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Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of potential financial loss. Insurance is defined as the equitable transfer of the risk of a potential loss, from one entity to another, in exchange for a premium and duty of care.
Principles of insurance
Losses must be uncertain.
The rate of losses must be relatively predictable: In order to set premiums (prices) insurers must be able to estimate them accurately. This is done using the Law of Large Numbers which states that: The larger the number of homogenous exposures considered, the more closely the losses reported will equal the underlying probability of loss. If the coverage is unique, the insured will pay a correspondingly higher premium. Lloyd's of London often accepts unique coverages. (e.g., the insuring of Tina Turner's legs and Jennifer Lopez's buttocks)
More on [ Insurance ]
Insurance :: Financial Services
New blog post: Automobile Blog: Excellent Car and Auto Insurance Quotes http://8io8p.th8.us
louiedave (Davelouie Lingue) Sun, 03 Jan 2010 10:20:25 -0000
New blog post: Automobile Blog: Excellent Car and Auto Insurance Quotes http://8io8p.th8.us
New post, "10 Tips to Lower Your Car Insurance Rates and Premiums" - http://ping.fm/2zgMO
gregyoung9 (greg young) Sun, 03 Jan 2010 10:19:30 -0000
New post, "10 Tips to Lower Your Car Insurance Rates and Premiums" - http://ping.fm/2zgMO
~The Happy Immigrant If you are a visitor to Canada, you need travel insurance. More info now. http://bit.ly/3jjz2I
ahappyimmigrant (Canadian Immigrant) Sun, 03 Jan 2010 10:18:10 -0000
~The Happy Immigrant If you are a visitor to Canada, you need travel insurance. More info now. http://bit.ly/3jjz2I
@HouseShoes check public record... If u look up ur name it might come up or I'd check with ur vehicle insurance...
BeAtJuNkie07 (Monique Zamora) Sun, 03 Jan 2010 10:17:36 -0000
@HouseShoes check public record... If u look up ur name it might come up or I'd check with ur vehicle insurance...
i heard it's a good garage - so I guess my insurance co is looking for a cheap garage rather than one that will do the job properly
Kjellyn (Kjellyn Peterson) Sun, 03 Jan 2010 10:17:15 -0000
i heard it's a good garage - so I guess my insurance co is looking for a cheap garage rather than one that will do the job properly
Life is often taken for granted. Insurance shouldn't be! Here's what you need to know! http://bit.ly/703xhw
informedmogul (InformedMogul) Sun, 03 Jan 2010 10:16:59 -0000
Life is often taken for granted. Insurance shouldn't be! Here's what you need to know! http://bit.ly/703xhw
Cocolife - Offers a range of insurance and financial services. It has subsidiaries in the non-life business (UCPB General Insurance), pre-need (Cocoplans), mutual funds (United Fund, Cocolife Fixed Income Fund), asset management (Cocolife Asset Management) and security services (Ultra Security Services, New Ultra, All Nation).
Cocoplans - Offers a range of pre-need products which include pension, educational and life plans. Site has information on their products, business centers and associates, news and frequently asked questions.
First Filipinas Insurance Brokers Corporation - Offers non-life insurance products. With its company profile, mission, product lines, and contact information.
Government Service Insurance System - Official site of the GSIS.
Non Life Insurance Philippines - Car and other non-life insurance products in the Philippines. By Joel Mangilit, licensed Philippine insurance agent.
Meta Description: [ Guide to choosing and buying car insurance in California, NY, and worldwide. Learn more about motor car insurance packages and non life insurance companies. ]
Permanent Plans, Inc. - Offers a wide array of pension plans guaranteed to suite various needs in the Philippines.
Prudentialife Plans, Inc. - Leader in the Pre-need industry. Offers Comprehensive Life, Education and Pension plans for the Filipino family.
The Professional Group Plans Corporation - Offers pension and academic plans.
Yacht Insurance in the Philippines - Marine insurance for yachts underwriters from London brokers for boats sailing in the Philippines or in Philippine ports or yacht clubs like Manila Yacht Club, and Subic Bay Yacht Club.
Meta Description: [ primer on getting yacht insurance, boat insurance, marine insurance , in the Philippines ]
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