Risk is something we face everyday, they are possibilities that something may occur, something bad and the only way to tackle these risks is with the help of an insurance claim.
Insurance ca
n be define as a means of pooling risk against unforseen circumstances. An insurance claim helps an individual to recover from a loss. Insurance is quite important in our lives.
They are different types of insurance one can take up in different circumstances. We have fire insurance, this is for loss incurred a result of fire outbreak.
Marine Insurance - insurance claim for Loss against Ship
Life Assurance - Insurance Against loss of life. And many more.
For me, I will say insurance is our number one way of feeling safe, because you with insurance any damages incurred, you will be indemnify back to your original position. So always stay insured because risk is something that can't be predicted.
In our next post we will be discussing on the various types of insurance claim and why we should take them.