different types of car insurance with motor insurance

Let this time we will discuss the different types of car insurance with motor insurance ..

Broadly speaking, insurance consists of three categories, namely:

Insurance

Consisting of insurance for the property (property, vehicles), financial interest (pecuniary), legal responsibility (liability) and self-insurance (accident or health).

Life insurance

Essentially a form of cooperation among people who avoid or at least reduce the risks posed by the risk of death (which would happen but not sure when it happened), the risk of old age (which is inevitable and predictable when it happens, but it is uncertain how old) and the risk of accidents (which are not inevitable, but not impossible). Where cooperation is coordinated by the insurance company, which works on the basis of law of large numbers (the law of large numbers), which spread the risk to people who want to cooperate. Included in programs such as life insurance: insurance for education, retirement, investment, stages, health.

Social Insurance

Social insurance is compulsory insurance program organized by the government under the Act. The aims and objectives of social insurance is to provide a basic guarantee for the public and are not intended for commercial gain.

At this time has developed various types of insurance in society, in risk management, insurance allows the sharing and transfer risk, this is the best way to compensate. Most people do not understand the fundamental differences in the types of insurance, but to determine the insurance program that best matches your needs, we must recognize the types of insurance.

Insurance is divided into two main types

1. Traditional Insurance

2. Non-Traditional Insurance (modern)

In the Traditional insurance, divided several types of insurance, this insurance typically has long been used by many consumers.

Traditional insurance consists of:

1. TERM

2. Wholelife

3. Endowment

Explanation TERM

- You never know about or Motor Car Insurance? Or maybe health insurance? Well kind of term insurance is usually purchased by many people, because the premium payment is cheap and getting great benefits. In other words, pay less, failure by many, but if it is not used in insurance claims and does not occur, then the money we deposited will be forfeited. From that fact, we can see, there is no savings element in this type of insurance, so call us to buy our security guarantee within a year or a certain period. We pay the same as travel insurance, the time will be billed an amount of money on a plane, after getting off the plane safely, the contract is completed. Due to the premium payment period is not specified, then every year, premiums will increase with increasing age the insured.

Explanation Wholelife

- Wholelife, meaning a lifetime. This type of insurance protects the insured until the end of the age, is usually covered up to age 99 years. And incredibly! premium payment period is determined from the beginning, there can be no extension of the premium payment period. If elected for a 5 year, yes five years of pay, then a lifetime will not be billed again, whenever we die, we can still claim the sum assured that we have planned. Because the system is saved, then started the second year of the policy cash value that is formed, in a certain year the savings can be captured at up to 80%. Keren ga? Besides the permanent protection of the road continues, there are also savings, cash value but not much compared to the value PROTECTION.

Explanation Endowment

- Endowment, this is life insurance with a value greater savings. In certain years the savings could be withdrawn in accordance with the program. Usually this type of insurance known for its insurance education insurance or pension funds. Insurance education is determined when the money could be taken for school fees dear. Endowment system, the savings are a bonus life insurance, if something happens during saving, then we get the sum assured as death benefit, but in the event the obligation to pay claims, insurance companies still pay the claim until the completion of his contract. Usually the premium being offered is much larger than the type and Wholelife TERM.

Example: Budi took 32 years for child education insurance Desi, 2 years. At the time of paying the premiums, at the age of 36 years Budi Dead. At that time the wife of Mr. Budi get the death benefit specified amount UP, free and pay the premiums. At the age of 7 years Desi, Desi still get a scheduled educational claims, and at age 13, age 16, age 19 years, and so on.

Okay, we'll talk a little about Non-Traditional Insurance

Non-Traditional Insurance or so-called modern insurance, is insurance to the type of UNIT-LINK. Where the Unit Link Insurance is very popular at the moment, why? because Unit-Link is a type of insurance that combines the Life Insurance and Investments. Life insurance is mated with the investment, is the type TERM. Remember! TERM if it is a short-term insurance, and insurance costs could rise with age.

UNIT LINK = TERM + Investment

Most people take the Unit Link because he wanted to save the results are many orders of magnitude, than have to save money in the bank, with interest does not amount to much. By investing or mutual fund, the money we invest will grow prolifically. But the thing to remember, the bigger the profit, the greater the risk.

Investment may increase and may decline, according to the economic development of the nation at that time. In times of crisis, then certainly the value of investments that we have fallen dramatically, and consequently the value of our savings will be depleted. If so, do not protest dong .. did not gain much pingin, means it must bear the loss as well .. :)

Certainly, in the type of unit-linked insurance, have no cash value is guaranteed, even the company that issued the insurance policy, can not promise the cash value earned in the year X. Another case of traditional insurance, in her policy is clearly set forth the guaranteed cash value and is obtained in X.

As there is no guaranteed cash value, probably in the year to 11 or more, the insured must pay the premiums back, though promised to pay only 10 years, in fact not listed in the policy premium payment period, so the premiums can be charged back at any time.

Unit Link, bear the cost of insurance is the type TERM, then the annual cost will rise with age, and the cash value that is formed will cut insurance costs and other administrative costs.

How is an explanation of Insurance

any questions?

Before you choose the right insurance for you, you should consult truly understand the concept of insurance. Since everyone has different characteristics in managing finances.

baiklan this time we will discuss the differences between auto insurance with motor insurance.

What Kind of Car Insurance What do you have?

Better to keep than to cure, the phrase is indeed appropriate to entrust their car insurance to keep their cars. Driving by car to be safe, if things happen that are not in want of existing insurers that will cover everything.

Then how do I choose a good vehicle insurance and be responsible? There are several considerations that we must do to determine the proper insurance to choose.

Make sure in advance who will be selected auto insurance including insurance categories that have got a good predicate. Because with this certification are clearly indicates that the insurance is a reliable, trusted, and proven to be responsible in serving its customers claim.

When the insurance claims process should be examined first, there are some cars when insurance claims process customer receives a convoluted one. We are sometimes asked to complete the things that are unnecessary, or may have to argue back when surveyed.

Spare parts are an important part in your car, make sure the car insurance that is used to ensure genuine spare parts and warranty. Be careful with this insurance does not guarantee that prove fatal. For that, before we should really check out how his ministry against the damage caused by car accidents.

Many car insurers that rely on and provide cheap rates alone but its protection is not very satisfactory service, the service is not 24 hours. Choose insurance with 24-hour alertness and extensive protection areas throughout Indonesia. So when you go out of town do not worry if there are problems with your car.

Wherever possible select Allrisk insurance that can guarantee all the risks due to a disturbance of public order committed by a group of people, also ensures the losses caused by flood waters.

Lastly select the car insurance that has a lot of options in terms of premium payment. Can be done with cash, wire transfer, or credit card.

Type or Type Motorcycle Insurance (Motor Vehicle)

August 13th, 2010cossierandiLeave a commentGo to comments

Maybe this article is slightly distorted with the actual theme. but the article about the types of insurance (insurance) is very useful vehicle for users of motor vehicles or motorcycles. Especially for those who buy on credit. Due to the existence of insurance (insurances) motorcycle that you have is guaranteed not to be hurt.

There is a story about my friend who never lost his bike in front of a cafe where she often hung there. Online hangout hangout in a sense. Because my friend did this one seems to have a high level Maya virus infestation. Online he was so much fun (whether it's just facebukan or open-open the site about Ariel Luna case that still has not finished) unwittingly bought a motorcycle on credit disappeared without a trace. Thank God for insurance (insurances) motorcycles in the marriage contract agreement with the purchase of the bike.

Understanding Insurance (insurances) is a system for financial loss by channeling lower risk of loss and damages from any person or entity to another.

Insurance (insurances) ensure the security of your motorcycle from all aspects whether it be theft kejahatah, burned, kicked the same person or the owner himself (while he was angry sometimes extreme acts were carried out). Hehehe ... kidding ..

As is well known, that with your bike on diasuransikannya insurance agency ((insurances) motor vehicle that is in some ways the security of your bike has been covered by insurance (insurances) motor. Liability insurance (insurances) motor vehicles including motor physical damage either major or minor to the overall motor losses.

Kinds and types of insurance (insurances) vehicles:

Basically for motor vehicles there are two types of motor vehicle insurance is generally used on two-wheeled motor vehicles of Total Lost and All Risk. But it's best to choose which type of insurance (insurances) motor vehicles suitable for your bike then you should understand what kind of motor vehicle insurance that best suits both economically and functionally.

* Total Lost: Insurance (insurances) total lost is an insurance claim (insurances) will be granted when there has been damage to motor vehicles in total can not exceed 70% diricovery or - in this case as if you were lost in the stolen vehicle malin, burning or can not be destroyed until repaired as a result of an accident. Usually when you buy a new motor is then automatically credit you've got a guaranteed motor insurance (insurances) Total Lost motor vehicle from the leasing agency you use.

* All Risk Insurance (insurances) are all risk insurance (insurances) motor vehicles that will cover all sorts of damage to both major motor vehicle until the damage minor. Users insurance (insurances) only pay the cost of claims to get a replacement even though the damage on the bike only minor damage. But to get a warranty insurance policy (insurances) motor vehicles with All types of insurance risk will usually be charged higher than the total lost insurance - usually worn 3 or 4 permil.

Above is the type or types of insurance (insurances) motorcycles or motor vehicles that may be important also known to ensure the safety of motorcycles or motor vehicles your pet.i think that's all..
thanks,

Related Post