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What is Insurance?

Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of potential financial loss. Insurance is defined as the equitable transfer of the risk of a potential loss, from one entity to another, in exchange for a premium and duty of care.

 

- News from home Find out what's happening in Philippine politics, business, entertainment, and sports.

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- Chat Pinoy! Talk to Filipinos from around the world in REAL Time. No software to download. Make a friend, find love, talk to relatives abroad, or just simply chat.

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All these and much more can be found at Pinoy.webbiz5.com! Plus, in the future, watch out for live-moderated chats with politicians and entertainers in our chat room.

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