Insurance is a valuable risk-financing tool. Purchasing insurance, however, is not risk management. A thorough and thoughtful risk management plan is a defensive measure used against future conditional losses.
LIFE INSURANCE is a commitment or an agreement between the policy owner and the insurer. In the event of the uncertain event, the insurer agrees to indemnify or provide a per-determined compensation to the beneficiary of the life policy. Broadly, insurance can be categorized into TERM insurance and PERMANENT insurance.
DISABILITY INSURANCE: - Insurance Policy that pays benefits in the event that the policyholder becomes incapable of working.
We at ONS Financials Inc. deal with 15 different insurance companies to help provide you with a competitive coverage on all different kinds of insurance products.
