According to Wikipedia, insurance is:
"Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium, and can be thought of as a guaranteed small loss to prevent a large, possibly devastating loss"
Parole insurance can be Personal or Business one, but the main goal of insurance is to insure you or your business against a possible loss. Term insurance can be described as:
- A small loss that prevents a large, possibly devastating loss.
Insurance protects you against financial loss in a future if you have an accident. Insurance is a contract between you - a policyholder (person or entity buying the insurance), and the insurance company. Policyholder's payments are called premium.
At Moscker Insurance, we have some great offers that you don't want to miss! Feel free to fill out the form and do the insurance quote. Most important - it's free of charge and you can save up to $550 for year or more!