Insurance is one means of dealing with risk. The fundamental principle of insurance is a pooling of risks. While types of insurance vary widely, their primary goal is to allocate the risks of a loss from the individual to a great number of people. Insurance companies are the safe keepers of the premiums. Because of its importance in maintaining economic stability, the government and the courts are very strict in ensuring these companies are regulated and fair to the consumer.
Insurance Law Lawyers
Heather Vaughan