Browse Insurance Services in Negros Oriental, Philippines or list your own. Advertise, sell your property, list it for letNegros Oriental (Cebuano: Sidlakang Negros), also called Oriental Negros or Eastern Negros, is a province located in the region of Central Visayas, in the Philippines. It occupies the southeastern half of the large island of Negros, and borders Negros Occidental, which comprises the northwestern half. It also includes Apo Island, a popular dive site for both local and foreign tourists.
Negros Oriental faces Cebu to the east across the TaƱon Strait and Siquijor to the south-east (which happened to be part of the province before). The primary spoken language is Cebuano and the predominant religious denomination is Roman Catholicism. Dumaguete City is the capital, seat of government and most populous city of the province. With a population of 1,354,995 inhabitants, it is the second most-populous province in Central Visayas after Cebu, the fifth most-populous province in the Visayas and the 19th most-populous province of the Philippines.
Insurance is a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.
An entity which provides insurance is known as an insurer, insurance company, or insurance carrier. A person or entity who buys insurance is known as an insured or policyholder. The insurance transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms, and must involve something in which the insured has an insurable interest established by ownership, possession, or preexisting relationship.
The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insured will be financially compensated. The amount of money charged by the insurer to the insured for the coverage set forth in the insurance policy is called the premium. If the insured experiences a loss which is potentially covered by the insurance policy, the insured submits a claim to the insurer for processing by a claims adjuster.Source: https://en.wikipedia.org/