Insurance Teacher

Insurance services consist in supplying a previously established assistance, in general financial to an individual, a company or an association, or an organization on the occasion of a risk occurrence, on the basis of a contribution or a premium.

Thus, insurance companies belong to an economic system which regroups conception, production and trading of this service type.

The only condition on which insurance is based is the risk. Therefore, according to this principle there is insurance for movable goods, for properties, life insurance, health insurance, car insurance, travel insurance and many other specific types of insurance. An insurance service is performed on the basis of a contract. There are different contracts for people insurance or for goods insurance, concluded by insurance companies’ representatives.

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Filed under: Insurance Teacher