An insurer is an entity promising payment against covered losses, while an insured is the entity whose loss the insurance policy covers.

An “insurer” refers to the person or company providing you with financial support in the case of specific, bad events listed in your insurance policy.

Insurer also called 'insurance company' is the entity that accepts the risk and promises to pay for the losses that arise within the policy term.

10 мая 2024 г. · The insurer is defined as the company that issues insurance policies, handles claims, and sells policies. Moreover, the insurer is responsible ...

An insurance policy is a legal contract between the insurance company (the insurer) and the person(s), business, or entity being insured (the insured).

18 июл. 2024 г. · The insurer is the company that provides financial coverage to the insured in case of a covered loss. The insured is the person or entity that pays the insurer ...

The insurer is the party in an insurance contract that promises to pay compensation. The insurer is an entity, usually an insurance company, that underwrites ...

The insurer is the party, usually a company, that develops insurance policies, sets rates, and underwrites the coverage.

20 сент. 2022 г. · The insurer is the entity that provides protection and pays claims. On the other hand, an insurer is a company that provides an insurance policy for that ...

Insurance is a contract (policy) in which an insurer indemnifies another against losses from specific contingencies and/or perils. What Is Insurance? · Insurance Policy Components