NounWikipedia has an article on: InsuranceSingular insurance Plural usually uncountable; plural insurances insurance (usually uncountable; plural insurances)
From Wiktionary under the GNU Free Documentation License. Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium, and can be thought of as a guaranteed small loss to prevent a large, possibly devastating loss. An insurer is a company selling the insurance; an insured or policyholder is the person or entity buying the insurance. The insurance rate is a factor used to determine the amount to be charged for a certain amount of insurance coverage, called the premium. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice. From Wikipedia under the
GNU Free Documentation License What the insurance will do if the two parties of the car accident all have policy with the same insurer? Q. I had a car accident and I believe it was third party's fault. However, the third party and I have policy from the same insurance company. The legal insurance is same as well. What should I do to make sure that the insurance would act without interest conflict? If I use different legal firm, will it be better? Asked by confuser - Thu Nov 1 13:41:23 2007 - - 13 Answers - 1 Comments A. You have one advantage in that the insurance company will have both people's versions of the incident and be able to better apportion liability quickly. They should advise you of the conflict of interest under FSA rules. The fact that you are insured with the same insurer does not affect your rights under contract (they must repair your car if you have comprehensive cover) nor does it affect the other driver's rights under contract (the insurance company must pay damages you claim against him - under the liability section, if they think he is at fault). Hopefully the insurance company will quickly decide on who is at fault and pay you your uninsured losses (excess, loss of earnings, injury etc). If not then you will have to look at the… [cont.] Answered by welcome news - Fri Nov 2 10:29:51 2007 What insurance companies are available for a 62 person with Diabetes? Q. 62 year old needs health insurance in California. She has type 2 diabetes which has been under control for several years. However, she is ready to retire because no company will hire her. How can she find health insurance? Asked by Maria - Mon Apr 20 01:20:33 2009 - - 7 Answers - 0 Comments A. Try this site here you can get quotes from different companies in your area. Answered by unknown - Mon Apr 20 14:30:55 2009 Who pays for the home insurance when you let your house?
Q. I ask this question on behalf of my friend, who lives in Malaysia. He wants to know what the law in England will be in this case. My friend is gonna let his house to another, so that he can have some income. A question arises: They need to buy a home insurance in case there is an accident like fire. Apparently in Malaysia, a homeowner doesn't have to buy insurance for his house. So in this case, who should pay for the home insurance, the homeowner or the tenant? I mean, the rental period is 2 years, and the insurance, if paid, will cover for 2 years only. Asked by fantasyvn2002 - Sun Nov 5 18:30:16 2006 - - 14 Answers - 0 Comments A. whoever owns the house duh Answered by jane - Sun Nov 5 21:14:09 2006 From Yahoo Answer Search: "insurance"
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