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Insurance Planning

Garett Garner English 2 slides

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  1. Characteristics of Insurance

    • Insurance - product used by individuals and companies to transfer risks and the financial uncertainty regarding those risks to third party insurers.
    • Individuals/companies pay a premium to a third party insurance company, which determines the premiums based upon th expected claims to be paid out during a given time period.
    • Third party insurer is providing a convenient way to pool / manage those risks that it insures.
  2. Slide 2

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Slide Set on Insurance Planning, created by Garett Garner on 26/07/2015.
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Garett Garner
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