![]() The amount of money charged by the insurer to the policyholder for the coverage set forth in the insurance policy is called the premium. ![]() The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insurer will compensate the insured. ![]() The loss may or may not be financial, but it must be reducible to financial terms, and usually involves something in which the insured has an insurable interest established by ownership, possession, or pre-existing relationship. 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. A person or entity who buys insurance is known as an insured or as a policyholder. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.Īn entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter. Insurance is a means of protection from financial loss. Silahkan lanjutkan atau unduh file yang Anda butuhkan di laman ini. ![]()
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