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Insurance (Terminology (Compensation, Claim, Policy, Approved., Premium),…
Insurance
Terminology
Compensation
Claim
Policy
Approved.
Premium
Factors to consider when choosing insurance policy
Cover overlap
Extent of cover.
Needs and family circumstances
Independent advice
Cost
Types of Insurance
Health insurance
Motor Insurance
House Insurance
Mortgage protection
Life Assurance
Advantages of Insurance
Protects assets
Life Assurance provides protection.
Peace of mind
Health insurance provides physical protection
Income protection
What is Insurance
Form of protection
Provided by insurance companies
Against something that may happen
Life Assurance
Whole of Life Assurance
Endowment Assurance
Term Life Assurance
Health Insurance
Critical Illness
Health Insurance
Income protection
Property insurance
Contents
All risks
House insurance