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A form of risk management as it may be called, insurance is especially meant for hedging the risk of an uncertain loss by an equitable transfer of the loss from one entity to another. Mainly two parties are involved in this system, - the insurer who sells the policy, and the insured (the policyholder), who may be a person or an entity like a business institution who buys the insurance policy. Insurance is thus an equipment of risk management by appraising and controlling risk in exchange of the insurer's consent in the form of a contract to compensate the insured in case of a financial loss.

Q & A

Windsor Insurance Company
The Windsor Insurance Company is an insurance company which sells personal automobile insurance products. The Windsor Insurance company is part of Inf...  Read More
Presidential Life Insurance Company
Facts about the Presidential Life Insurance Company Founded in 1965, the Presidential Life Insurance Company is situated on the banks of the River Hu...  Read More
Performance Insurance Company
Facts about the Performance Insurance Company The Performance Insurance Company is based in Maryland, U.S.A. It offers a wide range of insurance prod...  Read More
Transamerica Occidental Insurance Company
Transamerica Occidental Insurance Company began its journey as Occidental Life insurance company in 1906. Occidental Life Insurance Company was acqu...  Read More
Standard Life Insurance Company
The Standard Life Insurance Company is a life insurance company offering various insurance policies under the life insurance umbrella. The Standard ...  Read More

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