Saturday, September 15, 2012

Insurance

This is a policy or system in which people who have the chance to suffer a loss pass the risk of loss involved, to an insurance company by paying money (premiums) to the insurer or company for any loss resulting from a damage or accident, which in turn this insurance company promises to pay back to this individuals as a reimbursement when there eventually occurs a casualty.

The method of operation and premiums paid as well as the legal requirements differ from one insurance company to the other according to local law.

4 comments:

Unknown said...

Auto Insurance Ft Lauderdale salutes you on giving the right information about insurance. We should really rely on insurance company and they should be responsible in giving us any assistance regarding insurance.

Samson said...

Thanks Rick. Insurance is a way forward to reimburse our loss.

Anonymous said...

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Linda said...

That is some really good information. I love which you offered all of the details and organized the advantages of this insurance provider. I've seen that quotes in Edmonton is correct. Heard such a thing about them?

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