Insurance
Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.
Gas
Gas is one of the four fundamental states of matter (the others being solid, liquid, and plasma). A pure gas may be made up of individual atoms (e.g. a noble gas like neon), elemental molecules made from one type of atom (e.g. oxygen), or compound molecules made from a variety of atoms (e.g. carbon dioxide). A gas mixture would contain a variety of pure gases much like the air. What distinguishes a gas from liquids and solids is the vast separation of the individual gas particles. This separation usually makes a colorless gas invisible to the human observer. The interaction of gas particles in the presence of electric and gravitational fields are considered negligible as indicated by the constant velocity vectors in the image.




Electricity
Electricity is the set of physical phenomena associated with the presence and motion of electric charge. Although initially considered a phenomenon separate from magnetism, since the development of Maxwell's equations, both are recognized as part of a single phenomenon: electromagnetism. Various common phenomena are related to electricity, including lightning, static electricity, electric heating, electric discharges and many others.
Loan
In finance, a loan is the lending of money by one or more individuals, organizations, and/or other entities to other individuals, organizations etc. The recipient (i.e. the borrower) incurs a debt, and is usually liable to pay interest on that debt until it is repaid, and also to repay the principal amount borrowed.




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From Our Blog: 7 Types of Insurance

7 Types of Insurance Business are;
Life Insurance or Personal Insurance.
- Property Insurance.
- Marine Insurance.
- Fire Insurance.
- Liability Insurance.
- Guarantee Insurance.
- Social Insurance.
- These are explained below.
- Life Insurance
Life Insurance is different from other insurance in the sense that, then, the subject matter of insurance is the life of a mortal being.
The insurer will pay the fixed quantum of insurance at the time of death or at the expiry of a certain period.
At present, life insurance enjoys maximum compass because life is the most important property of an existent.
Each and every person requires insurance.
This insurance provides protection to the family at the unseasonable death or gives an acceptable quantum at the old age when earning capacities are reduced.
Under particular insurance, a payment is made at the accident.
The insurance isn't only a protection but is a kind of investment because a certain sum is returnable to the ensured at the death or the expiry of a period.
General Insurance

Fire and Marine Insurances are rigorously called Property Insurance.

The strictest form of liability insurance is dedication insurance, whereby the insurer compensates the loss to the ensured when he's under the liability of payment to the third party.
Property Insurance
Under the property insurance property of person/ persons are ensured against a certain specified threat. The threat may be fire or marine threats, theft of property or goods damage to property at the accident.
Marine Insurance
Marine insurance provides protection against the loss of marine threats.
The marine threats are; collision with a gemstone or boat, attacks by adversaries, fire, and captured by rovers,etc. these threats beget damage, destruction or exposure of the boat and weight and remitment of freight.
So, marine insurance insures boat ( Housing), weight and freight.
Preliminarily only certain nominal pitfalls were ensured but now the compass of marine insurance had been divided into two corridor; Ocean Marine Insurance and Inland Marine Insurance.
The former insures only the marine threats while the ultimate covers inland threats which may arise with the delivery of weight ( gods) from the go-down of the ensured and may extend up to the damage of the weight by the buyer ( importer) at his go down.
Fire Insurance
Fire Insurance covers the threat of fire.

The existent is preferred from similar losses and his property or business or assiduity will remain roughly in the same position in which it was before the loss.
The fire insurance doesn't cover only losses but it provides certain consequential losses also war threat, fermentation, screams,etc.