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Is insurance a pyramid scheme?

No, insurance is not a pyramid scheme. Insurance is a legitimate financial product that provides protection against financial losses by pooling risks among a large group of people.


What does idemnity mean?

Indemnity is protection against a financial loss. An example would be when a person purchases an insurance policy to protect themselves from large financial losses due to sickness, accidents, or loss of material property.


What are the benefits of including an excess waiver in your car insurance policy?

An excess waiver in your car insurance policy can help you avoid paying a large sum of money out of pocket in case of an accident or damage to your car. It can provide financial protection and peace of mind by reducing your financial responsibility in certain situations.


What is the Role of Insurance in the Economy of Kenya?

The role of insurance in the economy of Kenya is to prevent catastrophic loses due to death, natural disasters, or unforeseen circumstances. Insurance also generates large amounts of income due to its business model.


What kind of financial services are available in Zurich?

"Zurich provides many financial services, mostly in terms of insurances. They offer Car insurance, home insurance, and business insurance for various different types of businesses small or large."


Are there any motorist insurance programs in Pennsylvania that I may apply for?

Simply stated, automobile insurance is a contract between you and your insurance company that protects you against financial loss if you are in an accident. Auto policies contain a variety of coverage's that can be purchased depending upon your needs and wants. You agree to pay the premium, and in return, the insurance company agrees to pay for certain expenses as defined in your policy. Having the right insurance coverage may prevent you from suffering a large financial loss in the event of an automobile accident.


What are adaptations of the golden eagle?

They have large wings for flying, they make large nests for protection against other birds. They have super sharp seeing for hunting prey.


How would you monitor review financial activities against a budget in a medium to large hospital establishment?

How to monitor the budget in hospitals


What is life insurance all about?

The goal of life insurance is to provide a measure of financial security for your family after you die. So, before purchasing a life insurance policy, you should consider your financial situation and the standard of living you want to maintain for your dependents or survivors. For example, who will be responsible for your funeral costs and final medical bills? Would your family have to relocate? Will there be adequate funds for future or ongoing expenses such as daycare, mortgage payments and college? It is prudent to re-evaluate your life insurance policies annually or when you experience a major life event like marriage, divorce, the birth or adoption of a child, or purchase of a major item such as a house or business.For the source and more detailed information concerning your request, click on the related links section (Answers.com) indicated below. Answer Life insurance is all about providing financial protection for your family in case of the death of the policy holder. It is protecting your family against the uncertainties of life. If you have large debts, mortgage, liabilities, purchasing a life insurance policy can also offer peace of mind by knowing your loved ones will not be financially burdened, in case you die.


What are humpback whale's adaptation for protection against enemies?

According to researchers, the adaptation of cetaceans is to grow very large. The larger you are, the safer from predation.


What do highest paid insurance brokers earn?

Much of what insurance brokers earn is based on what type of insurance they are selling. Some of the large companies' (New York Life, Northwestern Mutual) top producers earn upward of $2 million dollars per year selling insurance and financial planning services.


Life Insurance Policy?

form_title=Life Insurance Policy form_header=Protect your loved ones with a lifetime of financial security. Find a life insurance policy customized to fit your needs. What type of life insurance policy do you want to buy?= () Term Life Insurance () Permanent Life Insurance () Both () Not Sure How large of a life insurance policy do you want to buy?=_ Who will it cover?=_ Who would you list as beneficiary?=_