Various types of policies accompany a person throughout his life. All of them are insurance tools designed to protect people during periods of certain dangers. What is a policy, and what basic types of insurance does a person face in everyday life?
Initially, the word "policy", derived from the Latin language, called the state form of organization of Ancient Italy and Ancient Greece. Then on the territory of those countries a city-state was formed with a different power and social structure. In the modern world, an insurance document is considered a policy. Insurance is a type of economic relationship that protects the interests of individuals and legal entities. The first policy for a newborn is issued by parents, and it is called a certificate of compulsory health insurance. According to the Constitution of the Russian Federation, every citizen of the country has the right to free medical care, but it is provided only if there is an appropriate insurance document. Therefore, parents should contact the point of issuance of MHI policies with an application for a policy for the child. If a person changes his place of residence, he has the right to obtain a new certificate of mandatory medical insurance at the place of new registration. With age, people can draw up other types of policies on a contractual basis. This process is carried out by staff of insurance companies and insurance brokers. All insurance in our country is divided into two types - compulsory and voluntary. Mandatory types of insurance include, for example, compulsory motor third party liability insurance of vehicle owners. Under current legislation, all motor vehicles must be compulsory for compulsory motor third-party liability insurance. Also in Russia, compulsory personal insurance of military personnel and long-distance passengers has been introduced. In addition, if desired and financially possible, anyone can conclude an agreement on voluntary medical insurance (VMI), life insurance, property insurance, pet insurance, etc. For each type of voluntary or compulsory insurance, the issuance of policies of special standard forms is provided.
