BUSINESS

Premium vs. Claims Payments Take a look at this illustration to see how premium and claims payments differ from one another.

Imagine that you insure your $200,000 home for $500 per year. You have been making payments for ten years without making any claims. That emerges to $500 times 10 years. This indicates that your home insurance cost $5,000. You begin to question why you are paying so much for absolutely nothing. In the eleventh year, […]

BUSINESS

What is Bitcoin and How Can it Work?

Bitcoin is a decentralized digital currency that was created in 2009 under the name Satoshi Nakamoto by an unknown individual or group. It works without a national bank or single chairman and can be sent from one client to another on the distributed bitcoin network without the requirement for go-betweens. The bitcoin transaction is broadcast […]

BUSINESS

How are claims paid by insurance companies?

At the point when you have a misfortune, for example, a fender bender or house fire, you will summon your insurance agency right and let them know. They will keep track of your claim and investigate it to determine what took place and how you are covered. If they determine that you have a covered […]

BUSINESS

Currently in Burma, by the end of this year

Myanmar Dylan Club with traditional Myanmar style and system,” says Mandalay Bamboo Handicraft Alain Lamp. The luminaries, lanterns, and luminaires that I make are in high demand and of the same taste. After the fire, they no longer have such models in Myanmar or anywhere else in the world. The product has received a lot […]

BUSINESS

7 Important Terms to Know About Your Insurance Policy The fine print of your policy will include a few key terms. Knowing what they mean is beneficial.

In the event of a claim, you will be responsible for paying the deductible. You take on more risk with a higher deductible, but your payments will be lower. As a means of cutting costs, a high deductible may be chosen by some. Your insurance does not cover exclusions. In order to avoid being caught […]

BUSINESS

What is covered by a residential policy?

Your property’s buildings are covered by homeowner’s insurance. This includes both your primary residence and any other structures in the area. In addition, it provides liability protection, covers your home’s contents, movable property, and living expenses in the event of a loss. In the event of a loss, renters insurance covers your rental unit’s possessions […]