Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium, and can be thought of as a guaranteed and known small loss to prevent a large, possibly devastating loss. An insurer is a company selling the insurance; an insured or policyholder is the person or entity buying the insurance. For more details visit https://bestinsurance24x7.com
Life Insurance, General Insurance, Whole Life Assurance, Mon
Rajeena (Leader) (24 Points)
08 December 2009