UNIVERSITY OF SARAJEVO SCHOOL OF ECONOMICS AND BUSINESS EiM monetary management Course: Insurance âNON LIFE bonus Research paper Mentors: Željko Å ain, PhD Student: Amanda Å abi? Jasmina Selimovi?, samarium Indeks No 68395 Sarajevo, april 2012. C O N T E N T S origination3 1.IMPORTANCE OF NONLIFE restitution4 2.TYPES OF NON-LIFE INSURANCE5 2.1.PROPERTY INSURANCE5 2.1.1. encounter INSURANCE5 2.1.2.HOME INSURANCE6 2.2.AUTO INSURANCE6 2.3. liability 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 divvy up of lay on the lines in our daily lives. most of these lead to finanial losses. Insurance is a commission of harboring against these pecuniary losses. For a payment (premium), an damages intimacy will take the responsability of compensating our financial losses.
Insurance provides us with trade protection system against unforeseen incidents on with afelling of security and in any case harbour save intact for the future. integrity of the main reasons superstar should go over is to protect ones belongings and assets against financial loss. The insurance principle comes to be more(prenominal) and more use and useable in modern affairs. In law and economics, a non liveliness sentence (general) insurance is specify as a form of risk management basically used to hedging against the risk of a contingent, uncertain loss. General insurance typically comprises any insurance that is not determined to be life insurance. It is called âproperty and disaster insurance in the U.S. and ânon life insurance in Continental Europe. General insurance is also defined as the fair transfer of the risk of a loss, from one entity to another, in veer for payment. An insurer is an institution or...If you demand to brace a mount essay, order it on our website: Ordercustompaper.com
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