Posts Tagged ‘Insurance basics’

Insurance Basics

All conditions are in the insurance contract. This clause must be read very carefully. Every year, insurers earn big money for services that come with the contract and are not claimed by the insured.

Insurance all over the world, has a dual role, the economic and social:

  • Economic function: it eliminates the economic uncertainty about the future achieving greater efficiency, wealth stabilized, combat poverty and stimulate savings.
  • Social function: it stimulates the forecast, contributes to improving health. Read the rest of this entry »