Insurance Meaning In Simple Words | Immanenthub

Insurance meaning in simple words

What Is Insurance? Seems like you are here to know about Insurance meaning in simple words. An insurance policy is a legally binding contract between an insurance company and the person. The person who buys commonly called the “insured” or the policyholder. In exchange for payment of a specified sum of money, called the “premium”. … Read more

What Is Captive Insurance? | Top Captive Insurance Companies

Top Captive insurance companies

Captive Insurance Definition The term captive was coined by the father of captive insurance “Fredrick M rice”. Firstly He has tested concept into practice for his first client, Younstown Sheet and tube company in the 1950s. It includes shielding the parent or main company from the risks or certain future losses. It offers an alternative … Read more