The risk is that we can not avoid in life, manage risks in order to reduce or transfer risk to others are things you can do. But, not all risks can be insured risk in the insured has the following specific characteristics:
- Losses due to an accident, such as critical illness late stage, hit by natural disasters
- Losses are uncertain, such as death, illness, incapacity or disability, and old age, including a condition that can be identified, such as destroyed buildings, sinking ships, planes crashed.
- Losses are convincing, as someone no longer able to work because of an accident, the machine does not work anymore because of damage.
- Loss rate should be predictable, like someone no longer able to work because of an accident, fire engine so it can not function anymore.
- Not result in catastrophic losses to the insurance company, such as a person's death will not cause the company bankrupt
- Objects can be in the value of insurance money
- Equal, similar, and the quality and sufficient quantity
- Risks that occur must be pure
- Risks that occur due to accidental and unplanned
- Risks that occur are not contrary to the public interest
- Insurance premiums are charged fairly reasonable
- Insuring Party shall have (insurance interest)
1 komentar:
Insurance is a device that gives protection against risk. A risk must have certain elements in it make it insurable.
Insurable risk has 7 elements. Insurance providers look for these to measure levels of risk and levels of the premium for insurance protection of anything.
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