How exactly does insurance affect our economy? - economy insurance
I understand the basic principles of insurance. This is the transfer of risk. This setting is the increase in insurance premiums they must pay claims. What I'm trying to understand how deep of course, impact on our purchasing power and our economy. Please, if you can give me answers to these and took me to a place where you would be able to find more information that's great.
Tuesday, January 5, 2010
Economy Insurance How Exactly Does Insurance Affect Our Economy?
1 comment:
In my opinion, the insurance of the sigh of our economy made available. Buy you are not permitted to finance a car, house, commercial property, commercial equipment, boat, plane, condo, etc., without showing evidence of reporting by the bank because she used the assets as collateral for the loan will be fully against loss protected. Not engaging, that someone without insurance to receive compensation for workers. Even if you do not have the resources, would be absurd and illegal in many cases, do without insurance. Banks are also essential for life, the man on the executive of a company where they make large loans for businesses. And, of course, unfortunately, in most cases, you may not be the best medical care, without insurance, because most of us can not even afford a short hospital stay. Most employees appreciate all types of benefits that are offered by insurance companies. Life insurance should also lost a way of life for many families, the relatives - the ability to maintain their homes, send their children to college, pay, etc.Claims for lost wages will help to pay medical bills and to compensate injured for the loss of life of people in accidents.
Insurance companies also offer to invest a portion of premiums to surplus funds to several building projects such as apartments, condominiums, office buildings and retail. In addition, investing in stocks, mutual funds stop would bond markets, etc. In principle, no insurance in our economy and the economies of most countries.
And, of course, like all companies that are in it to make a fair return on investment, while the rest of the public service.
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