involuntarily by the side of the origin of the risk subject. Third: The principle of the spread of dangerįourth: The principle of proving the occurrence of the lossįifth: The principle of the possibility of calculating the expected probabilitiesĪn accidental loss means that the loss resulting from the realization of the risk phenomenon is in the form of a probable accident and that it is a future occurrence and that the risk owner does not intentionally cause or cause the loss intentionally, i.e. “ĭear reader, I advise you to review this article entitled Insurance – Definition of insurance, the origin of insurance, its types and its importance. “Insurance is a system that aims to reduce the risk facing the individual or establishment and in which the insured gets a pledge in his favor or for the benefit of others from the other party, which is the insured and who pays a certain amount according to it when the risk is realized, in exchange for paying the insurance premium that the insurer collects similar risks and predicts the value of Financial obligations arising from their verification.
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