Other types of Insurance

Tuesday, May 6, 2008 | | |


* Defence Act basic workers' compensation or DBA insurance provides coverage insurance for civilian employees hired by the government to perform contracts outside the USA and Canada. DBA is required for all U.S. citizens, residents of the USA, U.S. Green Card holders, and all employees or subcontractors hired abroad government contracts. According to the country, foreign nationals must also be covered under DBA. This coverage usually includes costs related to medical care and lost wages, as well as disability and death.
* Expatriates insurance of individuals and organizations operating outside their home country with protection for automobiles, property, health, corporate responsibility and activities.
* The financial loss insurance protects individuals and businesses against various financial risks. For example, a company may cover the purchase to protect against the loss of sales if a fire in a factory unable to perform his activities for some time. Insurance may also cover the failure of a creditor to pay money it owes to the insured. This type of insurance is often referred to as "insurance". Fidelity bonds and bonds are included in this category, although these products provide an advantage to a third party (the "creditor") where the insured (usually called the "debtor") fails to perform its obligations under a contract with the creditor.
* Kidnap and ransom insurance
* Closed insurance fund is a little-known hybrid insurance policy jointly issued by governments and banks. It is used to protect public funds, forgery by unauthorized parties. In special cases, a government May authorize its use in protecting semi-private funds which are likely forgery. The terms of this type of insurance are usually very strict. Hence, it is used only in extreme cases where the safety of funds is necessary.
* Nuclear Accident insurance covers damage resulting from an incident involving radioactive materials and is usually held at the national level. (For the USA, see the price Anderson Nuclear Industries Indemnity Act.)
* Insurance Pet Pet ensure against accidents and diseases - some companies cover current / wellness care and burial, as well.
* Insurance pollution. A first part of the coverage of contamination of insured property or by outside sources or on the spot. Coverage for liability to third parties arising from contamination of air, water or land due to the sudden and accidental release of hazardous materials by the insured. The policy typically covers the cost of cleaning and May include coverage for discharges of underground storage tanks. Intentional acts are specifically excluded.
* Purchase of insurance is to provide protection on products purchased. Subscribe insurance may cover the purchase of individual protection, warranties, guarantees, care plans and even mobile phone insurance. This insurance is normally very limited in the scope of problems that are covered by the policy.
* Title insurance provides a guarantee that the title to real property is exercised by the buyer and / or mortgagee, free and clear of liens or charges. It is usually issued through a search of documents made public during a real estate transaction.
* Travel insurance is an insurance policy taken by those who travel abroad, which covers some losses such as medical expenses, loss of personal effects, travel delay, liabilities, etc.

1 comments:

  1. Neetu says:

    All the insurance types that are listed and explained in the above article re totally new to me. I do know about only travel insurance policy and rest of which I have not even heard the name earlier. Thanks for sharing this latest and excellent information.
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