Insurance is a method of transferring risk where people pay money to an insurer in return for the insurer covering some or all financial losses that may occur in the future.

Authors

• Person: Not available Organization: Council for Economic Education
  6 Core Areas of Personal Finance | CEE

Sources

• 6 Core Areas of Personal Finance | CEE www.councilforeconed.org Council for Economic Education via serper

Referenced by nodes (1)

• insurance concept