Here’s how insurance ostensibly works; a person signs an insurance contract with an insurer which stipulates that the policyholder pays an amount per month called a premium in case of a specific event like an illness or a house fire. Should the event occur, the insurer has the responsibility to recoup the financial losses of the contract holder in whole or in part, depending on the type of insurance and policy details.
How Insurance Got So Soulless
How Insurance Got So Soulless
How Insurance Got So Soulless
Here’s how insurance ostensibly works; a person signs an insurance contract with an insurer which stipulates that the policyholder pays an amount per month called a premium in case of a specific event like an illness or a house fire. Should the event occur, the insurer has the responsibility to recoup the financial losses of the contract holder in whole or in part, depending on the type of insurance and policy details.