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Insurance company meaning in english

Written by Bruce Sep 25, 2021 · 9 min read
Insurance company meaning in english

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Insurance Company Meaning In English. Insurance money definition, meaning, english dictionary, synonym, see also �insurance�,insurance policy�,accident insurance�,fire insurance�, reverso dictionary. The term insurance is pretty straightforward. Insurance synonyms, insurance pronunciation, insurance translation, english dictionary definition of insurance. Insurance company a financial institution that provides a range of insurance policies to protect individuals and businesses against the risk of financial losses in return for regular payments of premiums.an insurance company operates by pooling risks amongst a large number of policyholders.


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A person who calculates risks for insurance companies. An arrangement in which a company collects premium s (=regular payments) from a person or organization and in return agrees to pay them a sum of money if they are involved in an accident, have something stolen, or cause harm or injury to others. How to use insurance in a sentence. Subject to the provision of federal law number (6) for the year 2007, we are a public joint stock insurance company, which is listed on the abu dhabi securities exchange under the ticker symbol ih, and has been incorporated in abu dhabi with a total paid up capital amounting to aed 118,780,500. Insurance is a contract (policy) in which an insurer indemnifies another against losses from specific contingencies or perils. A building, car etc] the assessor said our house is worth over $200,000.

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Insurance a contract under which one party (the insurer), in consideration of receipt of a premium, undertakes to pay money to another person (the assured) on the happening of a specified event (as, for example, on death or accident or loss or damage to property). Term insurance is the cheapest way of buying live insurance. Contracts of insurance are uberrimae fidei, requiring. The term insurance is pretty straightforward. From its past claims record, the company actuary can ascertain the probability of a particular event occurring (for example, a fire) and can assess the average financial loss associated with each event. How to use insurance in a sentence.


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(however, there are some times when the company will not have to pay money back, such as if the person was not careful.) The term insurance is pretty straightforward. The state of being insured. An entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter.a person or entity who buys insurance is known as an insured or as a policyholder. Insurance a contract under which one party (the insurer), in consideration of receipt of a premium, undertakes to pay money to another person (the assured) on the happening of a specified event (as, for example, on death or accident or loss or damage to property).

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Assignment can also be done in favour of a close relative when the policyholder wishes to give a gift to that relative. From its past claims record, the company actuary can ascertain the probability of a particular event occurring (for example, a fire) and can assess the average financial loss associated with each event. Insurance definition, the act, system, or business of insuring property, life, one�s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a payment proportionate to the risk involved. A company that sells insurance | meaning, pronunciation, translations and examples Assignment can also be done in favour of a close relative when the policyholder wishes to give a gift to that relative.

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[uncountable, countable] an arrangement with a company in which you pay them regular amounts of money and they agree to pay the costs, for example, if you die or are ill, or if you lose or damage something health/medical insurance; In exchange for this, if something bad happens to the person or thing that is insured, the company that sold the insurance will pay money back. Noun the state of being insured.; Insurance company a financial institution that provides a range of insurance policies to protect individuals and businesses against the risk of financial losses in return for regular payments of premiums.an insurance company operates by pooling risks amongst a large number of policyholders. Paid to people or companies so concerned about hazards that they have made prepayments to an insurance company.

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Subject to the provision of federal law number (6) for the year 2007, we are a public joint stock insurance company, which is listed on the abu dhabi securities exchange under the ticker symbol ih, and has been incorporated in abu dhabi with a total paid up capital amounting to aed 118,780,500. There many types of insurance policies. In this post, you will find 77+ insurance company slogans & taglines. Paid to people or companies so concerned about hazards that they have made prepayments to an insurance company. | meaning, pronunciation, translations and examples

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A company whose business is providing and selling insurance: We go where you go. Noun an arrangement or agreement that protects someone from incurring future losses, as from damage, theft, illness, or death, especially a contract that transfers the risk of a specified loss to another. An arrangement in which a company collects premium s (=regular payments) from a person or organization and in return agrees to pay them a sum of money if they are involved in an accident, have something stolen, or cause harm or injury to others. Assignment can also be done in favour of a close relative when the policyholder wishes to give a gift to that relative.

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This is the british english definition of insurance. The state of being insured. Insurance company a financial institution that provides a range of insurance policies to protect individuals and businesses against the risk of financial losses in return for regular payments of premiums.an insurance company operates by pooling risks amongst a large number of policyholders. In exchange for this, if something bad happens to the person or thing that is insured, the company that sold the insurance will pay money back. We go where you go.

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Noun the state of being insured.; Contracts of insurance are uberrimae fidei, requiring. An agreement in which you pay a company money and they pay your costs if you have an accident…. Insurance company meaning, definition, what is insurance company: Insurance is defined as a contract, which is called a policy, in which an individual or organisation receives financial protection and reimbursement of damages from the insurer or the insurance company.

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Insurance company a financial institution that provides a range of insurance policies to protect individuals and businesses against the risk of financial losses in return for regular payments of premiums.an insurance company operates by pooling risks amongst a large number of policyholders. Insurance a contract under which one party (the insurer), in consideration of receipt of a premium, undertakes to pay money to another person (the assured) on the happening of a specified event (as, for example, on death or accident or loss or damage to property). Term insurance is the cheapest way of buying live insurance. How to use insurance in a sentence. A person who calculates risks for insurance companies.

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We want you to […] Money that an insurance company agrees to pay you if something that you own is damaged, lost, or stolen, or if you die or are ill or injured. From its past claims record, the company actuary can ascertain the probability of a particular event occurring (for example, a fire) and can assess the average financial loss associated with each event. Insurance is a contract (policy) in which an insurer indemnifies another against losses from specific contingencies or perils. A person who calculates the value of something [eg:

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Insurance is a means of protection from financial loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter.a person or entity who buys insurance is known as an insured or as a policyholder. Subject to the provision of federal law number (6) for the year 2007, we are a public joint stock insurance company, which is listed on the abu dhabi securities exchange under the ticker symbol ih, and has been incorporated in abu dhabi with a total paid up capital amounting to aed 118,780,500. (however, there are some times when the company will not have to pay money back, such as if the person was not careful.) The act, business, or system of insuring.

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Insurance a contract under which one party (the insurer), in consideration of receipt of a premium, undertakes to pay money to another person (the assured) on the happening of a specified event (as, for example, on death or accident or loss or damage to property). Insurance is a means of protection from financial loss. Term life insurance or term assurance is life insurance that provides coverage for some sum of money during a given period of time. An arrangement in which a company collects premium s (=regular payments) from a person or organization and in return agrees to pay them a sum of money if they are involved in an accident, have something stolen, or cause harm or injury to others. Insurance is defined as a contract, which is called a policy, in which an individual or organisation receives financial protection and reimbursement of damages from the insurer or the insurance company.


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