Have you just taken a policy? Have you been explained about the limits of your policy? Let us, at Doran Insurance & Services, make it clear for you the benefits and purposes of an insurance policy. We are a full-service independent agency whose main focus has always been on how to help our clients save money. Being a locally owned and operated agency, we are well aware of the specific requirement of the people Illinois when it comes to the protection of your home, auto, life, and even coverages for your farm, crops, and other products. Our professionals understand the dynamics involved and the risks faced by our clients be it personally or commercially, this helps them come up with the right coverage for you from our vast network of top-notch insurance agencies. We can even review the current policy of the people of Burlington, IA, Oquawka, IL, Aledo, IL, Macomb, IL, Roseville, IL, and Stronghurst, IL to make sure you are adequately protected.
Below we have mentioned 3 types of most important pure risks that need insurance cover. Take a look.
- Personal risks
These are general risks that have a great impact on the person’s capabilities to earn for his family. It can be old age, unemployment, premature death, prolonged sickness, or disability due to an accident. Having insurance will cushion the blow on the sudden stoppage of family income.
- Property risks
The risks that arise when a person’s possession is damaged are known as property risk. Whether these are lands and buildings destroyed by earthquakes and floods or vehicles and other belongings stolen or tampered with. Insurance covers all these risks.
- Liability risks
Risks cause due to negligence or carelessness to a person or his property fall in this category. At times these risks even arise because of others’ failure like the financial losses to a business because a deal didn’t go through.
So, if you want to know what other things insurance covers, you can contact us.