Scribd Logo
Upload

Welcome to Scribd!

  • Role of Insurance in Economic Development-2

    Uploaded by

    Siddharth Nair
    19 views14 pages
    Insurance is designed to protect the financial well-being of an individual, company or other entity in the case of unexpected loss.

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Insurance is designed to protect the financial well-being of an individual, company or other entity in the case of unexpected loss.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    19 views14 pages

    Role of Insurance in Economic Development-2

    Uploaded by

    Siddharth Nair
    Insurance is designed to protect the financial well-being of an individual, company or other entity in the case of unexpected loss.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 14

    INSURANCE

    compensation
    potential future
    losses
    payment
    protect financial
    company entity
    loss
    by law
    optional terms
    insured insurer
    premiums
    policy holder
    deductible
    car insurance
    financial stability
    government security programs
    trade and commerce
    adequate liability insurance is available
    vs.
    Encourages
    loss experience
    incentives
    risk to be managed
    Fosters
    watch-dog
    A


    presentation
    Siddharth Nair

    You might also like