Insurance for brighter future
Posted on Jan 11, 2008 under review |According to wikipedia, 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. Simply, it mean transfering responsibility of loss to another with montly payment called premium. So, if you loss something that you insure, you can claim your right to the insurer. Sure, if you not violate their term of service.
Many kind of insurance that insurer sell. Here is few of them:
- Corporate insurance plans for employers.
- Life insurance.
- Family insurance.
There still many and many insurance product out there.
Besides the responsibilty transfer, now insurer also sell insurance with investment schema. You can save money on insurance and get your share for your investment. With the insurance you get term life, brighter future for your childreen and family and risk free from unwanted accident.
Stumble it!
