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Knowledge of Insurance
Principles of Insurance
Insurance is the way that many people making a deal to joint liability or alleviate the damage that one in the group may receive. By setting up a fund called insurance premiums from every members and the fund is responsible to pay money to member who suffered from damage.
Insurance doesn't mean to prevent disaster but mean to give promise that if there's a damage occurred, the suffer will not have to accept that damage alone. All members will help the suffer to be recovered as before...More Info
Types of Insurance
Automobile Insurance
Automobile insurance is a liability for damage arising from cars.
• Damage to the car.
• Damage caused by car to live, body and third party's property including the person inside the car.
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Personal Accident Insurance (P.A. Insurance)
Accident means event that occur suddenly and caused a result that the insured is not expected.
Personal means determine to take life and body of the insured as the element for insurance
Personal Accident Insurance (P.A. Insurance)
is an insurance that the insurer promises to pay compensation if the insured has an accident due to the effect of external factor that hit body suddenly and caused to death, organs and eyes loss, disability or medical bill according to agreed protection between insurer and insured.
Normally Personal Accident Insurance covers 24 hr. protection all around the world whether during mission, working, traveling, exercising, as well as relaxing at home.
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Fire Insurance
Fire insurance is an insurance which has the objective as the insured directly whether the objective is chattel or real estate, it would be able to take fire insurance
Protection under the fire insurance policy
Fire insurance policy covers all damage occurred to insured's property as follow.
Directly arising from
- Fire
- Lightning
- Gas explosion
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Liability Insurance
Liability Insurance is occurred by operation of law which the insured's actions have caused damage to the third parties with negligence. Make the third parties have damage in their body and property. Sometimes the insured are not causing the damage but according to operation of law, the insured must responsible for the third parties according to law. There are many types of insurance policy as following details.
• Public Liability Insurance
• Product Liability Insurance
• Professional Liability Insurance
• Personal Liability Insurance
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About Company
39 Prachauthit 90, Prachauthit Rd. Tungkru Tungkru Bangkok 10140 , THAILAND
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