INTRODUCTION INSURANCE Insurance is a social device that provides compensation for the effect of loss incurred. It’s also a mechanism of providing financial stability to the insured. The insured pays premiums: that is‚ he’s compensated when the risk materializes. Importance of Insurance? | An insurance policy is vital for the purpose of transferring insurable risk from oneself to a risk carrier i.e. an insurance company. All of us are exposed to risk in our day to day lives‚ however‚ our level
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INTRODUCTION Insurance is a form of risk management in which the insured transfers the cost of potential loss to another entity in exchange for monetary compensation known as the premium. Insurance allows individuals‚ businesses and other entities to protect themselves against significant potential losses and financial hardship at a reasonably affordable rate. We say "significant" because if the potential loss is small‚ then it doesn’t make sense to pay a premium to protect against the loss. After
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I believe the saying every second is precious‚ so we must spend them wisely. There’s a great quote written by Dr. Seuss in his book “Oh the Places You’ll Go!”‚ “You can get so confused that you’ll start in to race down long wiggled roads at a break-necking pace and grind on for miles across weirdish wild space‚headed‚ I fear‚ toward a most useless place: The Waiting Place...”‚ in which people idle‚ doing nothing but waiting for events to occur in vain. Up until a couple of years
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I’m ready to experience the life of being on my own and have a purpose for what I do so that I can go further than most. Many are happy with their life but only have enough to “just get by”. But‚ I don’t want that for myself. College is my opportunity to make something of myself and actually get by and be happy with the knowledge I learn. I will be the second in my family that will be attending college. I am the last born child of the generation of my family‚ so this would be a major step of change
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1. DENTAL INSURANCE As we know that poor care of mouth and teeth can affect a person general health and well-being throughout his life. Generally‚ when this problem comes‚ there is a need to start seeing a dentist regularly…and everyone knows a hole in tooth can put a bigger hole in wallet…that costs money! Because dental disease is so common‚ being protected by dental insurance and using it wisely is essential safeguards for any individual or a family. Dental insurance provides with an effective
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Dental Insurance in India [pic] Introduction There are various kinds of health/medical insurance in modern times‚ and insurance for dental health is one of its significant aspects. Dentistry is a medical discipline that addresses the oral health of an individual. Dental insurance is offered to individuals and families who obtain their dental insurance coverage through large groups or through their employers or people go for Dental Insurance on individual basis. Dental Insurance covers
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Chapter 1 – Introduction Review of commercial risk management process Identify potential risk control solutions for a few loss exposures Introduce the structure of commercial property insurance policies Review some concepts from FIL 250 Four Types of Loss Exposures All organizations are faced with loss exposures or possibilities of accidental loss Loss exposure: identify assets- it may decline in value‚ actual cause of loss “peril”‚ financial consequences- value of the property;
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1. The progressive era: in the United States was a period of reform which lasted from the 1880s to the 1920s.The goals of Farmers Alliances were to regulate railroads‚ reform taxes‚ and back money with silver rather than gold. The Populist Party officially began in 1892. The party platform called for many items including: Free coinage of silver‚ Abolition of national banks‚ Graduated income tax Increase in paper money‚ Government ownership of transportation‚ Direct election of Senators‚ Civil service
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CHAPTER - 1 INSURANCE 1.1 Introduction In law and economics‚ insurance is a form of risk management primarily used to hedge against the risk of a contingent‚ uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss‚ from one entity to another‚ in exchange for payment. An insurer is a company selling the insurance; an insured‚ or policyholder‚ is the person or entity buying the insurance policy. The insurance rate is a factor used to determine the amount to be charged
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students. Attending a community college will provide an associate’s degree which is achieved by taking prerequisite type courses‚ such as‚ mathematics‚ English‚ and science. Money can be saved because these types of courses are needed wherever you choose to attend. Thousands of dollars can then be saved to put towards further education beyond the associates degree. Community colleges offer similar if not the same opportunities to students without causing debt that cannot be afforded. Community
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