Answers (4)

shashikanth_0p3 28-05-2013
shashikanth_0p3 - Kannur University
    a individual whose passions are secured by protection plan policy; a individual who agreements for protection plan coverage that indemnifies him against loss of property or life or health etc.
wajid 29-05-2013
wajid - Alagappa University
    In law and economics, insurance coverage is a form of threat management primarily used to hedge against the chance of a contingent, uncertain reduction. Insurance protection is defined as the equitable transfer of the chance of a reduction, from one entity to another, in exchange for payment. ...
raja_g 04-06-2013
raja_g - Birla Institute of Technology and Science
"Solvency in insurance is concerned with meeting obligations and capital adequacy is concerned with the ongoing business of the insurer and its ability to fulfill policy holders’ expectations.   Source:"

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