Insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the insurance; the insured, or policyholder, is the person or entity buying the insurance policy. The amount to be charged for a certain amount of insurance coverage is called the pr...
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- Insurance: An ingenious modern game of chance in which the player is permitted to enjoy the comfortable conviction that he is beating the man who keeps the table. ,
- Religion is insurance in this world against fire in the next. ,
- You don't need to pray to God any more when there are storms in the sky, but you do have to be insured. ,
- People who live in glass houses should take out insurance.
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