Insurance: Difference between revisions
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imported>Doug Williamson (Link with Insurance risk page.) |
imported>Doug Williamson (Added 1 line space before see also) |
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Insurance is generally provided by specialist insurance companies, to whom an insurance premium is paid by the insured in advance. | Insurance is generally provided by specialist insurance companies, to whom an insurance premium is paid by the insured in advance. | ||
== See also == | == See also == | ||
Revision as of 09:44, 30 May 2015
A contract designed to provide protection against specified types of risk or loss, by paying out to the insured party in the event that the insured loss occurs.
Insurance is generally provided by specialist insurance companies, to whom an insurance premium is paid by the insured in advance.
