in financial markets, hedging or any other strategy that reduces risk while permitting participation in potential gains
an arrangement in which individuals or companies pay another company to guarantee them compensation if they suffer loss resulting from risks such as fire, theft, or accidental damage
Wiktionary Definition for: Insurance
A means of indemnity upon occurrence of a fortuitous event.
Ex: ''The car was totalled, but fortunately I had '''insurance'''.''
The business of providing insurance.
Ex: ''After five years in banking, I switched to '''insurance'''.''
''Metaphoric:'' Any attempt to anticipate an unfavorable event.
Ex: ''The sky was clear, but I took my umbrella for '''insurance'''.''
''Blackjack:'' A bet made after the deal, which pays off if the dealer has blackjack.
Ex: ''I only take '''insurance''' if the count is right.''
Homeowner's insurance, also called property insurance, protects you from damages which includes Dwelling, Personal property, Liability, Living expenses etc. Like any other type of insurance, you pay a premium to buy a homeowner's insurance policy. An insurance company bases your premiums on which includes Claims in your area, Value of...
The paper reveals that general insurance is a kind of insurance that is applicable to: a property in NSW; or a risk, contingency or event may occur within, or partly within, NSW; or both. General insurance does not include life insurance, a life insurance rider or insurance that is exempt...
Terrorism risks are now a common exclusion on property and liability insurance policies. Specific terrorism insurance, with respect both to physical damage and/or extortion, is available in the marketplace. Capacity is limited and pricing high although dropping; extortion coverage is quite cheap. The article briefs on various topics: Terrorism Insurance,...
By taking the time to shop for and compare auto insurance quotes, each individual can find the best policy that is right for him, and many times he can lower the cost of his auto insurance coverage. Many drivers see auto insurance as a necessary expense, but one that is...
Because environmental insurance has emerged as a vehicle for managing the complex liability scheme and significant financial risk of federal and state environmental laws and regulations, real estate lawyers must have a basic understanding of the various types of environmental insurance policies that are available, the anatomy of an environmental...
Mercer Insurance Group, Inc. (NASDAQ: MIGP) today reported its operating results for the three months and year ended December 31, 2006. Mercer Insurance Group, Inc. the Company offers commercial and personal lines of insurance to businesses and individuals principally in six states through its insurance subsidiaries: Mercer Insurance Company, Mercer...
This paper gives information on insurance cover on flood damages. Homeowners insurance does not cover flood damage. Only flood insurance will cover the losses in the event of a flood. Insurance for homeowners, renters and businesses is available, however, through the Federal Emergency Management Agency's (FEMA's) National Flood Insurance Program...
In this paper, panel data is used from the Survey of Income and Program Participation SIPP to examine patterns of health insurance coverage among children during the period 1986-1995. Specifically, discrete time duration models is estimated for transitions of childrens' insurance coverage across the insurance states: public insurance; private insurance;...
Insurance may be uniquely tied up with the law. Social insurance and other public sector insurance arrangements are creatures of statute, governed through administrative law. Private sector insurance arrangements depend upon a well functioning contract law and a regulated market. Insurance thoroughly dominates the field of tort law, especially with...
You shop around for your life insurance, home contents insurance and car insurance, so it only makes sense that you should shop around for your mortgage insurance too. Protecting your mortgage repayments in case you should suffer illness or accident or unemployment is just another form of insurance and as...
Personal insurance is an essential part of overall financial planning. Insurance is a way to reduce risk and protect things that we value. Unfortunately, the word "Insurance" usually creates red flags in the minds of people when the subject is raised. Insurance has left a bad taste in the mouths...
Considering that purchasing insurance is a very important financial decision you want your broker to be experienced so that they can take care of your insurance needs. One of the first things you can look for in an experienced insurance broker is their education. There are many certificates and seminars...
Mercer Insurance Group, Inc. (NASDAQ: MIGP) today reported its operating results for the quarter and six months ended June 30, 2006. Mercer Insurance Group, Inc. the Company offers commercial and personal lines of insurance to businesses and individuals in six states through its insurance subsidiaries: Mercer Insurance Company, Mercer Insurance...
Mercer Insurance Group, Inc. (NASDAQ: MIGP) today reported its operating results for the quarter ended March 31, 2007. Mercer Insurance Group, Inc. the Company offers commercial and personal lines of insurance to businesses and individuals principally in six states through its insurance subsidiaries: Mercer Insurance Company, Mercer Insurance Company of...
Mercer Insurance Group, Inc. (NASDAQ: MIGP) today reported its operating results for the quarter and nine months ended September 30, 2006. Mercer Insurance Group, Inc. the Company offers commercial and personal lines of insurance to businesses and individuals in six states through its insurance subsidiaries: Mercer Insurance Company, Mercer Insurance...
Mercer Insurance Group, Inc. (NASDAQ: MIGP) reported today its operating results for the quarter and nine months ended September 30, 2007. Mercer Insurance Group, Inc. the Company offers commercial and personal lines of insurance to businesses and individuals principally in six states through its insurance subsidiaries: Mercer Insurance Company, Mercer...
Mercer Insurance Group, Inc. (NASDAQ: MIGP) today reported its operating results for the quarter ended March 31, 2006. Mercer Insurance Group, Inc. the Company is licensed to offer commercial and personal lines of insurance to businesses and individuals in twenty-two states through its insurance subsidiaries, Mercer Insurance Company, Mercer Insurance...
Mercer Insurance Group, Inc. (NASDAQ: MIGP) today reported its operating results for the quarter and year ended December 31, 2005. Mercer Insurance Group, Inc. the Company is licensed to offer commercial and personal lines of insurance to businesses and individuals in twenty-two states through its insurance subsidiaries, Mercer Insurance Company,...
Most people are familiar with the "Everyday Insurance" triad automobile, home and life. Unfortunately, that familiarity often doesn't extend to the multifaceted fourth leg of the insurance chair for many: business insurance. If you run a small business, what you don't know about business insurance can hurt you. The terminology...
This tutorial gives information about Life Insurance. Life insurance is income protection in case you pass away. The person you name as your beneficiary will receive proceeds from an insurance company to offset the lost income as a result of your death. You can think of life insurance as a...
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