Travel Insurance Online

Insurance is a contract between two parties, where one party i.e., the Insured pays a sum of money called a premium and the other party, i.e., the insurer promises to reimburse for the specified type of loss arising. This contract is known as the Insurance policy. An insurance policy is a contract that outlines the terms and conditions under which an insurance company will pay in case of a specified loss. The party that buys an insurance policy is the policyholder. The sum of money which is paid to cover detailed damage is known as the premium.  In case the…