What are the benefit of insurance? and the major types of insurance.?

Posted on May 29, 2008 under Insurance Information |

11 Responses to “What are the benefit of insurance? and the major types of insurance.?”

  1. This is a huge question. Really, the best thing to do is sit with a good company that has been around for a long time and find out what you need. Insurance is not for everyone. Everyone has different needs. I have some good suggestions if you like. ;)

  2. The main benefit of insurance is to reimburse someone for their loss. As far as major types, I am not sure what you mean. There is homeowners insurance, liability insurance, auto insurance, life insurance, etc, etc. If you are asking about life insurance and all of the different types, I would advise you to speak to a financial advisor that has experience in that area. I would also make sure that he or she works with many different insurance companies. Depending on your circumstances and health, you will need to see quotes from a couple of different insurers and it makes it much easier if you deal with one person who can quarterback that for you.

    Good luck!!

  3. The benefit of insurance is that if something happens you have financial protection in place. Here is the history of insurance - http://www.findlocalinsurance.com/insurancelearn.html
    Some major types of insurance would be Property & Casualty, Life & Health, Commericial.

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