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Types of Insurance - Coggle Diagram
Types of Insurance
Car insurance
Advantages:
Provide stability and confidence
Potential tax relief benefits could exist
Protect against risk and financial loss
Provides guidance and legal expertise
Disadvantages:
Premiums can be expensive and based on the level of risk that us brought to the company
Have to follow exact requirements of the policy and paperwork
Home and content insurance
Advantages:
Protect against risk and financial loss
Potential tax relief benefits could exist
Provide stability and confidence
Provides guidance and legal expertise
Disadvantages:
Have to follow exact requirements of the policy and paperwork
Life assurance and insurance
Advantages:
Provide stability and confidence
Protect against risk and financial loss
Potential tax relief benefits could exist
Provides guidance and legal expertise
Disadvantages:
Act of God policy
Premiums can be expensive and based on the level of risk that is brought to the company
Have to follow exact requirements of the policy and paperwork
Travel insurance
Advantages:
Potential tax relief benefits could exist
Provide stability and confidence
Protect against risk and financial loss
Provides guidance and legal expertise
Disadvantages:
Act of God policy
Premiums can be expensive and based on the level of risk that is brought to the company
Have to follow exact requirements of the policy and paperwork
Pet insurance
Advantages:
Protect against risk and financial loss
Potential tax relief benefits could exist
Provide stability and confidence
Provides guidance and legal expertise
Disadvantages:
Premiums can be expensive and based on the level of risk to the company
have to follow exact requirements of the policy and paperwork
Health insurance
Advantages:
Provide stability and confidence
Protect against risk and financial loss
Potential tax relief benefits could exist
Provides guidance and legal expertise
Disadvantages:
Premiums can be expensive and based on the level of risk to the company