Insurance: Difference between revisions
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== See also == | == See also == | ||
* [[Assurance]] | |||
* [[Captive insurance company]] | * [[Captive insurance company]] | ||
* [[Chartered Insurance Institute]] | * [[Chartered Insurance Institute]] | ||
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* [[Transfer]] | * [[Transfer]] | ||
* [[Underwriting]] | * [[Underwriting]] | ||
[[Category:Financial_risk_management]] | |||
Revision as of 14:33, 28 February 2018
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.
