Many definitions are given to the term insurance, that initially look there's no similarity between the definitions of every different. this is often understandable, as a result of they're outlined per the angle that they use in watching insurance, that in accordance with the on top of description that insurance may be viewed from many angles.
Definitions-definitions insurance include:
1. The definition of insurance underneath Article 246 of the Book of the Law of business Law (Commercial code) of the Republic of Indonesia:
"Insurance or coverage is an agreement, by that a guarantor is binding on the insured to receive a premium, to produce reimbursement to him for any loss, harm or loss of expected profit, which can be suffered due to an incident that's not certain".
Based on that definition, then the insurance contained four parts, namely:
a. The insured (insured) who promised to pay a premium to the insurer, promptly or gradually.
b. The insurer (insure) that promised to pay some cash (compensation) to the insured, all promptly or gradually, when one thing happens that doesn't contain sure parts.
c. An event (accident) aren't terntentu (previously unknown).
d. Interest (interest) which can be suffered losses thanks to sure events that don't.
2. Definition of insurance by Prof.. Mehr and Cammack:
"Insurance may be a suggests that to cut back monetary risk, by approach of collecting exposure units in sufficient numbers, to form the individual losses may be estimated. And then the losses may be predicted is borne equitably by those that are members".
3. Definition of insurance by Prof.. Mark R. Green:
"Insurance is an economic establishment that aims to cut back risk, by combining during a variety of management objects giant enough numbers, therefore the overall loss may be predicted among sure limits".
4. Definition of insurance by Arthur C. William Jr. and Richard M. Heins, that defines the insurance is predicated on 2 points of read, namely:
a. "Insurance may be a security against monetary loss by an insurer".
b. "Insurance is an agreement by that 2 or a lot of persons or entities to lift funds to hide monetary loss".
Based on these definitions on top of would be regarding the definition of insurance which will cowl all points of view:
"Insurance may be a suggests that to cut back the risks inherent within the economy, by approach manggabungkan variety of units exposed to the chance of constant or nearly constant, in giant enough quantities, so the likelihood of losses may be predicted and if the anticipated losses can occur during a proportional share by all parties within the joint ".
Insurance function:
1. Transfer Risk
By paying a comparatively tiny premium, someone or company will move the uncertainty of life and property (risk) to the insurance company
2. assortment of Funds
Premiums received and picked up by the insurance company as a fund to procure risks that occur.
Adira Asuransi Kendaraan Terbaik Indonesia Tablet Android Honeycomb Terbaik Murah