All you need to know about your insurance

Insurance simply means protection against risks or losses arising either from human activities or nature. When you fear uncertainty about your life, work, and property, you can protect them from uncertainty through something called insurance.

How does insurance work?

This is how insurance works: for example, you have a car and you have a rough driver or you are the driver but you are always afraid of what will happen if the car gets into an accident, your fear may be the result of the cost of parts of your car that will be used to repair it again if it eventually breaks down. When you have such a fear and decide to transfer the risk from your head to the insurance company, your car will be charged a certain amount so that when the car itself crashes, the insurance company will replace it for you. This is what insurance means.

There is always a fee you pay to the insurance company which is usually paid annually, monthly or quarterly depending on the company or country. This money you pay is always a certain percentage of the cost of the property you are insuring. This monthly, quarterly or annual amount you pay is non-refundable if the risks you protect do not occur. On the other hand, if the risks occur even if it's when you just started paying, the insurance company still has to fulfill the terms by replacing the insured property.

Types of insurance.

Any individual or entity can insure any property with the respective company. This depends on the fear of the individual or entity. This brings us to the insurable property or entity. The different types of insurance we have are:

Life insurance 

Health insurance

Long-term disability coverage 

Auto insurance 

/life insurance

Life is full of doubts; As we eat, take drugs, move around, and go through various life events, we encounter deadly events that have the power to take our lives. This raises the fear of what happens if we get sick and can't take care of our medical bills, we die and yet we have certain responsibilities to do, etc. This is where life insurance comes in.

Life insurance simply means when the insurer or guarantor pays the policyholder a certain amount within the terms of the insurance when he is threatened by some chronic disease. Life insurance also covers a situation in which a relative or specific person beneficiary of life insurance is compensated upon the death of the policy holder.

What company can I insure my life?

Here is a list of reputable life insurance companies in the United States:

Northwestern Mutual

Globe Life

New York Life

Brighthouse Financial

MassMutual

Penn Mutual

Prudential

Protective Life

Lincoln Financial

Nationwide

State Farm

Sammons (Midland National)

John Hancock

Primerica

Guardian

Equitable Holdings (AXA)

Transamerica

American International Group (AIG)

MetLife

Pacific Life

/Health insurance.

   Everyone gets sick, when you have health insurance for certain diseases and you are affected by one of these diseases, the insurance company pays in whole or in part according to the conditions of the insurance, the costs of hospitalization/medical staff involved.

Where can I insure my health in the United States?

The companies below are lists of insurance organizations where you can get reliable health insurance for you and your family.

Aetna

AARP

American Family Insurance

Amerigroup

American National Insurance Company

Anthem

CareSource

Blue Cross and Blue Shield Association

Cambia Health Solutions

Cigna

Centene Corporation

Coventry Health Care

Fortis

Delta Dental

Group Health Cooperative

EmblemHealth

Geisinger

Golden Rule Insurance Company

Group Health Incorporated

Healthcare Highways

Harvard Pilgrim Health Care

Health Net

HealthMarkets

HealthSpring

HealthPartners

Highmark

Humana

Horace Mann Educators Corporation

Independence Blue Cross

Kaleida Health

Kaiser Permanente

Liberty Medical

Medical Mutual of Ohio

MassHealth

MEGA Life and Health Insurance

Oscar Health

Molina Healthcare

Oxford Health Plans

Principal Financial Group

Premera Blue Cross

Shelter Insurance

Thrivent Financial for Lutherans

State Farm

UnitedHealth Group

Universal American Corporation

Unitrin

WellCare

Medicare

Edit

American Family Insurance

CareSource

Bankers Life and Casualty

Conseco

Kaiser Permanente

Fidelis Care

Mutual of Omaha

Thrivent Financial for Lutherans

Premera Blue Cross

Aetna

United American Insurance Company

/Long-term disability coverage.

In our varied daily work, we run the risk of injury. Some injuries can be serious and also disrupt the work force. Long-term disability coverage or insurance is the type of insurance that helps the worker obtain compensation in the event that they sustain injuries in the line of duty.

This type of insurance allows the policyholder to be paid in full or at a certain percentage of the ordinary income from his work when he is injured or unable to work. In some terms of an insurance policy covering long-term disability, the insured person receives benefits as long as they are between the ages of 65 and 70, depending on the state and the terms of the policy.

Where can I get long term disability insurance?

Almost all health insurance companies offer long-term disability insurance.

/Auto Insurance 

Auto Insurance is protection against the risk of accident, loss and burn of the car. In this type of insurance, the protection against risk or loss of the vehicle can relate to:

flight

Fire

incident

Car insurance against theft

Auto theft insurance is protection against the risk of loss of a vehicle. This means that if an insured car covered by these conditions is stolen, the owner gets a replacement from the insurance company.

Auto insurance against fire

This is the protection of the vehicle against the risk of fire. When your insured vehicle burns down, you will be compensated by the insurance company if the fire in your vehicle was not caused by negligence. Take for example, your car is overheating because you didn't check the water in the radiator and it burned your car. If the insurance company notices that this is due to your negligence, they may not pay you. This applies to other forms of insurance.

Car accident insurance

This is when the car is protected from the dangers of road accidents. This means that the owner of a vehicle covered by this policy will be compensated when the vehicle has had one or more accidents which are not caused by the negligence of the driver.