Insurance Glossary
Portal
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.
by MultiMedia and Nicolae Sfetcu
This guide is licensed under the GNU Free Documentation License
Insurance Terms - Insurance glossary and risk management
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