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pure insurance

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  • Pure Michigan 400 — Veranstaltungsort: Michigan International Speedway Hauptsponsor: Carfax Erstes Rennen: 1969 Distanz …   Deutsch Wikipedia

  • Insurance — This article is about risk management. For Insurance (blackjack), see Blackjack. For Insurance run (baseball), see Insurance run. In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a… …   Wikipedia

  • insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… …   Universalium

  • insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… …   Black's law dictionary

  • insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… …   Black's law dictionary

  • Pure Risk — A category of risk in which loss is the only possible outcome; there is no beneficial result. Pure risk is related to events that are beyond the risk taker s control and, therefore, a person cannot consciously take on pure risk. This is the… …   Investment dictionary

  • pure endowment insurance — See endowment insurance …   Ballentine's law dictionary

  • pure endowment — noun : an insurance contract promising to pay the insured a stated sum if he survives a specified period with nothing payable in case of prior death compare endowment insurance …   Useful english dictionary

  • Life insurance — The foundation of life insurance is the recognition of the value of a human life and the possibility of indemnification for the loss of that value. F. C. Oviatt, Economic place of insurance and its relation to society[1] Life insurance is a… …   Wikipedia

  • Term life insurance — or term assurance is life insurance which provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires coverage at the previous rate of premiums is no longer guaranteed and the client… …   Wikipedia

  • Parametric insurance — is a type of insurance that does not indemnify the pure loss, but ex ante agrees to make a payment upon the occurrence of a triggering event. The triggering event is often a catastrophic natural event which may ordinarily precipitate a loss or a… …   Wikipedia

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