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What else can I help you with?
Why is Saga insurance a good investment?
Saga Insurance is a good investment. Seniors and older people may find that a fixed income investments comes with less financial risk. It allows them to have a fixed monthly income, perfect for retirement.
Is risk insurance and risk insurance management are same?
According to my opinion or my experience risk insurance and risk insurance management are differ from each other. Risk Insurance is the risk that is insured Risk Insurance Management Consist of process How the Risk can be manage it include prevention of risk and minimization of risk and many other proces.
Do you need risk management or insurance?
do you need risk management or insurance
Should I get income protection?
Income protection insurance can be a valuable financial safety net if you rely on your income to cover living expenses. It can provide a source of income if you are unable to work due to illness or injury. Consider your financial situation and the level of risk you are comfortable with before deciding if income protection is right for you.
When was Insurance Risk Managers created?
Insurance Risk Managers was created in 1995.
What is sum at risk in insurance industry?
sum at risk means the total risk or insurance cover borne by policyholder.
Can you buy disability insurance if you're retired?
Disability insurance protects a person's ability to work and earn an income. If a person is already retired, than they are no longer working or earning an income, which leaves no income to insure. In retirement there is a type of coverage called Long-Term Care insurance, which should be considered instead. This type of coverage is very similar to disability insurance, only rather than protecting one's ability to work and earn an income, it protects a person's assets and savings. It shifts the risk of having to pay for long-term care from the individual to the insurance company.
What is the actual meaning of insurance?
The term insurance means the transfer of risk from one person to another, usually a company specializing in the insurance industry. You can transfer any type of risk be it the risk of wrecking your automobile, the risk of dying, the risk of a storm damaging your home. The type of risk dealt with in insurance is always the risk of financial loss.
What is risk based insurance?
Both life and general insurance policies are risk based. In the case of life insurance policy, the risk is human life based. In general insurance, the risk whether cash/kind varies as per specific nature of the policy.In fact insurance policy is a substitute against avertment of risk factor.
Shall we renew the 3 months lapsed health insurance policy?
As with all insurances, that depends on how much you are prepared to reduce risk within the envelope of your disposable income.
What does IE insurability mean?
IE insurability refers to the insurability of an entity or individual in the context of insurance underwriting, particularly in areas related to income and employment. It assesses the risk associated with providing insurance coverage based on factors like health, occupation, lifestyle, and other relevant criteria. Insurers evaluate these factors to determine if they will accept the risk and under what terms. Essentially, it helps ensure that the insurance offered is appropriate for the risk presented.
In what way does insurance 'pool risk'?
Insurance pool risk by providing protection against disastrous risk such as fires,floods,earthquakes,accidents
