Name different types of insurance services. How much do you know?

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Name different types of insurance services. Agree, such a request can be taken by surprise. How many of these services do you know? Many are aware that you need to try to secure the car and your life. Modern insurance services, the types of which are constantly increasing in number, are represented by a larger list of subspecies than the volume that is familiar to most people.

In addition, a considerable number of organizations in this industry contribute to the integration of such services in all areas of service. What does it give? Various types of insurance services are getting closer to the end customer.

Let's consider the most popular of them, having previously divided all types into groups.

Personal insurance

The first group includes:

1. Life insurance. A person can conclude a contract for a certain amount. With this type, endowment insurance is the most popular. Using this principle, the policyholder makes monthly deductions. Gradually, soThus, a good amount accumulates. If stipulated by the contract, then the company can still charge interest on this amount, that is, this is a kind of deposit that will be paid to the family of the insured person in the event of his death.

2. From accidents and diseases. If asked, what are the different types of insurance services that you know. And don't forget about the insurance that all large organizations use in an attempt to reduce the risk of incurring a loss due to absenteeism or an accident at work. This type is popular both in personal needs and in commercial ones. People try to protect themselves in the event that, due to circumstances beyond their control, they cease to be capable and earn money. There are such types of professions when it will be difficult for a person to protect himself from accidents and diseases: miners, pilots of aircraft, military and others. The most important thing is before signing the contract, to undergo an examination by a doctor and indicate its results in the questionnaire. Otherwise, in the event of an insured event, the company may simply refuse to pay you, referring to the fact that you hid your illnesses from it.

3. He alth insurance. Considering the types of insurance services in Russia, we can conclude that this particular one is not popular in the Russian Federation. At the same time, it is mandatory in some countries of the foreign world. Monthly deductions in the form of insurance payments are implied.

Savings system

When, for example, you need to go to the dentist, the company youchoose to pay for the treatment for you. This is very convenient, besides, good treatment is quite expensive, and not many people can immediately pay for it. Gradually, in the Russian Federation, the number of insurers who have signed a contract for medical financial protection is increasing, but these are mainly people with upper-middle incomes.

Property insurance

The following species are distinguished in the second group:

• Land transport insurance. The most popular of this type are full and partial CASCO. With the registration of CASCO, people may have problems. Firstly, it is very expensive, and not all cars will fit, as insurance companies set their own limits on the age and value of the car. If the vehicle is older (mostly not taken if more than 7 years old) or too expensive, then not all insurers will want to conclude a contract with you for their services.

• Protection of air transport. Since air transport is not so common, not all insurers undertake to give financial guarantees for such a vehicle. The amount of payments under contracts for air transport insurance is much higher than in the case of automobile insurance.
• Water transport insurance. Basically, this view is issued by ship owners who want to protect themselves in case of a crash.
• Cargo protection. It is a very popular type of service, which is actively used in cargo transportation. It is very important to be sure thatin case of unsuccessful transportation of valuable cargo, the insurance company will assume obligations and pay compensation.

Liability insurance

The third group includes liability insurance and includes:

1. Guaranteeing the civil liability of vehicle owners. If you are asked to remember the types of insurance in this group, name the various types of insurance services, among which mention the “autocitizen”. It is more correct to call such a service civil liability insurance. In companies, it is called OSAGO. According to the current legislation of the Russian Federation, the civil liability of the owners of absolutely all vehicles must be insured.

2. Carrier liability insurance. It is also a must. In this case, the risk of harm or damage to passengers is foreseen. The main thing (which all users of fixed-route taxis and other buses forget) is to always take a ticket. Because traveling without a ticket is prohibited.

That's not all

In fact, if you turn to an expert with the phrase: "Name the different types of insurance services," he will remember a much larger number than indicated in this article. In today's world, you can secure some important transactions between corporations, assets, financial transactions and much more.

At the same time, in the process of developing insurance services,types of which are becoming increasingly associated with deposit and pension offers, are an integral part of society. If the insured event did not happen, then with the accumulative type of service, your money will simply be returned to you.