Insurance - Accidental death and dismemberment insurance

Accidental death and dismemberment insurance (also known as AD&D) is a policy that pays benefits to the beneficiary if the cause of death is due to an accident. This is a limited form of life insurance which is generally less expensive. Want to know some interesting figures of insurance? -Read further.

Types of accidental death and dismemberment insurance

Insurance - synonyms and encylclopedia

Last article was about insurance in Latvia (check it out). But in that article I forgot to mention what insurance is in general and how it is divided by types.

In this article I cover:

• Definition
• Insurance - word from encyclopedia
• Types of insurance
• And one secret I am going to do

Definition

In one word definition of insurance is protection or security. More broader following synonyms describe insurance - allowance, assurance, backing, cover, coverage, guarantee, indemnification, indemnity, provision, safeguard, support, warrant, warranty.
Want to know more? Read further.

Business in Latvia: Insurance

Insurance in Latvia has 391 companies taking actions in insurance industry, thus not all of them are direct insurers. However when searching in 1188.lv unofficial local catalog of companies the number grows up to 500 companies.

How much insurance company can earn?