Home > Industry/Domain > Insurance
Insurance
Insurance is a promise of compensation for specific potential future losses in exchange for a periodic payment. Insurance is designed to protect the financial well-being of an individual, company or other entity in the case of unexpected loss. Some forms of insurance are required by law, while others are optional. Agreeing to the terms of an insurance policy creates a contract between the insured and the insurer. In exchange for payments from the insured (called premiums), the insurer agrees to pay the policy holder a sum of money upon the occurrence of a specific event. In most cases, the policy holder pays part of the loss (called the deductible), and the insurer pays the rest. Examples include car insurance, health insurance, disability insurance, life insurance, and business insurance.
0Categories 32802Terms
Add a new termContributors in Insurance
Insurance >
熱
Agriculture; Animal feed
有能力創建溫暖或增加物質的溫度的能量的形式。是浪費或用於克服摩擦的能量轉化為熱能。熱中的熱量或英國熱量單位 (Btu) 的測量。一個 Btu 是一磅的水一華氏度的溫度升高所需的熱量。 ...