{"id":824,"date":"2022-11-08T10:29:25","date_gmt":"2022-11-08T07:29:25","guid":{"rendered":"https:\/\/royal-hotel-de-paris.com.ua\/?p=824"},"modified":"2022-11-08T10:41:49","modified_gmt":"2022-11-08T07:41:49","slug":"insurance-what-is-it-in-simple-words","status":"publish","type":"post","link":"https:\/\/royal-hotel-de-paris.com.ua\/en\/insurance-what-is-it-in-simple-words\/","title":{"rendered":"Insurance: what is it in simple words"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"824\" class=\"elementor elementor-824 elementor-bc-flex-widget\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-42e93985 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"42e93985\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-20f30c17\" data-id=\"20f30c17\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cd3f9fb elementor-widget elementor-widget-text-editor\" data-id=\"cd3f9fb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><\/p><div id=\"finfin-local-plugin-publication-item-finFinItem-1320650-contents-article\" class=\"finfin-local-plugin-publication-item-finFinItem-1320650-text mb2x p-margin\"><p>Today, in almost any business, you may be faced with the need to have insurance.\u00a0For example, car owners and drivers need or will benefit from CASCO and OSAGO, and when applying for a loan at a bank, they offer to insure the collateral, issue life insurance policies or in case of loss of work and health.\u00a0Even in investments, you can use endowment insurance programs.\u00a0However, due to the low level of financial literacy, not everyone knows what it is, how insurance is useful and when it is required.<\/p><p>\u00a0<\/p><h2>Insurance and Insurance<\/h2><p>\u00a0<\/p><p>In general, the term &#8220;insurance&#8221; means a set of items, a set of measures and actions, a list of rules that should protect health, life, property in certain circumstances (most often critical) from negative consequences.\u00a0So, for example, climber&#8217;s insurance protects him from injuries and accidents during climbing.\u00a0Medical insurance provides medical services, equipment and medicines for the treatment of diseases and injuries, their prevention.<\/p><div id=\"finam_widget_widget-for-dowidjetoleinyk\">\u00a0<\/div><p>Insurance is a comprehensive term that can be applied in any field of activity.\u00a0However, its use is artificially limited.\u00a0So, it is more often used in the physical sense, denoting some items designed to ensure safety and protection.\u00a0For example, a circus acrobat&#8217;s lounge is insurance, an installer&#8217;s belt for high-altitude work is also insurance.<\/p><p>When it comes to the protection of interests associated with the receipt of funds, the term &#8220;insurance&#8221; is more often used.\u00a0It is defined as a relationship (economic, financial) in which:<\/p><ul><li>in certain circumstances, one of the parties (the insured) receives cash payments, i.e., its financial interests are protected;<\/li><li>their source is the funds created by the second party (the insurer);<\/li><li>replenishment of these funds is made at the expense of the insured&#8217;s contributions.<\/li><\/ul><p>Thus, in the general case, the insurance scheme is as follows.<\/p><ol><li>The policyholder and the insurer enter into an insurance contract.\u00a0Often, the policyholder receives a supporting document (not necessarily in paper form), which is called an insurance policy.\u00a0That is why &#8220;concluding an insurance contract&#8221; and &#8220;purchasing a policy&#8221; are used as synonyms.\u00a0The contract specifies:<ul><li>Circumstances under which the insured is entitled to benefits.\u00a0They are called insured risk and insured event.<\/li><li>The amount that the insured will receive in the event of an insured event.\u00a0For it, the term &#8220;insurance amount&#8221; is used.<\/li><li>The amount of insurance premiums that the insured pays at a time or regularly during the entire period of the contract to form the insurance fund.\u00a0It is from this fund that payments are made.<\/li><\/ul><\/li><li>The insured transfers the amount of the contribution to the insurer, which the latter directs to the insurance fund.<\/li><li>Under the circumstances specified in the contract, the representatives of the insurer conduct an examination confirming the occurrence of an insured event.\u00a0If the conclusion is positive, the policyholder receives the insurance amount in full or part of it.<\/li><li>If the insured event does not occur before the end of the contract, no payments are made.<\/li><\/ol><p><strong><em>Attention!\u00a0<\/em><\/strong>Most insurance activities require the insurer to have a license.\u00a0Issued by the Bank of Russia.\u00a0On its official website, you can check if it is in the company with which the contract is concluded.\u00a0This is relevant today, as scammers use the legend of the insurance business to collect funds from users.<\/p><p>\u00a0<\/p><h2>Main types of insurance<\/h2><div>\u00a0<\/div><p>In insurance activity, there are four main areas:<\/p><ul><li>personal insurance;<\/li><li>property insurance;<\/li><li>liability Insurance;<\/li><li>financial risk insurance.<\/li><\/ul><h3>Personal insurance<\/h3><p>\u00a0<\/p><p>Personal insurance includes all insurance options that are directly related to the personality of the insurer.\u00a0This includes:<\/p><ul><li>life insurance, including accumulative;<\/li><li>accident insurance;<\/li><li>insurance against various types of diseases (often insurance companies offer policies for individual diseases or their groups, such as cancer);<\/li><li>medical insurance &#8211; both mandatory with obtaining a compulsory medical insurance policy, and voluntary;<\/li><li>child insurance, etc.<\/li><\/ul><p><strong><em>On a note!\u00a0<\/em><\/strong>As a rule, it is the types of personal insurance that banks offer to borrowers when applying for loans.\u00a0This includes life insurance, disability insurance, accident insurance, etc.<\/p><p>\u00a0<\/p><div id=\"finam_widget_widget-for-freetradewidjetoleinyk\"><div class=\"border cl-bg-lightgrey pt2x pl2x pr2x pb2x br5\"><div class=\"font-s pb05x cl-darkgrey\">Property insurance<\/div><div class=\"font-s pb05x cl-darkgrey\">\u00a0<\/div><\/div><\/div><p>Property insurance is designed to protect real estate, cars and other property belonging to the insurer from loss or damage in the event of:<\/p><ul><li>fire;<\/li><li>natural disaster;<\/li><li>military action;<\/li><li>actions of intruders, etc.<\/li><\/ul><p>\u00a0<\/p><p>\u00a0For private clients, there are only single products of this direction.\u00a0These include, for example, title insurance in real estate transactions.\u00a0If such a transaction for one reason or another is found to be illegal and the buyer loses ownership of the object, he will receive monetary compensation from the insurance company.<\/p><p>\u00a0<\/p><\/div><div>\u00a0<\/div><div class=\"mb2x\">\u00a0<\/div><p><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Today, in almost any business, you may be faced with the need to have insurance.\u00a0For example, car owners and drivers need or will benefit from CASCO and OSAGO, and when applying for a loan at a bank, they offer to insure the collateral, issue life insurance policies or in case of loss of work and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":828,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-824","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Insurance: what is it in simple words - Royal Hotel De Paris<\/title>\n<meta name=\"description\" content=\"Today, in almost any business, you may be faced with the need to have insurance.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/royal-hotel-de-paris.com.ua\/insurance-what-is-it-in-simple-words\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Insurance: what is it in simple words - Royal Hotel De Paris\" \/>\n<meta property=\"og:description\" content=\"{:en}Today, in almost any business, you may be faced with the need to have insurance.{:pl}Dzisiaj w prawie ka\u017cdej firmie mo\u017cesz stan\u0105\u0107 przed konieczno\u015bci\u0105 posiadania ubezpieczenia.{:}\" \/>\n<meta property=\"og:url\" content=\"https:\/\/royal-hotel-de-paris.com.ua\/insurance-what-is-it-in-simple-words\/\" \/>\n<meta property=\"og:site_name\" content=\"Royal Hotel De Paris\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-08T07:29:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-08T07:41:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/royal-hotel-de-paris.com.ua\/wp-content\/uploads\/2022\/11\/Travel.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"347\" \/>\n\t<meta property=\"og:image:height\" content=\"145\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"rhg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rhg\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/royal-hotel-de-paris.com.ua\/insurance-what-is-it-in-simple-words\/\",\"url\":\"https:\/\/royal-hotel-de-paris.com.ua\/insurance-what-is-it-in-simple-words\/\",\"name\":\"Insurance: what is it in simple words - Royal Hotel De Paris\",\"isPartOf\":{\"@id\":\"https:\/\/royal-hotel-de-paris.com.ua\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/royal-hotel-de-paris.com.ua\/insurance-what-is-it-in-simple-words\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/royal-hotel-de-paris.com.ua\/insurance-what-is-it-in-simple-words\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/royal-hotel-de-paris.com.ua\/wp-content\/uploads\/2022\/11\/Travel.jpeg\",\"datePublished\":\"2022-11-08T07:29:25+00:00\",\"dateModified\":\"2022-11-08T07:41:49+00:00\",\"author\":{\"@id\":\"https:\/\/royal-hotel-de-paris.com.ua\/en\/#\/schema\/person\/f42a4832feaa2e8010fc17911c5096e4\"},\"description\":\"{:en}Today, in almost any business, you may be faced with the need to have insurance.{:pl}Dzisiaj w prawie ka\u017cdej firmie mo\u017cesz stan\u0105\u0107 przed konieczno\u015bci\u0105 posiadania ubezpieczenia.{:}\",\"breadcrumb\":{\"@id\":\"https:\/\/royal-hotel-de-paris.com.ua\/insurance-what-is-it-in-simple-words\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/royal-hotel-de-paris.com.ua\/insurance-what-is-it-in-simple-words\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/royal-hotel-de-paris.com.ua\/insurance-what-is-it-in-simple-words\/#primaryimage\",\"url\":\"https:\/\/royal-hotel-de-paris.com.ua\/wp-content\/uploads\/2022\/11\/Travel.jpeg\",\"contentUrl\":\"https:\/\/royal-hotel-de-paris.com.ua\/wp-content\/uploads\/2022\/11\/Travel.jpeg\",\"width\":347,\"height\":145},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/royal-hotel-de-paris.com.ua\/insurance-what-is-it-in-simple-words\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0413\u043b\u0430\u0432\u043d\u0430\u044f \u0441\u0442\u0440\u0430\u043d\u0438\u0446\u0430\",\"item\":\"https:\/\/royal-hotel-de-paris.com.ua\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"(en) Insurance: what is it in simple words\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/royal-hotel-de-paris.com.ua\/en\/#website\",\"url\":\"https:\/\/royal-hotel-de-paris.com.ua\/en\/\",\"name\":\"Royal Hotel De Paris\",\"description\":\"\u0415\u0449\u0451 \u043e\u0434\u0438\u043d \u0441\u0430\u0439\u0442 \u043d\u0430 WordPress\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/royal-hotel-de-paris.com.ua\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/royal-hotel-de-paris.com.ua\/en\/#\/schema\/person\/f42a4832feaa2e8010fc17911c5096e4\",\"name\":\"rhg\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/royal-hotel-de-paris.com.ua\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/67c21f9643d9af3e7e6119e1fded0c5227ef1683dda00d9d7cf1e3bc5e953ae1?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/67c21f9643d9af3e7e6119e1fded0c5227ef1683dda00d9d7cf1e3bc5e953ae1?s=96&d=mm&r=g\",\"caption\":\"rhg\"},\"url\":\"https:\/\/royal-hotel-de-paris.com.ua\/en\/author\/rhg\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Insurance: what is it in simple words - Royal Hotel De Paris","description":"Today, in almost any business, you may be faced with the need to have insurance.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/royal-hotel-de-paris.com.ua\/insurance-what-is-it-in-simple-words\/","og_locale":"en_US","og_type":"article","og_title":"Insurance: what is it in simple words - Royal Hotel De Paris","og_description":"{:en}Today, in almost any business, you may be faced with the need to have insurance.{:pl}Dzisiaj w prawie ka\u017cdej firmie mo\u017cesz stan\u0105\u0107 przed konieczno\u015bci\u0105 posiadania ubezpieczenia.{:}","og_url":"https:\/\/royal-hotel-de-paris.com.ua\/insurance-what-is-it-in-simple-words\/","og_site_name":"Royal Hotel De Paris","article_published_time":"2022-11-08T07:29:25+00:00","article_modified_time":"2022-11-08T07:41:49+00:00","og_image":[{"width":347,"height":145,"url":"https:\/\/royal-hotel-de-paris.com.ua\/wp-content\/uploads\/2022\/11\/Travel.jpeg","type":"image\/jpeg"}],"author":"rhg","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rhg","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/royal-hotel-de-paris.com.ua\/insurance-what-is-it-in-simple-words\/","url":"https:\/\/royal-hotel-de-paris.com.ua\/insurance-what-is-it-in-simple-words\/","name":"Insurance: what is it in simple words - Royal Hotel De Paris","isPartOf":{"@id":"https:\/\/royal-hotel-de-paris.com.ua\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/royal-hotel-de-paris.com.ua\/insurance-what-is-it-in-simple-words\/#primaryimage"},"image":{"@id":"https:\/\/royal-hotel-de-paris.com.ua\/insurance-what-is-it-in-simple-words\/#primaryimage"},"thumbnailUrl":"https:\/\/royal-hotel-de-paris.com.ua\/wp-content\/uploads\/2022\/11\/Travel.jpeg","datePublished":"2022-11-08T07:29:25+00:00","dateModified":"2022-11-08T07:41:49+00:00","author":{"@id":"https:\/\/royal-hotel-de-paris.com.ua\/en\/#\/schema\/person\/f42a4832feaa2e8010fc17911c5096e4"},"description":"{:en}Today, in almost any business, you may be faced with the need to have insurance.{:pl}Dzisiaj w prawie ka\u017cdej firmie mo\u017cesz stan\u0105\u0107 przed konieczno\u015bci\u0105 posiadania ubezpieczenia.{:}","breadcrumb":{"@id":"https:\/\/royal-hotel-de-paris.com.ua\/insurance-what-is-it-in-simple-words\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/royal-hotel-de-paris.com.ua\/insurance-what-is-it-in-simple-words\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/royal-hotel-de-paris.com.ua\/insurance-what-is-it-in-simple-words\/#primaryimage","url":"https:\/\/royal-hotel-de-paris.com.ua\/wp-content\/uploads\/2022\/11\/Travel.jpeg","contentUrl":"https:\/\/royal-hotel-de-paris.com.ua\/wp-content\/uploads\/2022\/11\/Travel.jpeg","width":347,"height":145},{"@type":"BreadcrumbList","@id":"https:\/\/royal-hotel-de-paris.com.ua\/insurance-what-is-it-in-simple-words\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0413\u043b\u0430\u0432\u043d\u0430\u044f \u0441\u0442\u0440\u0430\u043d\u0438\u0446\u0430","item":"https:\/\/royal-hotel-de-paris.com.ua\/en\/"},{"@type":"ListItem","position":2,"name":"(en) Insurance: what is it in simple words"}]},{"@type":"WebSite","@id":"https:\/\/royal-hotel-de-paris.com.ua\/en\/#website","url":"https:\/\/royal-hotel-de-paris.com.ua\/en\/","name":"Royal Hotel De Paris","description":"\u0415\u0449\u0451 \u043e\u0434\u0438\u043d \u0441\u0430\u0439\u0442 \u043d\u0430 WordPress","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/royal-hotel-de-paris.com.ua\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/royal-hotel-de-paris.com.ua\/en\/#\/schema\/person\/f42a4832feaa2e8010fc17911c5096e4","name":"rhg","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/royal-hotel-de-paris.com.ua\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/67c21f9643d9af3e7e6119e1fded0c5227ef1683dda00d9d7cf1e3bc5e953ae1?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/67c21f9643d9af3e7e6119e1fded0c5227ef1683dda00d9d7cf1e3bc5e953ae1?s=96&d=mm&r=g","caption":"rhg"},"url":"https:\/\/royal-hotel-de-paris.com.ua\/en\/author\/rhg\/"}]}},"_links":{"self":[{"href":"https:\/\/royal-hotel-de-paris.com.ua\/en\/wp-json\/wp\/v2\/posts\/824","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/royal-hotel-de-paris.com.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/royal-hotel-de-paris.com.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/royal-hotel-de-paris.com.ua\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/royal-hotel-de-paris.com.ua\/en\/wp-json\/wp\/v2\/comments?post=824"}],"version-history":[{"count":5,"href":"https:\/\/royal-hotel-de-paris.com.ua\/en\/wp-json\/wp\/v2\/posts\/824\/revisions"}],"predecessor-version":[{"id":830,"href":"https:\/\/royal-hotel-de-paris.com.ua\/en\/wp-json\/wp\/v2\/posts\/824\/revisions\/830"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/royal-hotel-de-paris.com.ua\/en\/wp-json\/wp\/v2\/media\/828"}],"wp:attachment":[{"href":"https:\/\/royal-hotel-de-paris.com.ua\/en\/wp-json\/wp\/v2\/media?parent=824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/royal-hotel-de-paris.com.ua\/en\/wp-json\/wp\/v2\/categories?post=824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/royal-hotel-de-paris.com.ua\/en\/wp-json\/wp\/v2\/tags?post=824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}