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

Trade insurance 
Many people and businessmen cannot afford large economic losses. However, they can buy 
insurance to provide them with financial protection when they suffer from a loss. will give. It calms 
the mind and helps people focus in situations of emergency, trauma and loss. They don't think 
about how to pay, but to return to their previous situation. 

---

Initial insurance 
The insurance instruction confirms the insurance form and the policyholder's offer and 
conditions. All policyholders must pay the insurance premium for the insurance policy. 
Policyholders can make monthly, quarterly, semi-annual and annual payments. Policyholder 
application is required according to the payment of damages from the examination of the 
insurance policy. Insurance campaigns provide planning to combat economic losses. The form of 
insurance campaign contracts for specific economic risks and occurs or "money is paid for 
losses. In order to undertake insurance, a person or an entrepreneur is insured. It must be shown 
that the service is provided for the risk, campaign contract paper or insurance provides 
instructions on how to do it. The person or company holding the policy is called the policyholder. 
insurance companies 
In addition to offering financial protection to policyholders, insurance companies are also capital 
companies. Insurance money collected from policyholders forms a fund from fees paid by 
insurance companies for various complaints. This money is spent by the company. The additional 
amount of money generated from these expenses makes it possible for the company to make a 
profit in the process of resolving claims and complaints. Insurance protection occurs over several 
years. Everyone can buy insurance directly from insurance companies. Employers can provide 
insurance as a benefit to employees. Professional organizations and other groups can offer 
insurance policies to members. In business, when using insurance risks, buyers often ask for a 
credit check. Private companies can offer insurance instead. Many people buy insurance from 
insurance agencies. Insurance agency insurance represents companies, and provides reliable 
insurance to individuals and entrepreneurs. There are 2 main types of insurance agency. one of 
them for large companies: several companies should be compared with each other in terms of price, 
quality, and profitability. The second way, if a loss occurs, this factor is the service provided by 
the company. In the event of a loss, policyholders want to be able to make sure that insurance 
companies act quickly to provide them with assistance. This makes it easier to contact the 
company.