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By: www.britishlisting.com
 
Oct. 4, 2009 - PRLog -- Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium, and can be thought of as a guaranteed and known small loss to prevent a large, possibly devastating loss. An insurer is a company selling the insurance; an insured or policyholder is the person or entity buying the insurance. The insurance rate is a factor used to determine the amount to be charged for a certain amount of insurance coverage, called the premium. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice.

British Listing, UK Insurance Directory: Cheap car insurance, life assurance, motor, home, pet, mortgage protection, motorbike, motorcycle, commercial, income protection - the directory of UK Insurance, all uk insurance classes covered in the directory.
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