What is an insurance policy
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- Car insurance: There are many countries that require people who own cars to insure their cars، and the same is true in the case of buying a car by borrowing، and in this case the insurance is summarized in two types: liability insurance; Where it covers damage to the other vehicle in the event of an accident to the insured، and collision insurance that covers damage to the insured vehicle، and most car insurance policies cover cases of death that occur due to traffic accidents in the event that the insurer is legally responsible، knowing that there are coverages There are many types of car insurance، but the greater the insurance coverage، the greater the amount that is paid in installments.
- Fire insurance: This type of insurance compensates for losses that occur as a result of fires، explosions، and lightning، whether these losses are incurred by movable property، such as contents، or immovable ones، such as factories or commercial offices. Fire insurance can also include other types of risks.، which must be attached to the insurance policy، such as thefts، plane crashes، earthquakes، or damages resulting from vehicle collisions.
- General accident insurance: This type of insurance includes theft insurance، general liability، workers’ compensation insurance، livestock insurance، professional liability insurance، fidelity guarantee insurance، and cash insurance during its transfer from the bank to customers.
- Marine insurance: In marine insurance، protection is available for goods shipped by sea، air، land، or railways. They occur because of the risks that have been agreed upon in the insurance policy.
