Multi-Line Insurance Brokerage
Insurance
From Wikipedia, the free encyclopedia
Types of Insurance
Any risk that can be quantified can potentially be insured. Specific kinds of risk that may give rise to claims are known as "perils". An insurance policy will set out in detail which perils are covered by the policy and which are not.
Types of insurance companies
Insurance companies may be classified as
* Life insurance companies, which sell life insurance, annuities and pensions products.
* Non-life or general insurance companies, which sell other types of insurance.
General insurance companies can be further divided into these sub categories.
* Standard Lines
* Excess Lines