General insurance Can two different forms of insurance policy serve for similar purposes

[Phabbyfundz]

There are many available forms or types of insurance or insurance policy available to us today. This insurance were intended to cater for different aspects of our existence and seeks to help it clients in times of difficulties or mishaps.
Different Insurance policy or plan could have similar benefits and offers the client similar advantages. Insurance policy like home and property insurance would offer similar benefits as property insurance cater for the properties that are of value to the client and his home or house included if it is the legal property of tbe client.
Travel and auto insurance offers similar benefits to the client but the later is more monopolized because it cater for just damages to the vehicles, while travel insurance also covers for damages to the vehicles provided it was use for travel purposes

 

[btaliat]

There are times that two insurance policies work in the same ways and even provide nearly similar functions but the fact is that there is always iota of diffrence between them. For instance, it takes a little bit of deep knowledge to know that there is difference between health and life insurances.

 

[Chibson]

Definitely there are some insurance policies or some types of insurance that have similar purposes. it is always very important that people make proper research and ask necessary questions before they buy a particular Insurance because they may confuse it for another. Even at that, there is always a slight difference.

 

[Mandy96]

Yes there are various insurance policies that serve similar purpose. Most individuals that are aspiring to buy it should be careful about this because there are always somethings that makes it different and that alone could cause confusion if one is not aware of it. This is why agents should be consulted first