Please enable JavaScript.
Coggle requires JavaScript to display documents.
INSURANCE, image, Industrial Life Assurance - Coggle Diagram
INSURANCE
Types of Insurance
Home Insurance
Property Insurance
Life Insurance
Auto Insurance
Health Insurance
Functions of Insurance
Primary Functions
Collective risk bearing
Evaluating risk
Providing protection
Provide Certainty
Secondary Functions
Covering larger risks with small capital
Helps in the development of larger industries
Preventing losses
Other Functions
Medium of earning foreign exchange
Risk Free trade
Is a savings and investment tool
nsurance provides indemnity
Personal Insurance
Convertible term assurance
Family income benefits
Decreasing term assurance
Term assurance
Ordinary life assurance
Whole life assurance
Endowment assurance
Assurances for children
Personal accident insurance
Permanent health insurance
Motor insurance
Marine liabilities
Fire insurance
Theft insurance
All risks insurance
Industrial Life Assurance
