Glossary of Terms starting with "I"

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The risk of a decrease in future... full definition

When an individual purchases insurance... full definition

Insurance

A contract that involves the insured... full definition

An insurance agent is an individual... full definition

Similar to an insurance agent, an... full definition

A financial entity that pools risk and... full definition

An insurance company rating is a... full definition

Insure

The process of paying a known price in... full definition

Insured

The person, persons or entity covered... full definition

Insurer

A financial entity that pools risk and... full definition

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