Life and Health is mainly vital facts
for a man are his own living. Due to that purpose man is thinking to protect
his life and health and he acquires some steps for this reason. The most vital
secure way is to get insurance of any type. Insurance is used for general
purpose like life insurance, car
and auto insurance, health insurance and motor insurance. The
Insurance accomplished in case of death, illness and accident.
Why personal insurance is essential?
Why personal insurance is required
for person himself. Here in the world all peoples are not rich or well
settled. A vast population of world is live hand to mouth. Those public are
worried about the future of their families, children and wives. After their
death, where their families will go and how they will stay alive. All insurance
companies are organized to provide relief them from their financial worry.
After the death or accident, insurance companies provide sum money to the
family or insured relatives.
As above described that there are a lot of types of insurance, death is an intense condition for which personal insurance is number one. But many citizens plan the future of their children and get educational insurance to meet up the expenses of higher education of children. Children obtain money on that time when they need money for higher education. Educational insurance completes at the end of full age limit 18 years. If a man is working in a dangerous zone or his job condition is too difficult and there is a chance of any accidental death or injuries. Then personal insurance will also help to you.
Life insurance
is like bank deposit. In this type of insurance person will pay a certain sum
of insurance payment in every year for some years. At the end insurance company
will return 3 or 5 time more payment to that person.
How many kinds of
Life insurance?
There are mainly three kinds of
Life-Insurance are considers:
- Story insurance
- Risk insurance
- Kip insurance