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What is Financial Insurance? - Definition from …
Financial insurance is a type of insurance policy that is frequently purchased by businesses. It provides coverage that protects them from losses due to a partner in a contract failing to meet their obligations. It can also protect against various other types of commercial financial losses.
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Insurance financial definition of insurance
insurance a method of protecting a person or firm against financial loss resulting from damage to, or theft of, personal and business assets (general insurance), and death and injury (life and accident insurance). Insurance may be obtained directly from an INSURANCE COMPANY or through an intermediary such as an INSURANCE BROKER/AGENT. In return …
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Insurance Definition - investopedia.com
Mar 29, 2005 · Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company.
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What is insurance? - Consumer Financial Protection Bureau
An insurance policy is a written contract between the policyholder (the person or company that gets the policy) and the insurer (the insurance company). The policyholder is not necessarily the insured. An individual or company may get an insurance policy (making them the policyholder) that protects another person or entity (who is the insured). File Size: 89KB Page Count: 3
File Size: 89KB
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What Is Financial Insurance? | Bizfluent
Sep 13, 2019 · Financial insurance is used by companies to try to protect themselves from financial risks. They buy insurance to help cover stock market losses, protect against investor insolvency and so on.
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Insurance company financial definition of insurance …
a financial institution that provides a range of INSURANCE policies to protect individuals and businesses against the RISK of financial losses in return for regular payments of PREMIUMS.An insurance company operates by pooling risks amongst a large number of policyholders. From its past claims record, the company actuary can ascertain the probability …
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Finance Insurance helps people, like you, withstand a loss that could cripple their financial status and helps them to re-establish themselves and recover from events which effect their lives and standard of living.
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Liability Insurance Definition - Investopedia
Feb 05, 2007 · Liability insurance is any insurance policy that protects an individual or business from the risk that they may be sued and held legally liable for something such as malpractice, injury or negligence. Occupation: Senior Editor
Occupation: Senior Editor
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Financial Lines Insurance | Allianz
Global Industry Solutions Director for Financial Services. +1-646-472-1483 Email. Scott Sayce. Global Head of Cyber Center of Competence for Allianz Group. +44-203-3451-3414 email. Jenny Wilhelm. Regional Head of Financial Lines Asia Pacific. +65-6395-3651 email. definition
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