Insurance Basics

Insurance transfers risk from individuals or organizations to carriers via policies and premiums, providing financial protection against future losses.

Learning Resources

• Insurance: Definition, How It Works, and Main Types of Policies

• Self-Insure: Definition, Examples, Pros & Cons

• Insurance Coverage: Major Types and How They Work

• Liability Insurance: What It Is, How It Works, Major Types

• Cross-Liability Coverage: Examples in Insurance

• Insurance Policy: How to Easily Understand Your Insurance Contract

• Insurance Premium Defined, How It's Calculated, and Types

• Insurance Claim Definition

• Adjuster: What it Means, How it Works, Types

• Indemnity: What It Means in Insurance and the Law

• Insurance Underwriter: Definition, What Underwriters Do

• Elements of Insurable Risks: A Quick Guide

• Reinsurance Definition, Types, and How It Works

Related Topics

• Insurance Regulations