Insurance

General insurance also known as non life insurance general insurance is defined as any insurance that that doesn t fall in the category of life insurance.

Insurance. 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. Rate comparisons provided here are based on our progressive direct auto insurance price and product and do not include prices and products available from. It thus is a method of coping with risk. Learn more about comparison rates which are available through progressive direct in most states and situations.

Insurance carrier website ranking by keynova group scorecards in 2020. A clause in an insurance policy that indicates that the insurer will only cover the least expensive option for treatment repair or remediation. Insurance is a means of protection from financial loss. Insurance definition is coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified contingency or peril.

It is a form of risk management primarily used to hedge against the risk of a contingent or uncertain loss. How to use insurance in a sentence. Life insurance includes term life insurance plan whole life plans endowment plans money back plans ulips child plans investment plans and retirement plans.