Insurance - a special kind of economic relations, to ensure insurance coverage for individuals and their cases against various hazards.
Insurance (insurance) in the broadest sense - includes various types of insurance (actually insurance, or primary insurance, reinsurance, co-insurance), which together provide insurance protection.
Insurance in the narrow sense is a relationship (between insurer and insured) to protect the property interests of individuals and legal entities (insurers) upon the occurrence of certain events (insurance claims) from cash funds (hedge funds) that are generated from premiums paid by them (the insurance premium .)
The relationship between insurer and insured, determining exactly how the insurance fund will be formed and how it is spent, is a method of creating insurance products. In the process of historical development was worked out three methods for the creation of insurance products - self-insurance, mutual insurance, commercial insurance.
Insurance (insurance) in the broadest sense - includes various types of insurance (actually insurance, or primary insurance, reinsurance, co-insurance), which together provide insurance protection.
Insurance in the narrow sense is a relationship (between insurer and insured) to protect the property interests of individuals and legal entities (insurers) upon the occurrence of certain events (insurance claims) from cash funds (hedge funds) that are generated from premiums paid by them (the insurance premium .)
The relationship between insurer and insured, determining exactly how the insurance fund will be formed and how it is spent, is a method of creating insurance products. In the process of historical development was worked out three methods for the creation of insurance products - self-insurance, mutual insurance, commercial insurance.
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