WHAT IT MEANS TO INSURANCE I I’m interested to share my reading about insurance. I love to tell you guys about things that easy to understand and not difficult to be digested. well, we began what the insurance first.
INSURANCE: WHAT IS THE PURPOSE OF THE INSURANCE? !
What Is Insurance?
Meaning : the transfer of insurance / risk management, particularly risk of financial loss from one unit to another unit (an insurance company). If we had an accident or illness, the insurance will pay the cost of the treatment kis.
It was just that we are liable to pay advance in rate (payment primium) set by the insurance company. I saw this insurance system is often adopted by Malaysians, especially in the treatment of status in expensive private hospitals.
What are the advantages of Insurance?
Many advantages we have this insurance, which is provided .terutamanya money when we need when we are sick. In addition to protecting the family finances and also as a retirement fund us.
God willing, I’ll update as additional insurance. I do not want to promote insurance, I’m just easy to share definitions and information about it.