Why there is a need for a Taxi Insurance Policy? YOU NEED TO GET INSURANCE FOR YOUR MINIBUS | Page 2

F i r s t l y, y o u n e e d t o u n d e r s t a n d f u l l y t h a t w h a t i s i n s u r a n c e a n d how does it work? So, insurance is a means of protection that ke e p s y o u s a fe f r o m a n y s o r t o f f i n a n c i a l l o s s o r d a m a g e . A p e r s o n w h o FABRIKAM g i v e RESIDENCES s y o u a n i n s u r a n c e i s k n o w n i n s u r a n c e c o m p a n y, i n s u r e r, i n s u r a n c e c a r r i e r, a n d u n d e r w r i t e r. S i m i l a r l y, a p e r s o n w h o t a ke s a n i n s u r a n c e f r o m a n o t h e r p e r s o n o r f r o m a n organization is known as policyholder or insured.