Social Business and Real Estate

Posts Tagged ‘insurance company’

You should do when buying a home using a mortgage loan mortgage alias. Well, that did not reach the difficulty many times when disaster strikes in the middle of the road, you must pay mortgage insurance fees at the earliest. Thus, in the middle of the road if you die, the ideal occupancy remains family owned. That’s because insurers will pay off the rest of your loan at the bank. Well, insurance will protect us from disasters like what? Also, how large should nan premiums paid to insurance companies? Answering these questions, let us see the explanation below.

1. Broadly speaking, there are some nan insurance forms required by the banks to mortgage borrowers. That among other life insurance and general insurance / fire. As we have mentioned in early writings, with life insurance, failed to pay due to the risk of death during the period of repayment, will be covered by insurance companies. Large value of the insurance company paid in accordance with the total remaining installments. As for life insurance / house fires to protect the debtor from severe accidents such as fires. If the house is on fire, the insurance company undoubtedly menggerojokkan redevelopment costs. Similarly, if the house was defective because of severe natural disasters such as floods.

2. What is the value of premiums paid by the debtor must nan mortgages to insurance companies? Here, in brief, it can be said that these values range from 1% to 2% of the credit ceiling. For instance, when a person get a loan amounting to Rp80 million to Rp100 million worth of homes, he disemati insurance costs amounting to Rp800.000 to Rp1, 6 million (1% to 2% of the credit limit). A number of insurance companies that had weighed in determining the value of life insurance premiums. Among others, the age of debtors; increasingly older age borrower, the greater the value premium. Another thing that is the credit period; increasingly long term, the greater the value premium. Read the rest of this entry »

What is Insurance where insurance is a system of financial loss by channeling lower the risk of losing the person or entity to another. Agency risk that channel called “the insured”, and the agency receiving the risk is called “the insurer”. The agreement between the two entities is referred to the policy: this is a legal contract that explains each of the terms and conditions protected. Costs paid by “tetanggung” to “insurer” for the risks borne called “premium”. This is usually determined by the “insurer” for funds that can be claimed in future, administrative costs, and profits.

Insurance Act No.2 of 1992 on business insurance is an agreement between two or more parties, by which the parties committed themselves to the insurer to the insured, by accepting the insurance premium, to provide reimbursement to the insured for loss, damage or loss of profits or expected legal responsibility to a third party which may be suffered by the insured, arising out of an uncertain event, or provide a repayment that is based on a person dies or lives insured. Read the rest of this entry »