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Presentation on Insurence

Presentation on Insurence

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Published by Pankaj Ojha

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Categories:Types, School Work
Published by: Pankaj Ojha on Oct 23, 2010
Copyright:Attribution Non-commercial

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10/23/2010

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PRESENTED BY:
MAHANTESH, DEEPA, PRIYA, PANKAJ,ABHAYANTH, KALLESHAPPA.
 
`
Insurance
= Coll
ective
b
earing
of R
isk.
`
Insurance,
wh
et
h
er 
l
i
e
o
 
n
o
n-
l
i
e,
p
o
vides
 p
e
opl
e
w
it
h
a
 
reas
o
na
bl
e
 
degree
of 
security
 
and
 
assurance
 
t
h
at
 
t
h
ey
w
i
ll b
e
p
o
tected
 
in
 
t
h
e
 
event
of 
a
 
ca
l
amity
o
ai
l
ure
of 
any
 
s
o
rt.
`
B
asic
H
uman
 
trait
 
is
 
t
o b
e
 
averse
 
t
o
t
h
e
 
idea
 of 
risk
 
taking.
 
`
insurance is a
fo
rm
of 
risk management
p
rimari
l
yused t
oh
edge against t
h
e risk
of 
ac
o
ntingent, uncertain
lo
ss.
`
Insurance
 
is
 
de
ined
 
as
 
t
h
e
 
equita
bl
e
 
trans
er 
of 
t
h
e
 
risk
of 
a
lo
ss,
o
m
o
ne
 
entity
 
t
o
an
o
t
h
er,
 
in
 
exc
h
ange
fo
p
ayment
 

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