Insurance and Pension: Difference between pages

Revision as of 21:27, 3 March 2021

A pension is a periodic payment made to a Pensioner under a pension scheme.

In some countries, such as Australia, the term can alternatively be applied to a lump sum payment on retirement.

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-''Risk management - transferring & pooling risk.''
+A pension is a periodic payment made to a Pensioner under a pension scheme.
-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.
+In some countries, such as Australia, the term can alternatively be applied to a lump sum payment on retirement.
-Insurance is generally provided by specialist insurance companies, to whom an insurance premium is paid by the insured in advance.
 == See also ==
-* [[Assurance]]
+* [[Annuity]]
-* [[Captive insurance company]]
+* [[Asset risk]]
-* [[Chartered Insurance Institute]]
+* [[Dependant]]
-* [[Fixing instrument]]
+* [[Employee Retirement Income Security Act]]
-* [[Force majeure]]
+* [[Means testing]]
-* [[Hedging]]
+* [[Morris Review]]
-* [[HMO]]
+* [[Pensions Act]]
-* [[IAIS]]
+* [[Pension cost]]
-* [[ILS]]
+* [[Pension liabilities]]
-* [[Insurable]]
+* [[Pension scheme]]
-* [[Insurance risk]]
+* [[Pensions risk]]
-* [[Insure]]
+* [[Replacement ratio]]
-* [[Option]]
+* [[Trust]]
-* [[Premium]]
+* [[Trust deed]]
-* [[Reinsurance]]
-* [[Risk]]
-* [[Risk management]]
-* [[Risk response]]
-* [[Trade credit insurance]]
-* [[Transfer]]
-* [[Underwriting]]
-[[Category:Financial_risk_management]]
+[[Category:Accounting,_tax_and_regulation]]
+[[Category:The_business_context]]