MANAGEMENT

Detailed explanation-1: -Liability insurance is the type of policy that protects the insured against financial liabilities resulting from injuries to any person as well as property damage. Apart from this, liability insurance provides coverage for any legal cost or debt that the responsible party is found legally guilty of.

Detailed explanation-2: -The amount you pay for your health insurance every month. In addition to your premium, you usually have to pay other costs for your health care, including a deductible, copayments, and coinsurance.

Detailed explanation-3: -Personal possessions cover is an add-on that only a comprehensive car insurance policyholder can purchase. The insurer will provide coverage for any loss or damage to any of your personal possessions kept inside the car as per the insured declared value of your car insurance policy.

Detailed explanation-4: -When you sign up for an insurance policy, your insurer will charge you a premium. This is the amount you pay for the policy. Policyholders may choose from several options for paying their insurance premiums.