Types of insurance

With the development of the concept of insurance, this also resulted in the development of janis-kind services provided by a persuhaan asuranis. There are so many types of  insurance services provided, among others:

1. Insurance losses; is insurance that will be received by the participants when he received a loss due to certain events. For example:
a. Insurance property losses caused by fire, flood, theft, and the like
b. Insurance covering the loss incurred due to their responsibilities, like running into a person or a worker who suffered an accident at work or insident


2. Life Insurance which participants get some money if he gets a loss, whether he is alive or dead. In this insurance is classified again into two, namely:
a. Insurance relating to the life of the participants; consists of three forms, among others:

• Insurance of death in the form of transactions that require participants to pay premium money periodically to the insurer and the employer shall provide a sum of money when the participant dies.

• Insurance in the specified period, in the form of transactions that require participants to pay a sum of money periodically to the insurer and the employer must pay some money to a participant if the lag time has come and the participants are still alive. If the participant dies before the grace period, the participants will not receive compensation.

• Insurance that its participants receive some money from the insurance company at certain times if he was alive, or given to the person who appointed the participants or their heirs if he died. In this latter insurance, the money paid to participants periodically greater than previous forms of insurance.

b. Accident insurance agency if the participant suffers an accident or disability.

In addition to these two types of insurance, some countries are also developing the concept of other insurance, among others:

1. Insurance Scholarship which has the basic endowment insurance. First, the period of coverage can be 5-20 years, adjusted for age and school plans. Second, if the father (insured) dies before the contract runs out, the coverage becomes free premium until the contract runs out. But if the designated child meningggal then the alternative is to replace with another child, changing the contract in any other form, received money in cash, if her policy had been underway for three years more or cancel the agreement (before three years there has been no cash price). And the new scholarship payments begin when the contract was up.
2.  Dwiguna insurance, namely insurance which has two in order to, among others:

• Protection for your family, if the insured dies within the period of insurance.

• Savings to the insured, if the insured remains alive at the end of the period of coverage. This insurance can be taken within 10-15-20-30 years.

The continued development of the concept and the types of insurance, making insurance participants feel more protected from the dangers of accidents that can occur at any time. By having insurance we feel better protected from the economic disaster that may cause we can not work due to accident or that we experience when we're suffers from pain.