TYPES AND BENEFITS OF INSURANCE

Generally, insurance consists of three categories, namely:

Insurance Losses
Consisting of insurance for property (property, vehicles), financial interests (pecuniary), the legal responsibility (liability) and self-insurance (accident or health).

Life Insurance
In essence is a form of cooperation between the people who avoid or at least reduce the risk posed by the risk of death (which would happen but not sure when it happened), the risk of old age (which is inevitable and predictable when it happens, but it is uncertain how old) and the risk of accidents (which is not inevitable, but not impossible). Where cooperation is coordinated by the insurance company, which works on the basis of the law of large numbers (the law of large numbers), which spread the risk to people who want to cooperate. Included in life insurance programs such as: insurance for education, retirement, investment, stages, health.

Social Insurance
Social insurance is compulsory insurance program organized by the government under the Act. The aims and objectives of social insurance is to provide a basic guarantee for the public and is not intended for commercial gain.

hopes meaningful.