Insurance: The Key for a Fearless and Happy Life

insurance, auto insurance, property insurance, shop insurance, liability insurance, commercial property insurance and so on. Sometimes we even feel frustrated when we think that the company’s promise to pay the money when we really need them is turning out to be uselessly as our life is running smooth and hassle free. But, you can never predict when the untoward incident may occur. To escape from the helplessness and the graveness of such situations the insurance acts as our savior.

You can simply say that Insurance is the payment of a small predictable amount of money (“premium”) to protect against a larger unpredictable expense (“loss/claim”). Thus, with the purchase of the insurance you can transfer the risk attached to the property, vehicle or other materials and equipment from yourself to the insurance company from whom you are purchasing the insurance for a stipulated fee.

With the uncertainty of life, people tend to buy all sorts of insurance now a days ranging from auto insurance, medical insurance to property insurance.