many types and products issued by the insurance company. This is all to accommodate the needs of the community who need a sense of security and protection from the shadows of adverse risksRisk Risk is a loss that occurs to the insured individual or object. Various bad possibilities could happen to someone..

The types of insurance are very diverse and cannot only be seen from one aspect of the difference. There are different types of insurance in terms of management. There are also types of insurance that are distinguished based on their operational objectives. Finally, there are types of insurance that are differentiated according to the type of coverage.

The types of insurance will affect the various products produced. By knowing these two things, you can adjust the selection of insurance that feels most appropriate to your needs. The following is an explanation of the various types and insurance products.

Continue reading “Know the Types of Insurance Based on the Basic Aspects”
Categories
Global Insurance Liability Insurance

7 Types of Risk in Insurance Industry That You Must Know

  • Post date
  • 6 minutes read
  • 165,826 views
  • Last Modified Last Updated: May 31, 2021 at 10:03 pm
Types of Risk in Insurance Industry
Types of Risk in Insurance Industry: Understanding and Benefits of Insurance

Insurance is a business of taking risksRisk Risk is a loss that occurs to the insured individual or object. Various bad possibilities could happen to someone. from the customer to the insurance company to feel comfortable joining the insurance program. Insurance must be smart in controlling risks so that the business is profitable so that customers also feel comfortable joining the programs offered. Before getting to know more about the types of risks that exist in the insurance industry, customers need to first understand the benefits of insurance itself. Here is the full review.

Continue reading “7 Types of Risk in Insurance Industry That You Must Know”
Categories
Global Insurance Life Insurance

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

  • Post date
  • 4 minutes read
  • 1,653 views
  • Last Modified Last Updated: May 10, 2021 at 1:16 pm
Types of Riders in Insurance
Take advantage of Payor Benefits for Your Family

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.

Continue reading “Know These 4 Types of Riders in Insurance that You Can Utilize Optimally”
Categories
Global Insurance

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

  • Post date
  • 6 minutes read
  • 19,750 views
  • Last Modified Last Updated: May 2, 2021 at 7:28 pm
Benefits of Having Personal Accident Insurance
Personal Accident Insurance Benefits Not only Protects from Accident Risk

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.

Continue reading “Benefits of Having Personal Accident Insurance, Everything You Need to Know”
Categories
Global Insurance Miscellaneous

These are 60 Insurance Terms You Need to Know, So You Don’t Fail To Understand

  • Post date
  • 6 minutes read
  • Sticky post
  • 48,443 views
  • Last Modified Last Updated: May 2, 2021 at 9:47 pm
Insurance Terms You Need to Know
Insurance Terms Illustration

Many terms in the insurance world are not widely known or understood by ordinary people. Even though this is important so that they can understand when buying insurance products and can choose insurance that suits their needs.

For those of you who want to take out insurance or plan to buy insurance. Understanding insurance terms is something that cannot be underestimated.

Generally, a number of terms in insurance use English, but some use loanwords. All terms in the insurance can be found in the handbook provided by the insurance provider/company to policyholders.

But you don’t need to worry about this first. For those of you who don’t know much or don’t have enough time to study 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., here is a summary from InsuranceWhat.com about common terms in insurance that are important to know and their definitions.

Continue reading “These are 60 Insurance Terms You Need to Know, So You Don’t Fail To Understand”