Definition: The word "insurancy" typically refers to a policy of insurance in which an insurer agrees to pay damages or losses caused by certain events or conditions, such as natural disasters or accidents. For example, if you own a home and it gets damaged during a hurricane, the homeowner may decide to purchase home insurance that covers damage from water intrusion, wind erosion, or fire. This type of policy would provide an insurer with liability coverage for any damages incurred by the homeowner's property. In Switzerland, there is a tradition known as "insurancy", which involves purchasing policies for various types of risks such as earthquakes and floods. The process can be complex, so it is recommended to seek advice from a qualified professional who can help you understand these policies and make an informed decision about whether or not you should purchase them. The word "insurancy" has a different meaning in English compared to the German one. In the context of insurance policies in Germany, "insurancie" refers to any policy that covers losses caused by certain events or conditions. So, if you own a home and it gets damaged during a hurricane, it would be covered under an insurancy policy.
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