Insurance is a clause or agreement between the two sides, where the party is obliged to pay the premium. The other is under obligation to give full assurance to the payer/contribution/premium should anything happen to the first or his or her possessions as indicated by the agreements made)
The term is usually insured to refer to everything that gets protection. Wikipedia
Which insurance product should be taken? Which should be taken, is it the product of a link unit or simply life? Why should certain insurance products not be taken? These are examples of questions that people often raise who are still confused about insurance products. Here are the juridical and practical aspects of insurance companies, either privately managed or otherwise managed under sharia principles. The many insurance agencies offering varying products require understanding by the prospective clients or those participating in them. With understanding, it is hoped that the insurance products will not be disadvantaged. Using this publication may make it easier for you to understand and choose a product, lest you get caught up in disappointing insurance service.
