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Choosing a suitable property insurance valuation option helps ensure coverage matches need. Each insurance policy contains a section titled “Valuation” where it defines how property will be valued at the time of a claim. A variety of property insurance valuation options are available. Valuation affects reimbursement – the claim payment. Read More

A businessman without insurance is like a ship without a rudder. It lacks direction and can be easily damaged by any unforeseen event. Insurance is necessary for the businessman to protect his company from risks such as liability, property, casualty, and health. Businesses need insurance to protect themselves from unforeseen events that could cause them financial loss. Read More

An e-auction is a transaction between sellers (the auctioneers) and bidders (suppliers in the business to business scenarios) that takes place on an electronic marketplace. It can occur business to business, business to consumer, or consumer to consumer, and allows suppliers to bid online against each other for contracts against a published specification. Read More

A Fire Insurance Policy is a type of insurance policy whereby the Fire Insurance Company agrees to reimburse the Policyholder for any damage or loss to insured assets because of a fire-related accident. Fire Insurance Coverage includes protection against a range of perils like Fire, Explosion, Implosion, Storm, Floods, Earthquake etc. Read More