Insurance

types of insurance

car

• is a legal requirement

• typical cover r 3rd party fine,theft and fully comprehensive

• ads: covers expensive damages

• disads: expensive.

• need it for the law

home & contents

• building insurance is for the building itself

• contets insurence if for the possesions with in the home or in some cases a possesion that is not always in the home eg a laptop

• ads: covers against fire, damage and theft.

  covers and item even if its not in the home

• disads: increasing prices.

  renewing it means price inscrease

  could be needed for a mortgage

life

• lump sum upon death

• usualy required for getting a mortage to ensure its covered

• ads: covers incase of death

  financial protection

• disads: costly with premium

  expensive

  could be needed for a mortgage

travel

• protects u whilst ur abroad

• ads: covers alot of espects

  can be inexpensive

• disads: have to pre plan

  can also be expensive

pet

• protects from expenses accociated with pets

• ads: covers against expensive bills

• disads: u have to pay for some cover u will not use

  doesn’t cover alot of illnesses

  expensive

health

• covers individuals, families and employees via payment plan

• ads: quicker wait time for apointments and refreals

  greater control over choices

• disads: very expensive

  might not cover some conditions