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InsuranceA contract in which payment of premiums covers the insured against something which may, or may not occur. For example motor insurance covers the insured against accidents which may occur. In the UK insurance is differentiated from assurance (life assurance) which is protection against something which will inevitably occur.InsuranceGuarding against property loss or damage making payments in the form of premiums to an insurance company, which pays an agreed-upon sum to the insured in the event of loss.Insurance Similar MatchesContract of insuranceContract of insuranceA contract between an insurer and the insured. The insurer agrees to pay money to the insured upon the occasion of given events in return for a single premium or regular premiums. Participating life insuranceParticipating life insuranceLife insurance which pays bonuses to policyholders based on the company's investment performance. The policyholder can sometimes choose whether to take the dividend in the form of cash, reinvest in the policy or pay a reduced premium. Insurance premium taxInsurance premium taxA tax imposed on certain insurance premiums where the risk is located in the UK. Contents insuranceContents insuranceThis protects your belongings and possessions that are not part of the fabric of your house. Contiguous lots Pieces of property that are adjoined. Third party insuranceThird party insuranceInsurance which covers against liability which the insured may incur to another person. Every driver in the UK has to be covered for third party motor insurance. If the you damage someone else's car, or injure someone, your third party insurance will pay for any damages you have to pay to the third party, but you will only be able to claim for damage to your own car if you have 'comprehensive' insurance. Further SuggestionsPayment protection insuranceKeyman Insurance Insurance dividend Uninsured motorist insurance social security disability income insurance personal accident insurance insurance policy Municipal bond insurance Life insurance policy casualty insurance uninsured motorist insurance liability insurance Insurance agent Mortgage Insurance Federal Deposit Insurance Corporation (FDIC) Reinsurance Credit insurance whole life insurance single premium life insurance Federal Deposit Insurance Corporation (fdic) indemnity insurance universal life insurance Insurance settlement credit insurance personal accident and sickness insurance |
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