Thursday, July 2, 2015
How many types of insurance are available in the market right now?
- Health insurances
- Life insurances – insurance which pays a lump sum to survivors after a person dies. There are two types of life insurance: pure insurance (term life insurance – 5 years term, 10 years term, 20 years term,..) and cash-value insurance (whole life insurance, universal life insurance, variable life insurance,…). Life insurance which involves investment is cash-value insurance.
- Auto insurances – car insurance, motorcycle insurance,…
- Home insurances – insurance which cover if something happens to your property.
- Mortgage insurances
- Flood insurances – insurance which covers the property if the property got damaged because of flood.
- Travel insurances
- Business insurances – general liability insurance, product liability insurance, commercial property insurance, professional liability insurance, home-based business insurance…
- Accidental insurances
- Credit insurances
- Disable insurances
- Long term care insurances
- Wage insurances – a type of insurance which covers the wage of a person when he/she is unable to work.
- Gap insurances
- Long term insurances
- Short term insurances
Check insurances and other money savings for more great helpful stuff.
Yaskme
July 2, 2015 8:38 am
Sources:
- money.cnn.com/retirement/guide/insurance_life.moneymag
- sba.gov/content/types-business-insurance
Original posted on Yaskme, JobJit…
Reposted: VNN, July 16, 2025 10:20 P.M.