The widespread use of electronic devices and the internet has completely changed the way people buy products and avail services. Today, many prefer shopping online rather than going to a physical store. This consumer behavior is also actual when it comes to the consumption of insurance products. With the increased use of technological devices, many car insurers can better connect with their customers over the internet. Purchasing car insurance in…

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More than a year since the World Health Organization announced a pandemic, there is still fear and anxiety about the novel coronavirus. Accordingly, the continuous implementation of quarantine protocols and social distancing measures also adds to the stress and anxiety of people as it makes them feel overwhelmed and more isolated. Therefore, it is crucial to practice self-care during these times. It would be best if you implemented strategies to…

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Planning to purchase a vehicle could be an exciting time for anyone. Having your car makes a huge difference as it gives you comfort and convenience when traversing through the roads in the metro. However, despite the advantages of owning a vehicle, it is essential to remember that when purchasing a car, you have various factors to consider when buying a car – and these must not be done on…

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The primary purpose of insurance is to alleviate any financial burdens of the insured immediately after a loss. If the failure is caused by a specific event covered by the insurance policy, the insurer will pay for the enclosed value of the loss. What is an insurance claim? Before the act of reimbursement, the policyholder must ask their insurance provider to pay them for what they have lost. This request…

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In the world of insurance, the “Acts of God,” also known as “Acts of Nature,” or “AOG,” is a term used by insurance companies to refer to any event outside of human control, natural catastrophes that cannot be predicted, prevented, or avoided. It involves earthquakes, typhoons, and floods. For instance, having a damaged property due to a fire caused by arson or poor wiring is not considered an Act of…

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