Insurance can be interpreted as an effort by someone to minimize the risk. In other words, all the things we do or what's at risk are basically insured. The following will be reviewed about the kinds of insurance that is often used.
Health Insurance
This insurance can be categorized as the type of insurance is the easiest and widely found among the community. Health insurance is usually provided by the company or agency where a person works. Examples of health insurance to choose from is inpatient insurance in hospital with 2 kinds of protection type namely protection with card system and protection with reimbursement system. The first type of protection in the sense that if the policyholder is hospitalized, then the payment process can be done only by showing the card provider. Furthermore, the insurer will pay the entire cost of the hospital, medicine, doctor visits, surgery and others. Protection with the reimbursement system requires the policyholder to pay all hospital costs first and then make a claim to the insurance company.
Life insurance
Many people think that life insurance has the impression to prepare death. On the other hand, many also assume that age in the hands of God and death is the prerogative of God Almighty. This asusransi of the soul is not intended to escape from death, but as a protector for the family that will be abandoned in the event of bad things that sent the policyholder.
There are 2 types of life insurance namely Term Life and Whole Life. Term Life Insurance will provide protection or protection for a certain period of time ranging from 1, 5 and 10 years. Premium money will be forfeited at the end of the period, but the value of this insurance product will be much greater. Whole Life insurance will provide a lifetime protection system. This certainly leads to the premium value becomes more expensive than term life insurance. If the policyholder does not die during the period of the insurance contract, he can claim it with a smaller sum assured.
Education insurance
This type of insurance will provide protection for children's education. Generally, this type of insurance is combined with life insurance.
Insurance Losses
This type of insurance is also known as Non Life Insurance and has been regulated in Law No.2 / 1992 to handle the loss of a business. This type of insurance losses include fire insurance that will provide protection against losses caused by fire at home, office, hotel and so on. Another type of liability insurance is freight insurance that provides protection during the transportation period of goods by land, sea or air. Other types of insurance that are often used are vehicle / car insurance and accident insurance.