The world of insurance is far more interesting than you just think about! Insurance means protection from financial loss. It is a form of risk management which is primarily used to hedge against the risk of a contingent or uncertain loss. There are various types of insurances available such as Short term insurance ombudsman who charges to represent the interests of the public by investigating and addressing certain complaints of the violation of rights. Here are some astonishing facts which are extremely hard to believe! Your home insurance probably covers volcano and meteor damage: [caption id="attachment_34" align="aligncenter" width="860"] Volcano and meteor damage[/caption] Hard to believe, right?
Public liability insurance is the most important cover you must know about! It does not only pay for the claims you attain but also topples a succesful business putting ideal customers and partners to your services. In simple words, the public liability helps a customer or the third party helping them cover up any kind of damage as a result of their business activities. This means that you would have to pay the compensation claim and incurred legal expenses, but you can cover all these with the public liability insurance. In case a person slips on a wet floor in your business premises or someone falls on some stairs because of a ripped carpet, your business could be liable in a way its responsibility to provide a safe environment for the public.
Are you a traveller or a globetrotter? If yes, then of course you must be travelling around the world or have dreamt of doing so in future. But has this basic question ever entered your mind: Is it important to have a travel insurance? Well, an answer to this is of course, yes. The importance of travel insurance includes various unknown benefits which you must know and strive to have one, if you haven’t got yours yet. To avail it, you have a wide variety of options to choose from such as discovery travel insurance or the most common hollard travel insurance which makes sure that being in South Africa it is the continent’s largest independent and privately owned insurance group going from strength to strength for over 29 years which will help you to have all the necessary travel things in no time!