Insurance in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. It is defined as the equitable transfer of the risk of a loss, from an entity to another, in exchange for a premium. An insurer is a company selling the insurance.
Like in the work of my wife in their company, they sell insurance to people. Before selling the insurance they first rapport the client and investigate for their background investment and and their daily needs. Family, children and education are important aspect to close an insurance deal. A sale consulting the clients on their daily expenses and their income to base the insurance that he or she will offer to them. It is more necessary that he or she will consult the client to know what insurance they need in their family.
Life insurance is the most common insurance that my wife offers to her client only because it is based on love and caring of the client to his or her family. Even there can be personal advantages to having life insurance, the most important thing is to make sure that your love ones are being taken care of.
April 28th, 2008 at 9:08 pm
Nice writing style. Looking forward to reading more from you.
Chris Moran