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1. insurance that is purchased by
an insurance company .The insurance companies directly or through a broker as a means of risk management,
sometimes in practice including tax mitigation .
2. by considering the population attracted to the business
3. in insurance it mean other peoples money. He says that it has cost us nothing, and in fact has made us money. Though our float is shown on our balance sheet as a
liability, float is a valued capital because the insurance does not need to keep it.
4.Many people do not invest in the insurance industry.
5.yes i will buy, so that it can cover for me the risks associated with items
Please let me know if you need any clarification. I'm always happy to answer your questions.
Jul 10th, 2015
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