Health Insurance in Germany

Health Insurance in Germany

18.11.2016 · Insurance
For an employee with a monthly salary of 4 050 euros an amount of payments for health insurance per month is equal to 15,5 per cent of the salary (which is about 628 euros). Apart from these payments, there is nursing care insurance, which is compulsory and it demands paying 93 euros every month. For those, who use services of state medicine, a monthly sum of 10 euros must be paid. Each day of staying in a hospital will cost 10 euros for participants of the state health programs.
German Insurance System

German Insurance System

18.11.2016 · Insurance
In Germany some types of insurance are mandatory: for example, health and vehicles insurance. The most important insurance for you to have in Germany is third-party private liability insurance. The essence of it is that the third party (insurance company) will be responsible for all losses you have caused in case of neglectful behaviour.
Insurance in Canada

Insurance in Canada

18.11.2016 · Insurance
Insurance business in Canada in terms of capital involved in it holds the second place after the bank business. It is difficult to specify what sphere of human activity in Canada exists without insurance. The range of insurance services includes life insurance, medical insurance, insurance of disability, real estate insurance as well as insurance of all kinds of movable property (from cars to jewelry), insurance of businesses and bank loans, pension plans and investment projects. Such a broad coverage for all possible misfortunes or complications associated with the life of man and his activities is an essential part of ensuring a high level of social protection of human rights in Canada. Here, it is assumed that anyone who understands his responsibility to himself, his family, business partners and community at large is obliged to insure himself, his property and actions.
What is life insurance

What is life insurance

18.11.2016 · Insurance
Life insurance is an agreement between an insurance policy holder and an insurer according to which the insurer takes an obligation to pay a specified sum of money in case of the insured person’s death. Some contracts may specify not only death but also illness as an insured event. The contract obliges the insured person to pay a premium on a regular basis or as a lump sum.
Insurance companies in USA

Insurance companies in USA

18.11.2016 · Insurance
The USA is the country with the most developed insurance market in the world. American insurance business has immense and unparalleled scales. American insurance monopolies control about 50% of the total insurance market in developed countries. More than 8000 property insurance companies and 2000 life insurance companies operate in the USA.
What is liability insurance

What is liability insurance

18.11.2016 · Insurance
The essence of liability insurance is the protection of the insured person from paying the losses made to the third parties. Liability insurance is very popular in the USA. Legislation concerning liability is deeply studied by American lawyers. Insurance professionals developed a so-called "doctrine of negligence" that allowed to define the terms used in the industry more clearly and assess the propensity of people to risk.
What is home insurance

What is home insurance

18.11.2016 · Insurance
Home insurance is also known as homeowner's insurance. It provides coverage of a personal accommodation. Within the framework of this insurance a set of losses is covered. They include damage that happens to the home itself, the belongings, the additional living expenses and the liability insurance for events that may occur inside the home or within the specified territory.
What is travel insurance

What is travel insurance

18.11.2016 · Insurance
Travelling is a pleasant adventure but very often unpredictable circumstances can spoil all impressions and, even worse, cause substantial financial expenditures. To avoid or at least diminish the uncertainty it’s always worth considering travel insurance option.
What is homeowners insurance

What is homeowners insurance

18.11.2016 · Insurance
When it comes to purchasing a homeowners insurance all people ask the same but very important question: how much am I to pay for it? To determine the exact amount of insurance premium you need to have a clear understanding of the factors that influence the process of premium determination. Let’s examine them briefly.
What is renters insurance

What is renters insurance

18.11.2016 · Insurance
Renters insurance is a fine option when you rent a common accommodation and are afraid of causing any harm to the property of your neighbors or having your possessions damaged. In case something unexpected and extraordinary happens you can end up with a heavy burden of damages to pay for. To avoid this unpleasant situation consider purchasing a renters insurance that may save you a pretty good amount of money.