World Business

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 »

The insurance contract is the means by which the insurer undertakes, on payment of a premium to compensate for damage or pay a sum of money to verify the possibility foreseen in the contract. The insurance contract may cover all risks whether insurable interest exists, unless expressly forbidden by law. The contractor or policyholder, who may agree or disagree with the policyholder, for its part, undertakes to make payment of the premium, in exchange for the coverage given by the insurer, which prevents him face greater economic damage, if the accident occurs. The insurance contract is consensual, the mutual rights and obligations of the insurer and insured, since the beginning has held the convention even before issuing a policy. By placing an insurance contract is sought financial protection of property or persons that may in future damage.Make sure you sign up for insurance before taking any private jet charters service. Read the rest of this entry »