HNS Insurance Thailand

Insurance Services

Insurance is a means of protection from financial loss.
business of providing financial protection for property, life, health, auto, against specified contingencies, such as death, loss, or damage, and involving payment of regular premiums in return for a policy guaranteeing such protection.
In simple words, insurance is a risk transfer mechanism, where you transfer your risk to the insurance company and get the cover for financial loss that you may face due to unforeseen events. And the amount that you pay for this arrangement is called a premium.

Importance Of Insurance

Buying insurance is important as it ensures that you are financially secure to face any type of problem in life, and this is why insurance is a very important part of financial planning.

6 Main Types Of Insurance

1. Life insurance
2. Disability insurance
3. Health insurance
4. Home or property insurance
5. Fire insurance
6. Automobile insurance.

In simple terms, general insurance is insurance which is not life insurance. The tenure of general insurance does not last for a lifetime, as happens under the life insurance policy, but it is scheduled for a particular incident or for a duration.

Insurance Company And Agency

An insurance company appoints several insurance agencies. Insurance companies are providers of the product, while agencies are providers of the service, distributing the product to consumers.

Loss Adjuster

The role of a loss adjuster is to provide support and guidance in the event of an insurance claim. To do this there is a need for expert knowledge and skills, along with a full understanding of the insurance cover and the circumstances of the claim.
car accident, burglary, or fire and make a large insurance claim, the insurance provider will probably hire a loss adjuster. They’ll assess the damage and make sure to claim for the correct amount.