Life Insurance
In simple terms, insurance allows someone who suffers a loss or accident to be compensated for the effect of their misfortune. It lets you protect yourself against everyday risks to your health, home and financial situation.
There are many different types of insurance:
You are unlikely to need every single one of these , so read around , choose carefully and remember to read the small print.
- Travel: Holidays can be dangerious occasions-especially abroad . If someone falls ill it is much more difficult than it would be at home to cope with the situation. Medical treatment is expensive.
- Household contents and building insurance: Contents insurance covers the contents of a home such as furniture, carpets, clothes, television, refrigerators, jewelery and so n. In other words, what you would take with you if you moved buildings insurance protects against damage to the actual structure of the home and to its fixtures and fitting . Contents and buildings policies can be bought separately or together in one package.
- Car Insurance: Most people know something about motor insurance . This is because any vehicle driven on public roads must have a certain level of insurance. The road traffic act ensures that drivers must meet liabilities they incur should they injure other people or cause damage in an accident.