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Insurance

Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the insurance; an insured or policyholder is the person or entity buying the insurance policy. The insurance rate is a factor used to determine the amount to be charged for a certain amount of insurance coverage, called the premium. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice.

The transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer's promise to compensate (indemnify) the insured in the case of a large, possibly devastating loss. The insured receives a contract called the insurance policy which details the conditions and circumstances under which the insured will be compensated.



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  • stevelavin posts fanhouse

    Get NFL, NBA, MLB, NHL, NASCAR and college sports news from FanHouse, including stats, scores, results and player updates from pro and college sports leagues.
    Source : http://www.fanhouse.com/tag/SteveLavin/





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    SteveLavin is a Walk-On in the SpartanTailgate.com - Michigan State Spartans Athletics Forums. View SteveLavin's profile.
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  • st john's hoping steve lavin who helped ucla's revival

    The present state of New York college basketball draws many comparisons to the lack of college basketball success experienced in L.A. in the '80s: the traditional powers have had
    Source : http://www.nydailynews.com/sports/college/2010/06/29/2010-06-29_st_johns_hoping_steve_lavin_who_helped_uclas_revival_can_do_same_for_red_storm.html




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    The UCLA Bruins Official Athletic Site, partner of CSTV Networks, Inc. The most comprehensive coverage of UCLA Bruins Athletics on the web.
    Source : http://www.uclabruins.com/sports/m-baskbl/mtt/lavin_steve00.html




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    Steve Lavin News. Find breaking news, commentary, and archival information about Steve Lavin from the Los Angeles Times
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    Steve Lavin was born on Friday, September 04, 1964 in San Francisco and he is a famous basketball player from United States
    Source : http://people.famouswhy.com/steve_lavin/




  • steve lavin

    Steve Lavin: Steve Lavin (born September 4, 1964) is an American basketball coach and TV analyst. The San Francisco, California native was the head coach of the UCLA Bruins men's
    Source : http://search.intelius.com/Steve-Lavin




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