With the level of uncertainties that have been evident in life within the past decades, it has become paramount for individuals to take up insurance policies to cover their properties against damage or losses, and also to cover themselves from the injuries that may occur to them. These may be caused by various factors which include health hazards, physical perils and other risks that surround humanity. As a result, a lot of insurance companies have sprouted in the recent past, all of them coming up with products that are designed for the various perils that face human beings. To access the market conveniently, the insurance companies have hired employees in various parts of the country, who interact with the customers and the potential buyers of insurance, so that they can maneuver through the stiff competition in the insurance market.
Some of the companies form structures called units in various locations all over the country and internationally. These units have their managers who monitor the performance of the sales agents and the other staff so that they can ensure a smooth running of activities in the area and the entire company. Accessing a resident unit manager insurance is more comfortable than the company manager, and hence it becomes more convenient for the customers to launch their issues whenever they have them regarding their insurance policies. Consequently, the customers happy and their satisfaction builds up. It, therefore, becomes quite easier for such companies to sell their products to the customers since the clients are confident in them that they would receive a listening ear in case of a claim.
One of the insurance products that a lot of companies offer in the market today is the life assurance policy. This policy is considered the most versatile product since it covers a lot of risks to which individuals are exposed. One of the risks covered by the life assurance policies is death. As we all understand, everyone has to pass out at one time or the other. For this reason, it is essential for the individuals who are breadwinners of their families to ensure that they have a life assurance policy in place so that their dependents can be safe in case they died prematurely. In case of such a happening, the insurance company pays the estate of the deceased a predetermined amount of money, which is agreed upon at the time of incepting the policy contract.
The life policy also covers the life assured against any bodily injury that may occur to them while the policy is still in force. This is put categorically as a result of an accidental event to protect the insurance companies from paying claims to claimants of self-inflicted injuries. In case the life assured experiences a risky event that results in bodily injuries or loss of a body part, the company compensates the victim all the amount that they spend on medical charges. The insurance company may also compensate them for the income lost during the period that they had been undergoing treatment. This makes the life assurance policy the essential policy cover for any individual.