Insurance Glossary

Insurance
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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.

Find insurance information to help protect you and your love ones in case a disaster or emergency strikes.

by MultiMedia

This guide is licensed under the GNU Free Documentation License