eummasy)
nsutana cRaseane a rarnat paduct
cosigned to protuet iniduali, bufrwsa,
against poten tal teea
and orgoanizatims
and RKA. ovoles a6 Conbactual
the
the
osusn and
reement betsun
insued, ushese he tn sue agrees to
tosses oY
-the insedfoy
Gompenat -the
damag in enchange -for a premium.
What s Snsusance polty?
Centractual
An fante
is a
polfey
?nswes nd the
betwee the
agreement to
n suted, uohee he insue agrees
in
against potankal
pote cion
Rovtde -frnanctal
lo ses T hsks in erchange for a
Rerniur.
Ruspeses
buane
O KisK rtanagement
-fhancol poteciorn
) Peace io mtnd
Soctal Secuetty
lho sSUa,io
inSueg
also
Knoon os an
Knooo inSulance
gansatioo
An n
Connpany
o unde
povicdes
witu,
undeewste
insusante overage t indiuidual
for a
that Y ganisatins i erchange
i se
inSuer sunes
bsinse4, the
Ronntum. the and
teses damages
agreeá topy
Aoy Cotered
btential he isued
oY reinbuuse
foy
(osses or espere4.
ho is inseusecd
insued, alo knoen as the poly
holde,
-The
also s ao ihdual, busnstes, or
that purchases
s
ovganistion he ensuted
from
the paty
that s proticke aqánst
Po ton ial lelles damags by the insatah eu
nsuanCe
u premiu
What
o nsuane, a Prerviurn
s the amount
indedual br bufin
that an
an
money orfany
an iotcuant cebange
lays to Tthe premium
a veglar bauis, Such a
Patd n
tiyptaly es cused to fund
the
Mentaly
ley cloim.
or amually,
osutana .
Cempany's
anol
opeatíons and
Pogdue of Pnsuancar
Spi Appl otiao and qoti
Stpa Unduong and polfoy Pseane
rsnana
Sttps+ herturo payment
and procsfng
Step 4ye clafms -fltng
Payment
ano
setement
Step 5 claims
Canaudisp.
Reruoal or
Dnsutanlet
)loalth nsanle
Poperty nuane
Ltabillty
Insusan
DisabfEty Pnsuane
ale nsuana
(ong-tum
(
-Annlttes
Trawl Ersutan
Cyber ntane
Buines nsuance etc