Law and economics insurance is a form of
risk management that are used to hedge the risk of potential loss is uncertain mainly as follows.Premium, in exchange for
payment, has been defined as a fair risk of loss transfers from person to person.
Insurance companies, insurance policyholder or
insured person, company or insurance company that sells. Insurance premium rates, the fixed amount, a factor used to determine how to perform a so-called premium rate. Risk management, risk assessment and control practices have evolved as a discrete field of study and practice. The contract, expected a loss of warranty (free)
financial institutions (individuals) for relatively unknown in the form of payments to insurers in exchange for a promise to compensate the insurance company and the insured loss are also included. The insured contract, called a policy, terms and conditions are available for you are receiving more compensation.
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