Insurance

Fundamentals of Risk and Insurance: Insurance Basics

How does Life Insurance work ? Insurance lives up to expectations by pooling risk. It basically implies that a large group of individuals who need to insure against a significant losses by paying premiums which is known as Insurance pool. Probability of real loss occurrence is very less (single digit percentage) from the group of …

Fundamentals of Risk and Insurance: Insurance Basics Read More »

What is Insurance Policy and Types of Insurance: Insurance Basics

Insurance Definition: Protecting or safeguarding significant loss is called as Insurance. It is a type of risk protection and wealth management strategy as a part of financial planning for an individual or an organisation. “Insurance companies offering insurance products are termed as Insurance Policy”. In insurance policy insurer can cover cost of potential loss in exchange by …

What is Insurance Policy and Types of Insurance: Insurance Basics Read More »

Benefits of Wikifinancepedia Partners Program

Hello Guys! Welcome to WikiFinancepedia (WF) – A website for writers by a passionate writer. We believe to be one from top financial communities assisting all our content writers to achieve their milestones and be successful enough. You by default become “Wikifinancepedia Partner” after publishing your first quality post. We are open to guest publishing articles …

Benefits of Wikifinancepedia Partners Program Read More »