We all live in a nation where it is very important to have our own home. House or home is essential for everyone whether they are humans or animals. You have that feeling of ownership when you have your own home and of course, this is one of the toughest points that actually prove why you should have your own house. When you are living in someone else’s house for rent you have to face many problems, arguments and monthly payment reminders and so many things. These things basically make us more irritated and frustrated at the same time.
Insurance is the equitable transfer of the risk of a loss, from one entity to another in exchange for payment. It is a form of risk management primarily used to hedgeagainst the risk of a contingent, uncertain loss. An insurer, or insurance carrier, is selling the insurance; the insured, or policyholder, is the person or entity buying the insurance policy. The amount of money to be charged for a certain amount of insurance coverage is called the premium. Risk management, the practice of appraisingand controlling risk, has evolved as a discrete field of study and practice.