Non Life Insurance

UNIVERSITY OF SARAJEVO
SCHOOL OF ECONOMICS AND BUSINESS

EiM Financial management
Course: Insurance

„NON LIFE indemnity
Research paper

Mentors: Željko Šain, PhD Student: Amanda Šabi?
Jasmina Selimovi?, MSc Indeks No 68395

Sarajevo, april 2012.
C O N T E N T S
origination3
1.IMPORTANCE OF NONLIFE insurance4
2.TYPES OF NON-LIFE INSURANCE5
2.1.PROPERTY INSURANCE5
2.1.1. beset INSURANCE5
2.1.2.HOME INSURANCE6
2.2.AUTO INSURANCE6
2.3. liability INSURANCE8
2.3.1.D&O liability8
2.3.2.EMPLOYER LIABILITY8
2.3.3.PROFESSIONAL LIABILITY9
2.4.HEALTH INSURANCE9
2.5.MARINE INSURANCE10
3.CONCLUSION11
4.LITERATURE13

INTRODUCTION

We face a lot of risks in our daily lives. Some of these lead to finanial losses. Insurance is a commission of harboring against these financial losses. For a payment (premium), an insurance friendship will take the responsability of compensating our financial losses.



Insurance provides us with security system against unforeseen incidents along with afelling of security and also keep save intact for the future. One of the main reasons superstar should insure is to protect ones belongings and assets against financial loss.
The insurance principle comes to be more(prenominal) and more used and useful in modern affairs. In law and economics, a non animation (general) insurance is specify as a form of risk management basically used to hedging against the risk of a contingent, uncertain loss. General insurance typically comprises any insurance that is not determined to be life insurance. It is called „property and casualty insurance in the U.S. and „non life insurance in Continental Europe. 
General insurance is also defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is an institution or...If you want to brace a full essay, order it on our website: Orderessay



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