Insurance Glossary

by Nicolae Sfetcu

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Book cover for Insurance Glossary

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Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of potential financial loss. Insurance is defined as the equitable transfer of the risk of a potential loss, from one entity to another, in exchange for a premium and duty of care.
  • ISBN10 1470931109
  • ISBN13 9781470931100
  • Publish Date 30 September 2011
  • Publish Status Active
  • Publish Country GB
  • Imprint Lulu.com
  • Format eBook
  • Language English