Insurance of Interest and Liability

As in the previous post we have already seen the Insurance of Person and Insurance of Property now in this post let us know about the Insurance of Interest and Liability which falls in the classification of Insurance.

Insurance of Interest:

Every individual will come up with some duties. Sometimes unseen consequences may damage the possessions of our clients, property holders. When any damage happened to the property of our clients which is under our responsibility then we have to pay for the damage. At that time Insurance of Interest will help us to overcome the damage and pay the expenses.

Insurance of Liability:

As our site offers you information on insurance so we are using very simple english. First know the meaning of Liability: "when you are legally responsible for some thing."

If any damage occurred to others possessions because of us we may be legally responsible to their property.In that case Insurance of Liability will help us to overcome the damage and pay the expenses.

Hope you understand the concept please leave your valuable comment.To comment on this post click on title so that comment page will be popped up.