Insurance For Everyone

By Andrew Andreeff

 During a life you, your family and your property are exposed to various risks. Illnesses, traumas, fires, hurricanes, thefts - "the Name it a legion..." The best way to secure, the family and the property - insurance.


You have decided to buy an insurance policy. One of the first questions: "What insurance company to choose?" We shall try to help you.

The companies are subdivided into 2 groups:
LIFE insurance companies, which sell life insurance, annuities and pensions products.
NON-LIFE, General, or Property/Casualty insurance companies, which sell other types of insurance.

The main reason for the distinction between the two types of company is that life, annuity, and pension business is very long-term in nature coverage for life insurance or a pension can cover risks over many decades.

NON-LIFE insurance companies can be further divided into these sub categories:
Standard Lines
Excess Lines.

In the USA, Standard Line insurance companies are "main stream" insurers. These are the companies that typically insure autos, homes or businesses. They use pattern or "cookie-cutter" policies without variation from one

Read more: Insurance companies of the U.S.