Insurance Wikipedia: Difference between revisions

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Some communities prefer to create virtual insurance among themselves by other means than contractual risk transfer, which assigns explicit numerical values to risk. A number of religious groups, including the Amish and some Muslim groups, depend on support provided by their communities when disasters strike. The risk presented by any given person is assumed collectively by the community who all bear the cost of rebuilding lost property and supporting people whose needs are suddenly greater after a loss of some kind. In supportive communities where others can be trusted to follow community leaders, this tacit form of insurance can work.<br><br>If you have any queries regarding wherever and how to use [https://www.yewiki.org/Insurance_Wikipedia www.Yewiki.org], you can get in touch with us at our web page.
Some communities prefer to create virtual insurance among themselves by other means than contractual risk transfer, which assigns explicit numerical values to risk. A number of religious groups, including the Amish and some Muslim groups, depend on support provided by their communities when disasters strike. The risk presented by any given person is assumed collectively by the community who all bear the cost of rebuilding lost property and supporting people whose needs are suddenly greater after a loss of some kind. In supportive communities where others can be trusted to follow community leaders, this tacit form of insurance can work.<br><br>If you treasured this article and you would like to acquire more info regarding [http://www5a.biglobe.ne.jp/~t-masa/g_book.cgi/rk=0/rs=byhfds8cduvc?popup=1&refurl=http://cgi.www5a.biglobe.ne.jp/~t-masa/g_book.cgi/rk=0/rs=byhfds8cduvc%3Fpopup=1/ Www5a.biglobe.ne.Jp] generously visit the web site.

Revision as of 11:38, 1 September 2024

Some communities prefer to create virtual insurance among themselves by other means than contractual risk transfer, which assigns explicit numerical values to risk. A number of religious groups, including the Amish and some Muslim groups, depend on support provided by their communities when disasters strike. The risk presented by any given person is assumed collectively by the community who all bear the cost of rebuilding lost property and supporting people whose needs are suddenly greater after a loss of some kind. In supportive communities where others can be trusted to follow community leaders, this tacit form of insurance can work.

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