- What is Insurance?
Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment.
What does this mean? It means you can protect yourself and your family against possible risk in your daily life. You can protect you and your family from unexpected financial loss.
1. Insurance is designed to protect the financial well-being of an individual, company or other entity in the case of unexpected loss.
2. Insurance is a precaution against a possible unwanted outcome: in life and in business, it's a way of managing risk and keeping things on the move.
Nothing happens without insurance! We couldn't run businesses or drive cars, own homes or travel anywhere, because the potential risks would be too great. Insurance gives us the peace of mind and security we need to operate.
It works because insurance companies group together a large number of people who all feel exposed to the same possible circumstances. The company knows that, in one year, the total premium collected from the group of people should cover the cost of the claims made by the unfortunate few who actually suffer a loss.
- You can insure:
- Yourself
- Your car
- Property
- Legal liabilities
- What are the different types of insurance packages available for individuals?
Asia Insurance Company offers different kinds of insurance packages for individuals:
- Motor vehicle.
- Health Insurance (Group or Individuals)
- Home Guards’.
- Property and other belongings.
- Travel Insurance.
These are just some of the insurance packages available. Our customer service agents can assist you in choosing the right policy that provides adaquate protection for you and your family.