Difference between revisions of "Amica Mutual Insurance"

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Many insurance executives are opposed to patenting insurance merchandise as a outcome of it creates a new threat for them. Insurance is just a danger transfer mechanism wherein the monetary burden which can arise as a end result of some fortuitous occasion is transferred to an even bigger entity called an Insurance Company by method of paying premiums. This only reduces the monetary burden and never the precise possibilities of occurring of an event. Insurance is a risk for both the insurance company and the insured. The insurance firm understands the chance concerned and can carry out a risk assessment when writing the coverage.
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