4359412
Description
Mind Map by ben.runswick, updated more than 1 year ago
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Created by ben.runswick
over 8 years ago
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Types of
Insurance
- House Insurance
- Take this cover to insure your home against loss or damage as a result of
fire, electricity fault, plumping malfunction, flood, etc.Policy often do not
include acts of god such as earthquakes,volcanic eruptions,tornadoes ect.
- Take this cover to insure your home against loss or damage as a result of
fire, electricity fault, plumping malfunction, flood, etc.Policy often do not
include acts of god such as earthquakes,volcanic eruptions,tornadoes ect.
- Personal Isurance
- Pet Insurance
- This will fully
compensate you if your
dog gets sick or hurt.
- This will fully
compensate you if your
dog gets sick or hurt.
- Travel
Isurance
- When travelling alone or with your family, this cover
ensures you’re compensated for any loss, damage,
injury, sickness or inconvenience that comes up as a
result. It may cover personal accidents, hijackings,
travel delays and more.
- Health
Isurance
- You’ll need it to ascertain continued flow of income if
you fall sick or get injured to the extent that you can’t
work and earn as before. It also covers cost of
medication, hospitalization and surgery.
- You’ll need it to ascertain continued flow of income if
you fall sick or get injured to the extent that you can’t
work and earn as before. It also covers cost of
medication, hospitalization and surgery.
- Gadget
Insurance
- This covers portable devices such as cell
phones, laptops or tablets. The cover ensures
replacement or repair of such devices if
they’re stolen, lost or damaged.
- This covers portable devices such as cell
phones, laptops or tablets. The cover ensures
replacement or repair of such devices if
they’re stolen, lost or damaged.
- Personal
Accident
Insurance
- This will compensate
you if at any single time
an external violent
event causes you
disability, injury or
death.
- This will compensate
you if at any single time
an external violent
event causes you
disability, injury or
death.
- Pet Insurance
- Vehicle Isurance
- Comprehensive
- A comprehensive insurance covers both
vehicles in an accident, it also covers you for
theft and accidental damage.
- A comprehensive insurance covers both
vehicles in an accident, it also covers you for
theft and accidental damage.
- Third party
- Third party insurance covers the
other driver in a crash, it also covers
theft and accidental damage.
- If you own a car, motor cycle or any other motor vehicle, this
insurance covers it against accident or theft.
- Comprehensive
- Life Assurance
- Pays out to the person left
behind.
- Whole life assurance.
- This is a policy that is active during the whole duration of the insured
individual’s life. The premiums are usually paid annually or monthly and
the primary advantage is that the protection given will not decline in value
or expire.
- This is a policy that is active during the whole duration of the insured
individual’s life. The premiums are usually paid annually or monthly and
the primary advantage is that the protection given will not decline in value
or expire.
- Term life assurance
- This insurance is available for a specific amount of time and the
payments at a fixed rate.The money is paid if the person who is
insured dies with in the time period.If the person does not die
with in this time then a lump sum of money is paid to the
insured or the policy is reactivated
- This insurance is available for a specific amount of time and the
payments at a fixed rate.The money is paid if the person who is
insured dies with in the time period.If the person does not die
with in this time then a lump sum of money is paid to the
insured or the policy is reactivated
- Pays out to the person left
behind.
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