Insurance

The insurance, legally and of economic sciences, is a form of risk management mainly employed to protect itself from the risk from a contingent loss. The insurance is defined like equitable transfer of the risk of a loss, starting from an entity with the other, in exchange of a premium. The insurer, in economic sciences, is the company which sells the insurance. The rate of insurance is a factor employed to determine the quantity, called the premium, to be invoiced a certain quantity of insurance of insurance. The risk management, the practice of the evaluating risk and control, evolved/moved like discrete field of study and practice.