tag:blogger.com,1999:blog-49513808990665750972012-02-16T13:11:12.248-08:00WEBMASTERnoreply@blogger.comBlogger11100tag:blogger.com,1999:blog-4951380899066575097.post-91774902983708206492008-12-26T20:29:00.001-08:002008-12-26T20:52:56.933-08:00<div style="text-align: center;"><span style="color: rgb(102, 102, 102);font-size:180%;" ><span style="font-weight: bold;">World Insurance</span></span><br /><br /><br /><br /><div style="text-align: justify;"><span style="font-family: georgia; color: rgb(102, 0, 0);font-size:130%;" ><span style="font-weight: bold;">Insurance is a form of a risk management primarily is used to hedge against the risk of a contongent loss. Insurance is define of a equitable transfer of the risk of loss from one entity to another, in exchange for a premium and can be taught of as a guaranteed of small loss to prevent a large, possibly devasting loss. An insurer is company who sell insurance an insurred is the person or entity buying the insurance. The insurance rate is a factor used to determine the amount, called the premium, to be charged for a certain amount of insurance coverage.Risk management, the practise of appraising and controlling risk, has evolved of a discrete field of study and practise.</span><br /> <br /> <span style="font-weight: bold;">The principal of insurance:</span><br /> </span><ol style="font-weight: bold; font-family: georgia; color: rgb(102, 0, 0);"> <li><span style="font-size:130%;">A large number of homogenous exposure units</span></li> <li><span style="font-size:130%;">Definite loss</span></li> <li><span style="font-size:130%;">Accidental loss</span></li> <li><span style="font-size:130%;">Large Loss</span></li> <li><span style="font-size:130%;">Affordable Premium</span></li> <li><span style="font-size:130%;">Calculable loss</span></li> <li><span style="font-size:130%;">Limited risk of castratratoppically large losses.</span></li> </ol><span style="font-family: georgia; color: rgb(102, 0, 0);font-size:130%;" ><span style="font-weight: bold;"> Types of insurances</span><br /> <br /> <span style="font-weight: bold;">Any risk that can be quantitified can pottencially be inssured. Specific kinds of risk that may give rise to claims are known as 'peril'.</span><br /> <span style="font-weight: bold;">This is the type of insurance:</span><br /> </span> <ul> <li style="font-weight: bold; font-family: georgia; color: rgb(102, 0, 0);"><span style="font-size:130%;">Auto Insurance</span></li> <li style="font-weight: bold; font-family: georgia; color: rgb(102, 0, 0);"><span style="font-size:130%;">Home insurance</span></li> <li style="font-weight: bold; font-family: georgia; color: rgb(102, 0, 0);"><span style="font-size:130%;">Health</span></li> <li style="font-weight: bold; font-family: georgia; color: rgb(102, 0, 0);"><span style="font-size:130%;">Disability</span></li> <li style="font-weight: bold; font-family: georgia; color: rgb(102, 0, 0);"><span style="font-size:130%;">Casualty</span></li> <li style="font-weight: bold; font-family: georgia; color: rgb(102, 0, 0);"><span style="font-size:130%;">Life</span></li> <li style="font-weight: bold; font-family: georgia; color: rgb(102, 0, 0);"><span style="font-size:130%;">Property</span></li> <li style="font-weight: bold; font-family: georgia; color: rgb(102, 0, 0);"><span style="font-size:130%;">Liability</span></li> <li style="font-weight: bold; font-family: georgia; color: rgb(102, 0, 0);"><span style="font-size:130%;">Credit</span></li> <li style="font-weight: bold; font-family: georgia; color: rgb(102, 0, 0);"><span style="font-size:130%;">Other types such as financial loss insurance.<br /> </span></li> </ul> </div> </div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/4951380899066575097-9177490298370820649?l=financial-lifeinsurance.blogspot.com' alt='' /></div>WEBMASTERnoreply@blogger.com1