Question and answer
What is insurance?
Question
Asked 8/19/2009 2:45:50 PM
Updated 8/23/2014 4:18:32 PM
3 Answers/Comments
Flagged by alfred123 [8/23/2014 4:17:54 PM], Edited by andrewpallarca [8/23/2014 4:18:32 PM]
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User: What is insurance?

Question
Asked 8/19/2009 2:45:50 PM
Updated 8/23/2014 4:18:32 PM
3 Answers/Comments
Flagged by alfred123 [8/23/2014 4:17:54 PM], Edited by andrewpallarca [8/23/2014 4:18:32 PM]
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8
Insurance is the equitable transfer of the risk of a loss, from one entity to another in exchange for payment.
Added 8/23/2014 4:18:04 PM
This answer has been confirmed as correct and helpful.
Confirmed by andrewpallarca [8/23/2014 4:18:33 PM]
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Added 8/19/2009 5:13:22 PM
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