Insurance companies in Lithuania

Picking the insurance company in Lithuania. Darbas anglų kalba. Renkantis draudimo kompaniją Lietuvoje. Darbas su teorine ir praktine dalimis. Praktinėje dalyje atlikta apklausa. Abstarct. Summary. English. Lietuvių kalba. Introduction. Methods. Results. Conclusion.

Insurance is an arrangement in which you pay money to a company and they pay money to you if something unpleasant happens to you, for example if your property was stolen or damaged, or if you got a serious illness. Basically the purpose of all insurance is to protect yourself or your family against the financial impact when a tragedy happens. Insurance is not to help you to cut down your budget expenses, but to protect you against catastrophe.
Life insurance is a form of insurance in which the person makes regular payments to insurance company. Fixed sum of money will be paid to the person after a period of time or to his/hers family if he/she dies. Automobile insurance is a form of insurance that protects against losses involving vehicles. Credit insurance repays a part or all loan back when certain things happen to the borrower such as unemployment, disability or death. Health insurance pays for medical expenses.
Insurance is important and necessary. As everyone knows future is unknown. Insurance offers you to live your life without worrying about your future.
Keywords: arrangement, borrower, disability, budget expenses.
Insurance is a contract in which one part agrees to compensate another part’s losses or damages caused by risks, identified in a contract, in exchange for the payment of a lump sum or periodic sums of money. An insurer is a company which sells the insurance; an insured is the person buying the insurance.
Use and weigh up these three steps when buying insurance:
Step One: do I need this type of insurance at all?
Step Two: will I be able to pay for this?
Step Three: where should I buy it?
There are two ways of buying insurance. One way is to go to the agent to whom you explain your situation and trust him/her to suggest the type of insurance that is right for you. The other is to do it on your own. You research the various types of offers, decide what you need, and then do a comparison of various companies.
Insurance company is a financial institution which sells insurance.
Insurance companies may be classified into two groups:
Life insurance companies which sell life insurance, annuities and pensions products.
Non-life, General, or Property/Casualty insurance companies which sell other types of insurance.
There are also companies known as "insurance consultants".
There are many insurance companies, so choosing between them can be a challenge. Here are the main factors to keep in mind when selecting the insurance company:
Price. Many companies sell insurance policies and prices vary greatly from one to another; get at least three price quotes from insurance companies, agents or the Internet.
Financial Solidity. Select a company that is likely to be financially stable for many years by using ratings from independent rating agencies.
Services. Your insurance company and its representatives should answer your questions and handle your requests fairly, efficiently and quickly.
Comfort. You should feel comfortable with your insurance purchase, whether you buy it from a local agent, directly from the company, over the phone or over the Internet. ...