It is a way to confront the risks to which a person is exposed during his life to alleviating its impact, by paying a subscription or a premium, and the amounts collected are then distributed when needed, so the Insurance is a practical reality, and it is one of the best means that enables a person to reduce the effects of the disasters, whether these disasters happened by the person himself, with his negligence or neglect, or by the action of others.
Marine, air and land insurance
This insurance covers and mitigates the effects of the risks to maritime, air, or land transport.
Private insurance and social insurance
The private is the one that the individual does to insure his property or life in insurance companies, while social insurance is the insurance that is guaranteed by the state to cover the risks that the working class in society may be exposed to.
Damage insurance
This insurance is held by the person to cover the risks to which his property may be exposed, and it is of two types.
Insurance for things: insurance for the insured's money.
Liability insurance: This insurance covers the costs if the error was committed by the insured, for instance, the insured has destroyed the property of another person in this case, and liability insurance covers the costs of subversion and prevents the other party from holding him responsible.
Personal insurance
This insurance will cover the costs of any risks that occur to the insured person, which is of several types.
Life insurance: In the event of death, the insurance company will pay the insurance fees for the death of the insured, or in the case of survival, the insurance company pays the amount of insurance at a certain time for the insured himself, or in the case of marriage, where the insurance company pays the insurance amount to the insured if He got married before a certain date, or in the case of childbirth: The insurance company will pay the insurance fees for the insured if he gives birth to a newborn.
Sickness insurance: In this case, if the insured is exposed to any disease, this type of insurance covers the costs of treatment.
Accident insurance: If the insured is exposed to an accident, this type of insurance pays an amount to the insured, and it covers physical accidents, disability, death, and so on.
It achieves the principle of cooperation among a group of individuals exposed to the same risk, it also helps preserve the insured's wealth by compensating them for losses that may be exposed to them due to the danger, in addition to that it provides reassurance in the hearts of individuals, as it provides protection and safety for individuals and companies alike by studying the causes and the development of appropriate solutions it also procedures to address each type of risk, moreover, insurance facilitates individuals obtaining loans from banks because they will be able to collect the value of the loan from the insurance company upon the death of the borrower if he has life insurance.
Honesty is one of the most important conditions for success as an insurance employee, you also must have specialized training and courses in marketing and sales skills, moreover, you need to go towards advanced tools to provide service to clients by using social media to display, market and sell any insurance products through honest advertisements.
Insurance jobs in Bahrain and many other jobs are now available on OpenSooq application; it also provides many other services in Bahrain and all around the world.