Insurance companies

Insurance companies also issue another type of temporary insurance, which is deferred temporary insurance, according to which the insurance company is obliged to pay the amount of insurance specified in the policy to the beneficiary or beneficiaries specified in the policy in the event of the death of the insured …

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The most important characteristic of the previous

The most important characteristic of the previous definition is that it brings together all the main characteristics of insurance: a. Collect losses B. Danger shift C. Accidental loss compensation The origin and development of insurance A follower of the origin of the insurance and its development finds that the insurance …

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Insurance – Definition of insurance, the origin of insurance, its types and its importance

Insurance master: There are many definitions of insurance, and in fact these definitions benefit insurance greatly, as by examining these definitions among themselves, they eventually reach a comprehensive and comprehensive definition of insurance. Defining the statutory insurance: A distinction must be made between three different legal categories when examining the …

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The importance of insurance in our life

Insurance has multiple jobs that have a positive return not only for the ordinary individual, but also for the individual community. The importance of insurance is evident through the following main functions. Insurance is a safety tool and a vehicle for the formation of neglected capital that contributes essentially to …

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What are the different Types of insurance?

The executive regulations of the Insurance Companies Control Law were defined as “shifting the burden of risks from the insured to the insurance companies” and the insurance aims from “returning the insured to his financial position immediately before the loss.” And the contemplative of the insurance market finds there are …

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