Insurance Offerings
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Insurance is a means of protection from financial losses. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.
Provides protection against uncertainties.
An insurance policy is a contract used to indemnify individuals and organizations for covered losses.
Insurance provides payment for covered losses when they occur. Therefore, the uncertainty of paying for losses out-of-pocket is reduced significantly
Lenders trust individuals with insurance with credit, some lending organisations require insurance documents before granting loans. It gives a loan seeker and edge when requesting for credit from a credit organisation.
Insurance makes it unnecessary to set aside a large amount of money to pay for the financial consequences of the risk exposures that can be insured. This allows that money to be used more efficiently.
