 |
What is insurance? |
[Edit] |
Answer
the act, system, or business of insuring property, life, one's person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a payment proportionate to the risk involved.
=============================== coverage by contract in which one party agrees to indemnify or reimburse another for loss that occurs under the terms of the contract.
================================ the contract itself, set forth in a written or printed agreement or policy.
========================== any means of guaranteeing against loss or harm
=====================================
First answer by ID3716188723. Last edit by ID3716188723. Question popularity: 10 [recommend question]
|
Also see on Answers.com
Research your answer: |
- What will make insurance cheaper?
- Why are thousands of Aflac customers canceling their insurance policies due to their disgust with Aflacs decision to pull advertising from the Michael Savage Show?
- How can you find information about Premier Bancorp Inc Retirement Trust group annuity handled by Metropolitan Life?
Answers.com > Wiki Answers > Categories > Business and Finance > Insurance > What is insurance?
Our contributors said this page should be displayed for the questions below. (Where do these come from ) |
| If any of these are not a genuine rephrasing of the question, please help out and edit these alternates. |
