Insurance is an agreement between Insured and Insurer on utmost good faith for covering financial/montary loss arising out of any eventuality of the former,to be compensated by the latter.There is no profit or extra monetary gain factor as a matter of fact,as insurance is not a lottery or investing in share market for lump sum gain.
Yes, as you will understand when you come to have to purchase insurance.
Yes, as you will understand when you come to have to purchase insurance.
Can't understand this question!!
What! Insurance pays for financial losses. I don't understand your question.
I do not understand this question.
Don't understand your question.
Double insurance is when you have something insured by two companies like when a husband and wife both have medical insurance on each other.
I don't understand this question. Please restate the question.
insurance cover for personal damages. Excesses can be very high so be sure that you understand the full implications.
It depends on the insurance company. Progressive dings you for it. I just dont understand why they would. If your violation is no insurance then how does that reflect your driving habits. The sheer fact of having insurance negates that type of moving violation.
I don't understand this question at all.
If I understand it correctly, Accidental Death and Dismembermant Insurance will pay ONLY if you lose a limb or are killed in an accident. Life Insurance pays when you die, regardless of how you die.