National Mutual Insurance Federation of Agricultural Cooperatives
Encyclopedia
The National Mutual Insurance Federation of Agricultural Cooperatives (Japanese: 全国共済農業協同組合連合会), commonly known as "JA Kyosai" (ＪＡ共済) or ZENKYOREN, is Japan's national mutual aid association of agricultural cooperatives, founded based on Japan's Agricultural Cooperative Law. ZENKYOREN was founded in 1951 and provides property
, liability
and life insurance
.
Property insurance
Property insurance provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance or boiler insurance. Property is insured in two main...
, liability
Liability insurance
Liability insurance is a part of the general insurance system of risk financing to protect the purchaser from the risks of liabilities imposed by lawsuits and similar claims. It protects the insured in the event he or she is sued for claims that come within the coverage of the insurance policy...
and life insurance
Life insurance
Life insurance is a contract between an insurance policy holder and an insurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured person. Depending on the contract, other events such as terminal illness or critical illness may also trigger...
.