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In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the insurance; an insured or policyholder is the person or entity buying the insurance policy. The insurance rate is a factor used to determine the amount to be charged for a certain amount of insurance coverage, called the premium. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice. The 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 (indemnify) the insured in the case of a large, possibly devastating loss. The insured receives a contract called the insurance policy which details the conditions and circumstances under which the insured will be compensated. From Wikipedia under the
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 mysmartrend.com Tue, 07 Sep 2010 11:34:24 GMT+00:00 Industry (MBI ... Comtex Smartrend Below are the top five companies in the Property & Casualty Insurance industry as measured by beta. Higher-beta stocks mean greater volatility ...  autoracingdaily.com Tue, 07 Sep 2010 12:27:20 GMT+00:00 Auto Racing Daily (Source: MORE TH>N business october 2009) when you buy online as well as other great offers when you buy a business insurance product. ...  sify.com Tue, 07 Sep 2010 16:40:12 GMT+00:00 Scheme Sify Hyderabad: The Andhra Pradesh government has decided to conduct a detailed evaluation of the Arogyasri Health Insurance Scheme being implemented in the ... Andhra Pradesh: Under The Aarogyasri Scheme, 7.30 Lakh Surgeries/Therapies ... India Education Diary From Google News Search: "Insurance" What is the type of insurance that covers bodily injury and property damage to others? Q. 1: What is the type of insurance that covers bodily injury and property damage to others? liability uninsured motorist comprehensive collision 2: What is the type of insurance that covers you when you are injured by a hit and run driver? liability uninsured motorist comprehensive collision 3: Insurance is based on the concept of ___ and ___ profit and loss risk and loss risk and return profit and cars 4: Which type of insurance is usually required if you finance your car purchase? Medical Payment Insurance Towing Insurance Rental Insurance Collision and Comprehensive Insurance 5: Which of the following is not a way that a teenager can save money on insurance? Getting on his or her parents' policy Getting good… [cont.] Asked by dudefornow14 - Tue May 13 12:15:17 2008 - - 2 Answers - 2 Comments A. I didn't study for this test (haha) 1-Liability 2-Uninsured motorist if you were a pedestrian Collision if it's a hit&run in your car 3-Risk & Loss 4-Comp & Collision 5-Driving penalties 6-All of them Answered by Tori - Wed May 14 11:04:23 2008 How does the insurance company find out about moving violations? Q. My understanding is that when you get a moving violation (e.g, a speeding ticket), the police or the courts or whoever will notify your insurance company. When your insurance company finds out and finds out about the points that are now on your license, they raise your insurance premium. However, a friend tells me that he's received several speeding tickets, that his insurance company has never found out (meaning no one is notifying his insurance company), and that his premium has therefore never gone up. How is that possible? Asked by fgeel - Mon Sep 3 14:50:38 2007 - - 7 Answers - 2 Comments A. hes got to be lying or had lawyer take his tickets to court and won! tickets are sent to the states motor vechicle division, thats how they find out about your tickets! TC GL :-) Answered by craig m - Mon Sep 3 14:57:04 2007 What insurance company that operates in CA has the lowest premiums on basic liability insurance?
Q. I had Allstate at one time because it appeared to have the best deal on such coverage while my car insurance has been through Mercury. I'm interested in basic liability, no comp & collision. I've got a clean driving record, car license for years but only a motorcycle permit currently. Thanks! It'd be for a Ninja 250, by the way. Asked by BestAnswerGuy - Thu Sep 17 18:26:50 2009 - - 2 Answers - 0 Comments A. autoinsurance.bebto.com - try this one. I personally have their car insurance, cause it is the cheapest for me in our area. Answered by Jim - Fri Sep 18 11:21:10 2009 From Yahoo Answer Search: "Insurance"  cbsnews.com Fri, 05 Nov 2004 00:00:00 PST Bush outlined four ways to help control the cost of healthcare. Kerry said that the Bush administration has stood in the way of 'common sense ... cbsnews.com.  youtube.com Wed, 02 May 2007 22:34:11 PDT Travelers Insurance rabbit foot commercial. youtube.com. From Google Video Search: "Insurance" |
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