We have detected that Javascript is not enabled in your browser. The dynamic nature of our site means that Javascript must be enabled to function properly. Please read our terms and conditions for more information.

Next up

Understanding Insurance

Description

Property & Liability Insurance Principals Mind Map on Understanding Insurance, created by jaime.gard on 20/01/2014.

Mind Map by jaime.gard, updated more than 1 year ago

	Created by jaime.gard over 10 years ago

37

0

Resource summary

Understanding Insurance

Major Roles of Insurance
1. As a risk management teqnique
  1. Loss Prevention
  2. Loss Reduction
2. As a risk transfer system
  1. Transfer Cost of Losses
  2. Share Cost of Losses
3. As a business
  1. Property/Casualty Insurance
  2. Life/Health Insurance
4. As a contract
  1. Utmost Good Faith
  2. Contract of Adhesion
  3. Contract of Indemnity
Common Types of Personal & Commercial Insurance
1. Personal Insurance
  1. Property & Liability
    1. Homeowners
    2. Personal Auto Policy
    3. Personal Watercraft
    4. Umbrella Liability
    5. Liability Coverage
    6. Comprehensive Coverage
  2. Life & Health
    1. Life Insurance
    2. Health Insurance
    3. Long Term Care Insurance
    4. Annuities
2. Commercial Insurance

Show full summary Hide full summary

Want to create your own Mind Maps for free with GoConqr? Learn more.

Similar

Nouns & Definite Articles Notes

Selam H

Themes in Macbeth

annasc0tt

GCSE AQA Chemistry - Unit 3

James Jolliffe

AQA Biology 12.1 cellular organisation

Charlotte Hewson

Chemistry unit 2

36jessieh

Biology -B2

Sian Griffiths

GCSE Computing: Hardware

Yasmin F

Test your Knowledge with Quizzes

daniel.praecox

Procedimientos Operacionales

Adriana Forero

1PR101 2.test - Část 2.

Nikola Truong

1PR101 2.test - Část 6.

Nikola Truong