Insurance plays an important part in people’s lives by taking out the worry and helping the whole community.

Insurance is all about ‘pooling’.

A large number of people pay a small amount of money into a ‘pool’.

For example if their property is damaged, stolen or destroyed or if someone suffers an injury, the ‘pool’ is there to help pay for repairs, replacement or compensation for injury.

This means those who put money into the ‘pool’ may not have to pay some or all of the repair, replacement or in case of injury, the medical and associated costs.
Insurance gives peace of mind, letting people get on with their lives.

To read IAG Insurance Basics, please download Acrobat Reader here IAG Insurance Basics.pdf