Marine Insurance

Marine Insurance

Introduction to Marine Insurance Marine insurance covers any damage or loss of ships, cargo, and any transport by which goods are transferred or held between the points of origin and the final destination. This protects shipping companies and couriers from any...
Payor’s Clause, What It is?

Payor’s Clause, What It is?

If you are planning to get insurance for your child, which means that your child’s life is insured and you are the policy owner, you may want to add riders attached to the policy. You can add different riders to the juvenile policy, such as accident and...
Types of Premium

Types of Premium

Premium in life insurance is the amount that must be paid to the insurer or insurance company for an insurance policy. This premium must be paid regularly for the policy to be in force, by not doing so may result in the cancellation or loss of coverage. Premiums are...