#1
27th September 2014, 02:11 PM
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What Is Insurance
Will you please provide the information regarding the meaning of the term Insurance ?
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#2
27th September 2014, 02:35 PM
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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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