Tuesday, August 17, 2010

Insurance

The simplest definition of insurance is 
  Following legal definition of insurance contract by which one party (insurer) is committed funds in exchange for payment or the other (health insurer) in the event of accidents or damages to compensate him or have to pay a certain way . Committed to the insurer, the commitment by the health insurer and health insurer money that pays premiums to the insurer and insurance what is called the insurance issue. With various kinds of insurance that include social insurance and commercial insurance.

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