Types Of Insurance Flashcards
1
Q
Motor
A
Compulsory. 3 types third party. Third party fire and theft And comprehensive
2
Q
Home insurance
A
In case of accident e.g fire buildings and contents are insured
3
Q
Personal accident insurance
A
In case of an accident e.g falling and breaking a tooth insurance covers it
4
Q
Health insurance
A
In case of illness medical bills operations and hospital stay are are covered
5
Q
Travel insurance
A
If something happens on holiday e.g luggage stolen or accidents it’s covered
6
Q
Mortgage protection insurance
A
If death of mortgage holder the insurance company repays their mortgage
