Industrial Life Assurance - Coggle Diagram
Industrial Life Assurance
Personal accident insurance
The intention of the basic policy is to provide compensation in the event of an accident causing death or injury.
Permanent health insurance
It provides benefits for those who are disabled for longer periods or who, due to accident or illness, have to change to a lower paid occupation.
Third party only
Third party, fire and theft
Marine and transport insurance
insurance that pays for damage to ships or goods transported by ship.
The basic intention of the fire policy is to provide compensation to the insured person in the event of there being damage to the property insured.
Theft policies have the same aim as the standard fire policy, in that they intend to provide compensation to the insured in the event of loss of the property insured.
All risks insurance
a type of insurance that pays for all types of loss or damage, except in the circumstances mentioned.