Insurance Handbook (Professional Edition)
By Edward Choi
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---- YOU CAN FIND THE INFORMATION CONTAINED IN THIS APPLICATION VIA THE NET AT WIKIPEDIA.COM----
Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium, and can be thought of as a guaranteed and known small loss to prevent a large, possibly devastating loss. An insurer is a company selling the insurance; an insured or policyholder is the person or entity buying the insurance. The insurance rate is a factor used to determine the amount to be charged for a certain amount of insurance coverage, called the premium. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice.
What's New in Version 1.1
- USD 9.99
- Category: Business
- Updated: 11 March 2010
- Version: 1.1
- Size: 0.4 MB
- Language: English
- Developer: Tak Wah Choi
- © 2010 Edward Choi
Compatibility: Requires iOS 3.1.2 or later. Compatible with iPhone, iPad, and iPod touch.