It is an insurance whose purpose is to ensure the risks related to a vehicle and its occupants. The policyholder is obliged to pay the premium. In return, if an accident or damage occurs, the insurer faces the expenses, pays a sum of money or offers another type of benefits, depending on the coverages contracted in the policy.
The law requires the purchase of insurance that covers, at least, the civil liability derived from the use and circulation of the insured car.
The most common types of car insurance are:
- Insurance against third parties: it is the mandatory minimum. It covers the civil responsibility of the driver in front of third parties.
- Comprehensive insurance: provides total protection of the vehicle against any damage.
- Insurance with franchise: In case of damage to the car, the policyholder or insured pays part of the repair and the rest the insurer.
It is an insurance whose purpose is to protect the owners or tenants of a home against the economic losses that may be suffered by the insured or the injured third parties, derived from a great variety of risks.
The policyholder is obliged to pay the premium. In return, if an accident or damage occurs, the insurer faces the expenses, pays a sum of money or offers other benefits, according to the coverages contracted in the insurance policy.
Depending on the type of insurance chosen, the insurance can cover both the continent and the contents of the home as well as extra-contractual civil liability with respect to the obligation to compensate the damages caused to a third party up to the limit amount contracted.
The continent is the set formed by the main construction and the accessories of the insured home, such as fixed installations and fixed appliances for housing services, as well as gardens, exterior enclosures and sports or recreational facilities. The content consists of furniture and equipment, cash, jewelry, special items (precious metals, works of art, antiques, etc.).
It is an insurance by means of which the beneficiaries are guaranteed the collection of a capital upon the occurrence of any of the contingencies established in the policy in case of death.
Life insurance can also include coverage for disability or serious illness, so that the insured himself receives compensation in case of suffering one of the situations contracted in the insurance policy.
In a life insurance intervene:
- The insurer: is the company that agrees to pay the benefit.
- The policyholder: is the person who pays the premium.
- The premium: is the price or cost of insurance.
- The insured: the holder object of the risk in which case of death or survival, or of both events jointly, the insurer is obliged to satisfy the beneficiary a capital, an income or other agreed benefits.
One of the best ways to get savings on the price of insurance is to group them, with which a progressive discount is obtained depending on the number of insurances contracted. In addition, the insurance payment is made month by month and without surcharges.