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27th September 2014, 02:35 PM
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Join Date: Apr 2013
Re: What Is Insurance

Insurance is a contract by which one party, the insurer, for a compensation assumes the financial responsibility of another party .The insurer either agrees to pay to insured, or on his behalf, a certain sum of money an act of value, upon the occurrence of a specific event.

Insurance is usually classified into the following categories:

1. Health
2. Casualty
3. Life
4. Marine
5. Property
6. Title
7. Surety

Some Job Types
Customer Service Representative.
Actuary.
Administrative Officer (AO).
Underwriter.
Sales Representative.
Asset Manager.
Assistant Administrative Officer (AAO).
Development Officer.
Composite Agent.

Some Employment Areas
Health Departments.
Aviation Industry.
Insurance Agencies.
Educational Institutes.
Research Organisations.
Banks.
Financial Institutions.
Credit Companies.
Automobile Industry.
Property Developers.


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