Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.
An entity which provides insurance is known as an insurer, an insurance company, an insurance carrier or an underwriter. A person or entity who buys insurance is known as an insured or as a policyholder. The insurance 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 the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms, and usually involves something in which the insured has an insurable interest established by ownership, possession, or pre-existing relationship.
The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insurer will compensate the insured. The amount of money charged by the insurer to the policyholder for the coverage set forth in the insurance policy is called the premium. If the insured experiences a loss which is potentially covered by the insurance policy, the insured submits a claim to the insurer for processing by a claims adjuster. A mandatory out-of-pocket expense required by an insurance policy before an insurer will pay a claim is called a deductible (or if required by a health insurance policy, a copayment). The insurer may hedge its own risk by taking out reinsurance, whereby another insurance company agrees to carry some of the risks, especially if the primary insurer deems the risk too large for it to carry.
Financial Independence Group has serviced the independent financial professional space nationwide for over 40 years. In addition to being a leading product distributor in the insurance industry, FIG is independently owned and operated with a mission to bring accessible marketing solutions, back office support, and networking opportunities to the independent financial professional.
Street : 19520 W Catawba Ave, Cornelius, North Carolina, United States, 28031-3707
Marsh is a global leader in insurance broking and risk management, bringing global, national, and industry- specific solutions.
Street : New York, New York, United States
Save for your child’s future no matter what it holds. Tuition. Down payment. Start-up fund. Canada's fastest growing RESP alternative.
Street : 4211 Yonge St, Toronto, Ontario, Canada, M2P 2A9
There is no substitute for experience. Look to KSI to protect your personal or corporate assets, reduce your risks and deliver uncompromising results.
Street : 1120 Professional Ct, Hagerstown, Maryland, United States, 21740
Arbella Insurance has been here in New England since 1988, so we’re uniquely qualified to provide you with your auto, home, and business insurance needs.
Street : 1100 Crown Colony Drive, Quincy, Massachusetts, United States, 02169
Find out everything you need to know about having California car insurance and get a quick, low CA auto insurance quote at no cost.
Street : 3 Beaver Valley Road, Wilmington, Delaware, United States, 19803
Buy or renew insurance online with Bajaj Allianz. We offer life insurance, car insurance, term insurance, travel insurance, ULIP, health insurance plans and more.
Street : Jail Road, Pune, Maharashtra, India, 411006
Global Excel is a worldwide premium medical cost containment company, providing services to a broad range of market segments. Our partners trust our expertise in controlling healthcare costs for the management of their claims dollars as well as our ability to provide a superior member experience.
Street : 73 Rue Queen, Sherbrooke, Québec, Canada, J1M 0C9
Founded in New Bedford and located in Dartmouth, Sylvia Group your expert adviser for Massachusetts insurance, employee benefits and financial planning.
Street : 500 Faunce Corner Rd, Dartmouth, Massachusetts, United States, 02747
HealthSherpa is the fastest and easiest way to enroll in ACA / Marketplace health insurance. Click on the link to shop and compare plans, grab a FREE quote, and sign up for coverage.
Street : Sacramento, California, United States
Compare Term Life Quotes from Highly- Rated Companies. Free Quotes Now!
Street : 1400 South Wolf Road, Wheeling, Illinois, United States, 60090
Canadian Insurance Brokers Inc is an independent insurance broker. We provide insurance for your house or cottage, personal insurance, car insurance, and business insurance.
Street : 1 Eglinton Ave E, Toronto, Ontario, Canada, M4P 3A1
Dumfries Mutual Insurance Company provides mutual insurance to Cambridge, Kitchener-Waterloo, Guelph, rural Hamilton, and surrounding areas.
Street : 1310 Old HWY-8, Hamilton, Ontario, Canada, L0R 1Z0
Are you a part-time, casual, or retired hospital employee in need of health care benefits? We have a plan for you. Learn more.
Street : 1032 Brock St S, Whitby, Ontario, Canada, L1N 4L8
Propel Insurance provides commercial insurance, personal insurance (for your auto, home, yacht and RV) as well as surety/bonds and employee benefits with multiple locations in Washington and Oregon.
Street : 1201 Pacific Ave, Tacoma, Washington, United States, 98402-4316
ICW Group is a leading national insurance carrier offering workers’ compensation and earthquake insurance, as well as automobile coverage for individuals.
Street : 15025 Innovation Drive, San Diego, California, United States, 92128
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Street : 6620 West Broad Street, Richmond, Virginia, United States, 23230