What Is Insurance?

Insurance is a contract, represented by a policy, in which a policyholder receives financial protection or reimbursement against losses from an insurance company. The company pools clients’ risks to make payments more affordable for the insured. Most people have some insurance: for their car, their house, their healthcare, or their life.

Insurance policies hedge against financial losses resulting from accidents, injury, or property damage. Insurance also helps cover costs associated with liability (legal responsibility) for damage or injury caused to a third party.

How Insurance Works

Many insurance policy types are available, and virtually any individual or business can find an insurance company willing to insure them—for a price. Common personal insurance policy types are auto, health, homeowners, and life insurance. Most individuals in the United States have at least one of these types of insurance, and car insurance is required by state law.

Businesses obtain insurance policies for field-specific risks, For example, a fast-food restaurant's policy may cover an employee's injuries from cooking with a deep fryer. Medical malpractice insurance covers injury- or death-related liability claims resulting from the health care provider's negligence or malpractice. A company may use an insurance broker of record to help them manage the policies of its employees. Businesses may be required by state law to buy specific insurance coverages.2


Types of Insurance

There are many different types of insurance. Let’s look at the most important.

Health Insurance

Health insurance helps cover routine and emergency medical care costs, often with the option to add vision and dental services separately. In addition to an annual deductible, you may also pay copays and coinsurance, which are your fixed payments or percentage of a covered medical benefit after meeting the deductible. However, many preventive services may be covered for free before these are met.

GTU Degree Engineering 1st Year Study Material {Everything}

Here in this article, I provided GTU Degree Engineering 1st Year or Sem 1 & Sem 2 Study Material Books PDFs For All Branches of Bachelor of Engineering.

It includes GTU Information Technology Study Material, Computer Engineering Study Material, Civil Engineering Study Material, Mechanical Engineering Study Material, Electrical Engineering Study Material, Electronics Engineering Study Material, Electronics & Communication Engineering Study Material or etc department study material.

GTU BE 1st Year Study Material

3110003 – PPS

3110004 – BCE

3110005 – BEE

3110006 – BME

3110007 – ES

3110016 – BE

3110011 – Physics 1

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27 thoughts on “GTU Degree Engineering 1st Year Study Material {Everything}”

    1. First, download the zip file by clicking on that link. After that extract the zip file, so you will see the EGD PPS file, then download WPS Office App and open EGD PPS File

      anything else then comment here will reply to you

    1. Thanks for informing.
      The issue has been caused because Google deleted all the files from the drive.
      I will try to fix it as fast as possible.

    1. Open ppt in read-only mode, description password is not set by me and is only required to make changes in ppt. you can read ppt without a password.

    1. The ppt does not require a password to view. It is only required to moderate the PPT content. So select the “read-only” option when you open PPT.

  1. There is Only 3 Chapters Are in 1st Sem BEE Guid GTU Mahajan Publication . Need Full One . Please , it’s humble request 🙏. Subject Code -3110005

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