Republic of uzbekistan andijan machine-building institute fundamentals of business management

Basics of insurance. 
Insurance companies provide protection plans against economic losses. The company, called the 
insurer, supports the removal of a specific risk and pays for losses if such problems occur. 
Individuals and businesses if the insurer assumes that there is a risk, it is insured. The risk is 
removed by showing the written contract signed by the insurance company or the insurance 
instruction. The person or company receives the instruction from the guide. Insurance program it 
is confirmed in cases where the insurance company and the program manager agree. The program 
managers are obliged to pay the amount of insurance money to the insurance coverage. The 
program manager makes payments monthly, quarterly, every six months or once a year.The only 
requirement is that the program operator is required to pay for losses covered by the insurance 
program. 
Insurance companies. 
In addition, insurance companies are investment companies that offer financial protection for 
program operators. The insurance money is collected by the program operator from the money 
paid by insurance companies to establish a fund. these additional amounts are earned to benefit 
from these investments. Insurance protection is obtained in several ways. Individuals buy directly 
from insurance companies. Workers are insured to provide service benefits. Professional 
organizations and other groups offer insurance coverage to members. Businesses often offer 
insurance to protect consumers against potential risks. When credit cards are processed, consumers 
want credit insurance. Those who do business via ships are offered transport insurance. Security 
companies provide insurance for theft. Many people buy insurance from an insurance agency. An 
insurance agent is an insurance company and sells insurance policies to individuals and businesses. 
The main job of an insurance agent is to provide each customer with an economic quote based on 
the type of property and the amount of coverage. is to help in choosing from losses. Many 
customers get information about the insurance company from the agent when choosing the type of 
insurance. There are mainly two types of insurance agents. One is for large companies and deals 
with insurance written by companies. The other is an independent agent who deals with various 
companies. You can buy insurance directly from insurance companies or through the Internet. 
Many people choose insurance companies based on the amount and type of insurance. Always 
compare the quality and prices offered by the company when buying insurance. Another key factor 
is service in the event of a loss. When a loss is suffered, the political manager relies on the insurance 
company to provide the required assistance. In this case, it is easy to contact the company. Their 
response is quick. Full compensation for losses will be compensated as quickly as possible. 

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