The essence of insurance is an agreement between customers and insurance (the insured) with an insurance company (insurer) regarding the transfer of risk from the customer to the insurance company.

Risk being transferred include: the possibility of material losses can be assessed by experienced customer money, as a result of circumstances that may / will happen is uncertain (uncertainty of occurrence and uncertainty of loss).

For example:
Risk of burning buildings and / or Property therein as a result of lightning strikes, human carelessness, a short circuit.
Risk of damage to the car because of traffic accidents, loss due to theft.
Death or injury due to accidents, illness.
Flood, tornado, storm, earthquake, tsunami

OUTLINE OF THE FIELDS OF INSURANCE consists of 3 (THREE) GROUP, namely:

GENERAL INSURANCE:
Which consists of insurance for the Property (Property), the Financial Interest (Pecuniary), Liability (Liability), and Self Insurance (Accident Insurance and Health Insurance).

SOUL INSURANCE:
Issues concerning the death of the insured in the insurance period or remain alive until the end of the Life Insurance Policy is concerned. Insurance companies are also allowed to market products Accident and Health Insurance.

SOCIAL INSURANCE:
Mandatory insurance is a program organized by the Government Act. The intent and purpose of social insurance is to provide basic guarantees for the community and aims to not get the commercial benefits.

THE DIFFERENCE BETWEEN SOUL AND INSURANCE GENERAL INSURANCE BETWEEN THE OTHER IS:
In Life Insurance there is an element of protection (protection) and the savings element, while in the General Insurance there are only a protection element only.

Payment of claims for damages or compensation from the Life Insurance has been determined at the beginning of the agreement, while in the General Insurance determined when the loss occurred

CORPORATE MANAGER-wheel drive
The role of managers in a company is not limited to operations only, but rather on achieving company goals. To be able to perform that role well, the necessary knowledge about the company’s activities and its relation to funding and financing.
Every manager of today needs to understand about finance, whether he’s marketing manager, production manager or managers of other functions outside the financial sector. This course is designed to meet those needs. Starting from basic principles, you will experience a steady progress through the program that is not boring with brief lectures, practical exercises and case studies.
You will be able to clearly see the scope of the financial aspects, both financial accounting and management accounting and the role of the tools of financial information to other areas within the company.

The financial needs of women began to increase after marriage, childbirth, educate children, to retire. After a period of retirement age, you are no longer productive, it means no more income productive age appropriate. With appropriate financial planning stages of your life, you can get a better financial condition though no longer productive.

Prudential’s share ways to manage finances, as outlined in the book titled “Managing the Fund for Women Tips: Investing in Your Future.”

Single people aged 20-30 years
Should begin to recognize your financial condition in the early career and work, while you are still very productive. You must already have an income, but check back to how much expenditure or liability, such as personal loans, credit card bills, or help the needs of the family.

Do not forget, there are expenses associated with your wishes. For example, want to have a private vehicle, laptop, vacation, continuing education, get married and honeymoon.

By understanding the sources of your income and expenditure, continue preparing a monthly budget. Allocate finance under the post and scale of your priorities. We receive a monthly salary, simply take 10 percent for savings
Begin to familiarize yourself to be disciplined and committed to managing finances since the age of earning.

Couples aged 25-35 tahunSejak married, you and your spouse had total income increases. Personal expenses can be more efficient because it is borne along. But still allocate a reserve fund amounting to 3-6 times the monthly expenditure. Also, start looking for the right investment products as required. Of course, before you have first have a savings.

Insurance needs are also important for those of you who have more funds. Polar life insurance for the head of the family.

If two heads have different needs and desires, then communicate and set long term goals together. For example, you and your partner will want to honeymoon. Preparation of pregnancy and childbirth have also started planned financially for a young couple, including other needs such as vehicles, homes, and children’s education. Set the priority of needs and how financial planning.