Insurance is an agreement between the insurer and the insurance company. The agreement is such that the insurer will be paying a premium every year to the insurance company and the insurance company in return will be accepting to pay for the loss due to the damage that can possibly occur in the insured object. The insured object can be a person where one’s life is insured and it can go up to the extent of insuring one’s car or one’s house. The insured object will be covered under the insurance policy. The question asked here is when you should contact your insurance agent about what policy to get. When you feel that there is a need for the insurance policy and also you find that you have allotted some money for, then is the time for you to call your insurance agent. At this time you can inquire and get a policy through.
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