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house insuance
| Term | Definition |
|---|---|
| surrender value | is the value of life insurance polity when it is castor. the longer the policy is in operation the greater the surrender will be |
| endowment assurance | is an agreed amount of money is paid when the insurance reaches a certain age |
| personal insurance | there are a number of insurance policy's which offer protection against various forms of accident or illness |
| medical insurance | if a person with medical insurance becomes sick and requires hospital treatment. the person will be covered by the insurance company |
| salary insurance | this is insurance provides a monthly income + a person who has given up work permeably due to injury |
| personal accident insurance | it will pay the insured person an agreed amount of money |
| travel insurance | this important for people who travel on business as they travel a lot |