Life insurance services — How to choose the best


An insurance company primarily offers insurance services to clients. These services include; protection against car accidents, burglary, house fire, life insurance, health insurance and so on. An individual who purchases an insurance is known as an insured or a policyholder, while the company that offers an insurance is known as an insurance company, or insurer, or underwriter.

What is insurance?

Insurance, as defined by Wikipedia, is a means of protection from any kind of loss, be it the loss of life, or of property. Insurance has been proven to be a form of risk management, which is primarily used to hedge against the risk of an uncertain or contingent loss.  The business dictionary defines it as a Risk-transfer mechanism, which ensures full or partial financial compensation for the damage(s) or loss caused by event(s) which are beyond the control of the insured party. Types of insurance offered include Life insurance Auto insurance, Health insurance, Travel insurance, Dental insurance, etc.

What is an insurance company?

Insurance companies are generally companies who provide insurance services for clients. It may be government owned, profit or non-profit which are liable for meeting the financial needs of their clients when they experience bad event(s) beyond their control. For insurance companies to intervene in meeting the demand of their client, their client must have applied for an insurance scheme and should have contributed to that course.

Electric Insurance Company

Functions of an insurance company/insurance

The main function of an insurance company is to provide insurance to cater for unforeseen circumstances which occur beyond the control of a client. Amidst this primary function, there are sub-functions of an insurance company, and they include;

Aside these functions of insurance companies, insurance on its own help to provide certainty of payment in case of any loss, provides protection against any loss, act as a risk-sharing medium, provides capital as well as improves efficiency and helps economic progress of any society.

Types of insurance companies?

There are various types of insurance companies, but for this article, we will be considering the Allianz worldwide care, the electric insurance, liberty mutual insurance company, rate kick insurance company and esurance insurance company. These companies offer services ranging from health insurance, to life insurance policy, which are masterminded by life insurance companies, travel insurance, auto insurance, liberty and Allianz.

Allianz worldwide cares insurance company: Allianz care is the leading provider of health and wellbeing insurance internationally. Its company offers insurance services which cover life, health and disability insurance. They provide a range of international healthcare plans for mobile individuals globally. Their product and services include:

Liberty Mutual Insurance

Top 4 insurance companies

Electric insurance

Electric insurance company offers insurance services for your home, automobile, and umbrella coverages. The home coverage includes coverage for your home, rental insurance and condo. The home insurance covers more than just the structure, as it goes a long way to cater for your garage, pool, fence, belongings in it, etc. It also covers for liability, to protect an individual from a lawsuit, as well as to pay additional temporal living expenses, if the client cannot live in his/her house due to an unforeseen damage. Coverage for condo also can be gotten from electric insurance, as it offers you coverage for your furniture, appliances, personal possessions and cabinet. It also covers for liability if someone is hurt in your unit. Finally, electric insurance provides coverage for a client’s apartment to protect the client’s belongings from fire, vandalism, theft and another unforeseen event(s), even while living in a rented apartment.

Electric Insurance Company

Liberty mutual

Liberty mutual insurance company is an insurance company which offers coverage for individuals, families, and businesses. Their services include; Car insurance, Homeowner insurance, Renters insurance, Fraud protection, life insurance, pet insurance, accident insurance, mobile phone insurance and so on.

Liberty Mutual Insurance

Rate kick

Like other insurance companies earlier listed, Rate-kick offers a variety of coverage plans for risk-management by clients.

More About Rate Kick

Esurance insurance

Esurance insurance company offers a range of insurance plans to protect clients from an unforeseen event(s).

Esurance Insurance Info


In conclusion, insurance companies offer a variety of coverage plans to cater for risk/loss of life and property. Various insurance companies exist all over the globe, and a few have been listening here, together with their offers. Insurance has been proven to be effective, and have been recommended for every individual, due to the vast benefits which the individual seeks to gain from the scheme. This article has created an awareness on insurance companies, as well as highlighted some insurance companies and the services they offer.

Esurance Insurance Info