lunes, agosto 19, 2019

9 Historical curiosities about the origin of insurance

The Chinese did not trust the rivers (3,000 BC) The history of insurance is almost as old as the history of the human being. To know one of the first attempts to secure history we have to go back 5,000 years. Around the year 3000 BC the Chinese, great inventors (gunpowder, noodles, tea), were tired of losing part of...

Insurance against damages.

The insurance against damages can be safe against damage to things or property insurance. The latter are those that protect the patrimony of people in general, for example against the responsibilities they may incur or in the case of economic losses, according to the coverages contracted and included in the policy. In insurance contracts against damage to things, the...

Insurance related to mortgage and personal loans.

Damage insurance on the mortgaged property: when a mortgage loan is granted, the credit institution can demand the purchase of an insurance against damages for an amount equal to the appraisal value of the property (excluding the value of the land, which is not insurable)This insurance is intended to compensate, to the person who appears as insured, usually the...

Other people insurance.

They ensure certain circumstances or contingencies that may affect the physical integrity or health status of the people. Accident insurance: In the accident insurance, in exchange for a premium, the insurer is obliged to pay, to the beneficiary of the insurance, a certain amount (insured sum), in case the insured suffers an accident that causes his death, a permanent disability...

Insurance of people

Life insurances Life insurance is contracted in order to alleviate the unfavorable economic impact that circumstances that affect the life of a person can produce. For example, a person can subscribe to life insurance so that, if he dies, his children will not have financial problems; or a worker subscribes to a retirement insurance so that when he retires his...

Introduction to insurance

What is an insurance and how does it work? The insurances are contracts through which, in exchange for collecting a premium (insurance price), the insurer undertakes, in the event of a loss covered by said contract, to compensate the damage produced or to satisfy a capital, income or another agreed service. Terminology In the world of insurance, special terminology is...

Relationship of finances with other disciplines.

The finances are related to the economy; it is a relation of descent since to deepen in any knowledge related to the financial science it is necessary to refer continuously to the principles of the economy. With the legal sciences, since any financial measure is governed by laws and refer to legal facts, therefore it is not possible...

Starting in January, compulsory insurance for all to circulate on federal roads

insurance
This seeks to protect victims of traffic accidents. As of January 1, 2019, all cars transiting federal highways, roads and bridges are obliged to have liability insurance, which is known as damages to third parties, otherwise they will be credited with fines ranging from two A thousand and four 1100 pesos.

Most read of the week!

The most read.