Insurance

Insurance

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Insurance is a kind of relationship to protect the property interests of individuals and legal entities upon the occurrence of certain events (insurance cases) due to money funds generated from insurance premiums paid by them (insurance premiums).

In the US, there are two varieties (two types of contracts) of insurance: property and private. In addition, market participants are still isolated and liability insurance.

Clients of US banks often faced with insurance, getting credit products. In particular, for car loans, banks usually require to insure the car against theft and damage, while loans to purchase real estate - to issue mortgage insurance policy (comprehensive) insurance.

In addition, the sale of these and other credit products banks offer to purchase insurance against disability, as well as to conclude an agreement on life insurance. Some insurers (usually a 'daughter' of foreign insurers) can take out insurance against the loss of a plastic card at certain banks.