insurance with particular average (WPA), basic risks. insurance against all risks. 综合险,应保一切险 risk of breakage 破碎险 risk of clashing 碰损险 risk of rust 生锈险 risk of hook damage 钩损险 risk of contamination (tainting) 污染险 insurance against total loss only (TLO) 全损险 risk ...
一一.三.二Typesofliabilityinsurance一一.三.三InsurablerisksSection一一.三LiabilityinsuranceLiabilityinsuranceisapartofthegeneralinsurancesystemofriskfinancingtoprotectthepurchaser(the"insured")fromtherisksofliabilitiesimposedbylawsuitsandsimilarclaims.Itprotectstheinsuredintheeventheorsheissuedforclaimsthatewithinthe...
The kind of life insurance you buy also matters. For most people, a term life insurance policy is the right one to get. Term life insurance is in effect for a set period of time, such as 20 or 30 years. If you die while the policy covers you, the dea...
fire insurance - insurance against loss due to fire group insurance - insurance that is purchased by a group (such as the employees of a company) usually at a reduced rate to individual members of the group hazard insurance - insurance that provides protection against certain risks such as stor...
It’s important to note that renters insurance doesn’t always cover adverse incidents like floods or earthquakes and you may be required to pay an additional premium for those risks. Ultimately, renters insurance gives you peace of mind and financial security in case something happens. Plus, it...
insurance exists in all states by statute and arises when an employee is injured on the job. It is funded by insurance and paid for by the employer. It pays for what the insured might otherwise be legally obligated to pay as damages because of an injury sustained in the course of ...
Various types of fraud, such as counterfeit airbags, windshield replacement and staged accidents, pose risks to drivers, necessitating caution and awareness to avoid falling victim to these scams. Each year, insurance fraud causes significant financial burdens on both auto insurers and consumers, amount...
While some types of insurance are common in other industries,many policies are created to mitigate risks that are specific to the construction industry. Below, we’ll cover the most common types of insurance in construction and what each policy covers. ...
Reduce the Expected Monetary Value. Float can be use to mitigate potential risks设法将负面风险事件的概率或带来的不利后果减小到可接受范围内 Transfer转移 Deflect or share (eg. Insurance, warranties)转移或分担（保险，担保）Acceptance接受 Accept or retain consequences. 2 types: Active Acceptance (develop...
How Insurance Fraud Works Insurance fraud is an attempt to exploit an insurance contract.Insuranceis meant to protect against risks, not serve as a vehicle to enrich the insured. Insurance fraud by the policy issuer does occur, although the majority of cases have to do with the policyholder att...