This article does not cite any references or sources. (March 2008) Please help improve this article by adding citations to reliable sources. Unverifiable material may be challenged and removed. The Metropolitan Life Insurance Company is one of the world's largest New York based life insurance companies Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium. Insurer is the company that sells the insurance. Insurance rate is a factor used to determine the amount, called the premium, to be charged for a certain amount of insurance coverage. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice. Contents 1 Principles of insurance 2 Indemnification 3 Insurer’s business model 4 History of insurance 5 Types of insurance 5.1 Health 5.2 Disability 5.3 Casualty 5.4 Life insurance 5.5 Property 5.6 Liability 5.7 Credit 5.8 Other types 5.9 Insurance financing vehicles 6 Insurance companies 7 Global insurance industry 8 Controversies 8.1 Insurance insulates too much 8.2 Closed community self-insurance 8.3 Complexity of insurance policy contracts 8.4 Redlining 8.5 Insurance patents 8.6 The insurance industry and rent seeking 8.7 Criticism of insurance companies 9 Glossary 10 See also 11

Why getting travel insurance is a good idea

Why getting travel insurance is a good idea It is estimated that half of Britons don't bother with travel insurance when they take short breaks and some of us don't even take up travel insurance w...

How to use your laptop in Luxembourg

Many people travel to Luxembourg to escape the reality of work and chaos. These people may realize that they are in contact with the outside world may have highlighted some of yours. Take your lap...

Avail the Services of a Professional Moving Company

To save you the task of moving with all of your bulky furniture and other home items, it's a practical solution to opt for a professional moving company. Not only do they have the strength to get the ...

Pet Travel Insurance

Pet Travel Insurance is becoming a very popular concept and pet owners don’t have to undergo the headache of canceling their planned travel trip for the sake of taking care of their beloved pet. Trave...

Pet Dental Insurance

What Is Pet Dental Insurance? Dental Insurance for Pets is basically coves the same things as human dental insurance, you if your pet suffers any problems occurring the vet will settle and you will...

Recession Proofing Your Income With A Home Business

The economy is in a state of panic right now and may be for some time. There is job insecurity almost everywhere and even those who are not fearful of being laid off are dealing with their wages bein...

Investors - How to Deal With the New 4 Property Limit Guideline

If you've tried getting a conventional loan recently, you may have ran into this brand new roadblock. Fannie and Freddie have implemented a new guideline for conventional real-estate loans. They lim...