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6 Reasons Why You Should Have An Insurance Plan
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[QUOTE="Holicent, post: 288229, member: 76163"] Insurance is a financial protection against the unexpected. It can help you recover from a loss, pay for repairs to your home or vehicle or replace stolen property. You may also want to protect your intellectual property (such as patents, trademarks and copyrights) or personal assets (such as your house and investment accounts). An insurance plan is a contract between you and the insurance company. The contract defines the rights and responsibilities of both parties. For example, it specifies who pays for certain events that occur during the policy period (the time frame covered by the insurance), such as injuries that occur on your property or injuries caused by someone else driving their car on your street. A typical homeowner's policy covers damage to your home caused by such things as fire, vandalism or accidents with other people's cars. It also covers damage to your personal belongings such as clothing and furniture. Another type of policy includes coverage for liability claims made against you by other people injured while driving their own cars on your street. If someone gets into an accident while they're driving on public streets, they may be able to sue you for damages. [/QUOTE]
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6 Reasons Why You Should Have An Insurance Plan
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