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INSURANCE

INSURANCE: Insurance Glossary Dictionary IV - INSURANCE

Definition and meaning of INSURANCE :

 

INSURANCE: A system to make large financial losses more affordable by pooling the risks of many individuals and business entities and transferring them to an insurance company or other large group in return for a premium.

(Source: Insurance Information Institute )

 

Also see these pages: INSURANCE , Insurance, Insurance Sitemap, Insurance Dictionary - I

 

INSURANCE, <lst:keywords>, INSURANCE Glossary, INSURANCE Dictionary, INSURANCE Terms, Insurance, Insurance Dictionary, Insurance Glossary, Insurance Terms, Insurance Dictionary - I, Insurance Glossary - I, Insurance Terms - I,

INSURANCE: Insurance Glossary Dictionary IV - INSURANCE



 

Definition of INSURANCE:

 

INSURANCE: A system to make large financial losses more affordable by pooling the risks of many individuals and business entities and transferring them to an insurance company or other large group in return for a premium.

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The meaning of INSURANCE is an excerpt from Insurance Information Institute:

 

"The mission of the Insurance Information Institute (I.I.I.) is to improve public understanding of insurance -- what it does and how it works.

 

For more than 40 years, the I.I.I. has provided definitive insurance information. Today, the I.I.I. is recognized by the media, governments, regulatory organizations, universities and the public as a primary source of information, analysis and referral concerning insurance.

 

Each year, the I.I.I. works on more than 3,700 news stories, handles more than 6,000 requests for information and answers nearly 50,000 questions from consumers.."

 

See the website here: http://www.iii.org/media

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Also see: INSURANCE ,

 

Insurance glossary, Insurance dictionary

 

Insurance terms
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