Insurance Basics

What are the requirements of insurance? Read more on www.dmv.ca.gov There are prerequisites that must be satisfied in order to qualify for insurance coverage. Insurance is created to shield people, companies, and organizations from monetary loss in the case of an accident or unforeseen incident. Anyone intending to acquire coverage must be aware of the … Read more

How do insurances work? The basic concept of insurance is that one party, the insurer, will guarantee payment for an uncertain future event. Meanwhile, another party, the insured or the policyholder, pays a smaller premium to the insurer in exchange for that protection on that uncertain future occurrence. Read more on www.investopedia.com A contract between … Read more