Insurance: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Administrator
(CSV import)
 
imported>Doug Williamson
(Link with Insurance risk page.)
Line 9: Line 9:
* [[ILS]]
* [[ILS]]
* [[Insurable]]
* [[Insurable]]
* [[Insurance risk]]
* [[Insure]]
* [[Insure]]
* [[Option]]
* [[Option]]
Line 14: Line 15:
* [[Risk]]
* [[Risk]]
* [[Underwriting]]
* [[Underwriting]]

Revision as of 11:28, 19 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.

See also