The safeguarded gets an agreement, called the protection strategy, which subtleties the conditions and conditions under which the guarantor will remunerate the guaranteed . The measure of cash charged by the back up plan to the policyholder for the inclusion set out in the protection strategy is known as the premium. medical insurance plans in dubai , In the event that the guaranteed encounters a misfortune which is possibly covered by the protection strategy, the safeguarded presents a case to the safety net provider for handling by a cases agent. The safety net provider may support its own danger by taking out reinsurance, whereby another insurance agency consents to convey a portion of the dangers. Particularly if the essential safety net provider considers the danger excessively huge for it to convey