Non Life Insurance

UNIVERSITY OF SARAJEVO SCHOOL OF ECONOMICS AND BUSINESS EiM Financial management figure: Insurance „NON LIFE indemnity Research paper Mentors: Željko Šain, PhD scholarly person: Amanda Šabi? Jasmina Selimovi?, MSc Indeks No 68395 Sarajevo, april 2012. C O N T E N T S origination3 1.IMPORTANCE OF NONLIFE indemnification4 2.TYPES OF NON-LIFE INSURANCE5 2.1.PROPERTY INSURANCE5 2.1.1. beset INSURANCE5 2.1.2.HOME INSURANCE6 2.2.AUTO INSURANCE6 2.3. indebtedness INSURANCE8 2.3.1.D&O liability8 2.3.2.EMPLOYER LIABILITY8 2.3.3.PROFESSIONAL LIABILITY9 2.4.HEALTH INSURANCE9 2.5.MARINE INSURANCE10 3.CONCLUSION11 4.LITERATURE13 INTRODUCTION We face a set of risks in our daily lives. Some of these lead to finanial losses. Insurance is a commiss ion of harboring against these financial losses. For a payment (premium), an insurance acquaintance will take the responsability of compensating our financial losses.

Insurance provides us with protective covering system against unforeseen incidents along with afelling of security and in addition cargo area save intact for the future. One of the main reasons superstar should traverse is to protect ones belongings and assets against financial loss. The insurance principle comes to be more(prenominal) and more use and useful in modern affairs. In law and economics, a non animation (general) insurance is specify as a form of risk management basically used to hedging ag! ainst the risk of a contingent, uncertain loss. General insurance typically comprises any insurance that is not determined to be emotional state insurance. It is called „property and casualty insurance in the U.S. and „non life insurance in Continental Europe.  General insurance is also defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is an institution or...If you require to brace a full essay, order it on our website: BestEssayCheap.com

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