
Top Insurance Companies in US
What is insurance? Insurance is a contract between an insurance company and the insurance taker, it is represented as a policy that assures in case of any financial risk or loss due to damage to the insured or his property, or if he’s liable for damage/injury caused to a third party, then insurance company will compensate against his losses. How insurance works? Insurance works as during the lifetime of a policy, if you make regular payments, known as premiums to the insurance company then if you make a claim your insurer will pay out for the loss that is covered under that policy. Why do you need insurance? Insurance is important for you if you’re not financially sound and ready for an emergency need of fund. When you buy insurance, the insurance company…