insurance meaning and types

Insurance

Welcome to our website.
In this lesson, you will learn phrases
that you can use to talk about your insurance needs.
Hello dear visitor, how are you?
We all buy insurance to keep us covered
in critical situations and to protect our possessions.
This lesson has some conversations
that show you how to communicate when you need to buy insurance.
To kick up your vocabulary, have a look at the vocabulary section at the end.
Shall we get started?

life insurance

Where did you get your auto insurance?
I always prefer going to CTI Solutions.
They've got some of the best insurance plans.
How long have you been working with this firm?
It's been a while, maybe three years or so.
I'm actually thinking about changing my auto insurance provider.
You can always get in touch with my agent
and he will guide you, suggesting good alternative insurance


plans that will suit your needs and your requirements.
Does your company provide auto insurance? It does.
In fact, our company is known to provide
some of the best auto insurance policies in the market.
What options do I have with a 2007 model Camry?
Well, you'll have a choice of deductibles from $100 to $1,000,
and you can pay the premium monthly, semiannually or annually.
What all will be included in the policy?
The policy has the details of what is

covered that you should read before signing the detail.
However, if you are concerned about claims, then let me tell you that our
company has a policy of providing easy claim service.
So that means if I get in an accident,
it'll be easy for me to make a claim and get paid?
That's absolutely right.
Where should I look for a good insurance company?
What do you need insurance for?
I'm thinking about renewing my car
insurance, but I'm really not satisfied with my current policy.
Well, you can always look on the internet

insurance policy

for a list insurance companies in your vicinity.

That is one thing I can do.
And thanks.
Don't forget to look for customer reviews on particular companies as well.
You can also ask your friends which companies they use.
Hey, is there any way I can get in touch with some good insurance agents in town?
Sure.

companies policy

Do you have any particular companies in mind?
No, I'm kind of new here, so not sure about any of them.
You can look at online business
directories for insurance agents in your town or vicinity.
Is there any other option
I think that's the easiest way to do it.
Within a few seconds you'll get all
the contact details of an insurance agent operating in your town.
I'm not good with computers.
Would you help me with it?
Sure, let me help you find some of them.
Plans an insurance plan means the details of what's covered and when it's covered.

example of insurance

A company may have several plans for you to choose from.
Agent an agent is a person who is employed
by an insurance company to sell their insurance.
You may speak to an agent to get your questions about their plans answered.
Alternative alternatives isn't an insurance term,
but it's used in lots of situations to mean choices or options.

In insurance, you have alternatives in which companies to buy from,
how often you pay the premium, and what kind of coverage you can buy.
Deductibles the deductible is the amount of your loss
that you must pay yourself before the insurance company will pay anything.

If you choose a lower deductible, your premiums will be higher,
and if you choose a higher deductible, your premiums will be lower.
Premium
the amount the insurance will cost, it may be given as an annual or monthly amount.
You pay the premium to the insurance company
Semiannually means twice a year.

You may want to pay your premium twice
a year instead of monthly or only once a year.
Policy the insurance policy is a legal document
that gives all the details of what's covered and what's not.

You should read your insurance policy very carefully.
Claim the claim is what lets the insurance company know that you've had a loss.
You make a claim to the insurance company when you've had a loss.
That is covered by the policy.
Vicinity vicinity means near or in the surroundings.
If you're near a town, you're in the vicinity of it.
Am sure you like this lesson.
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