Insurance Glossary
Download or Read eBook Insurance Glossary PDF written by Nicolae Sfetcu and published by MultiMedia Publishing. This book was released on 2014-05-05 with total page 256 pages. Available in PDF, EPUB and Kindle.
Author | : Nicolae Sfetcu |
Publisher | : MultiMedia Publishing |
Total Pages | : 256 |
Release | : 2014-05-05 |
ISBN-10 | : |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Book Synopsis Insurance Glossary by : Nicolae Sfetcu
Book excerpt: Insurance terminology and risk management. 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.