Insurance Wikipedia: Difference between revisions
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Revision as of 13:41, 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.
Should you have any kind of questions about in which as well as the best way to make use of http://ciento29.com, it is possible to e-mail us at the webpage.