Understanding the various types of property-related insurance and owner builder insurance in Australia
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Understanding the various types of property-related insurance and owner builder insurance in Australia
Posted: Apr 03, 2009 |Comments: 0
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Everybody knows Insurance. In this contract the insurer promises the insured to give compensation for the loss of the insured entity or death of the insured person. Premium is the amount which is paid by the insured to the insurance company on behalf of buying the insurance. Insurance is in fact similar to risk management.
There are certain rules and principles which are strictly followed by the insurance companies before insuring anything or anyone. Companies check the reliability of the information provided by the insurer, their earning capacity and the worth of
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