The insured event is an event that has occurred in the contract

In Russia, there are quite a few insurance companies that provide their services to the public. In this article we are talking about the fact that an insurance event is a fait accompli, implying guaranteed payment to the insured by law.

Types of insurance

Relationships that protect the rights of individuals and legal entities, subjects of the Russian Federation and municipal organizations when certain unpleasant incidents occur due to monetary funds formed by insurers from contributions paid or other means are called insurance. It is compulsory and voluntary.

Kinds:

• Personal - medical (health, accidents) and retirement. On its basis, many different products have been developed.
• Civil liability (damage to health or property to third parties - enterprises or citizens).
• Property (goods, any vehicles, financial risks).
• Reinsurance is a system of relations that includes the transfer of part of the responsibility from one person to other insurance companies.

Relations between insurers and policyholders

Is the insurance case any negative event? This statement is subject to clarification due to certain conditions under the contract, in which the obligations of the parties must be clearly stated.

Under the law, the insurance event is not any unfavorable circumstances that occurred with the injured party, but the events that have occurred, strictly fixed in the terms of the contract.

Insurers are foundations providing their services to protect the rights of their charges and accepting security for the payment of sums of money in the event of unforeseen circumstances stipulated in the concluded agreement between the parties.

Insurers are persons (private or companies) paying insurance premiums and receiving compensation in the event of the occurrence of various adverse consequences prescribed in the contract.

What is meant by insured events

The insured event is a confirmed fact of causing damage to the insured person, as a result of which the policyholder is obliged to reimburse him in accordance with the legislation and the terms of the concluded contract.

The insured event is:

• The come illness at health insurance.
• An accident that occurred when a car hit an accident.
• Theft and fire of property.
• Bankruptcy.
• Natural disasters (floods, storms, hurricanes).

These species are valid only when they are specified in the agreement of the fund, which stipulates that the insurance event is the occurrence of unfavorable conditions under which it is necessary to apply to the insurer. He will invite an appraiser and make a payment of compensation for the losses incurred.

Currently, there are many companies that have established a firm position in the insurance market. Some of the largest ones are SOGAZ, Rosgosstrakh, Ingosstrakh, Soglasie, Alliance, RESO-Garantia, Alfa-Insurance, VSK, VTB Insurance and MSK Insurance Group ". The funds have a positive reputation, reliable reserves and are ready to offer their customers a variety of profitable products.