Insurance Dictionary Offline, Insurance dictionary app, Insurance Dictionary Free, Offline Insurance dictionary, dictionary of Insurance, dictionary for Insurance, Insurance terminology dictionary, Insurance term, Insurance meaning. Whether you want to learn Insurance, this app Insurance Dictionary should be your perfect choice. This Insurance dictionary works offline, search engine is very fast, and the app has online social sharing features. You can also listen to the pronunciation.
Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.
An entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter. A person or entity who buys insurance is known as an insured or as a policyholder. The insurance transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer’s promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms, and usually involves something in which the insured has an insurable interest established by ownership, possession, or pre-existing relationship.
The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insurer will compensate the insured. The amount of money charged by the insurer to the insured for the coverage set forth in the insurance policy is called the premium. If the insured experiences a loss which is potentially covered by the insurance policy, the insured submits a claim to the insurer for processing by a claims adjuster. The insurer may hedge its own risk by taking out reinsurance, whereby another insurance company agrees to carry some of the risk, especially if the primary insurer deems the risk too large for it to carry.
This “Insurance Dictionary” app contains multiple choice question (MCQ) word quiz to help you leading your Insurance skills so you can speak well and more confident. The app has an attractive user interface (UI) and flat navigation controls so you can use all features effortlessly. This is the most preferred app to learn Insurance language and has a large collection of words within its database.
• Beautiful user interface
• Multiple choice question word quiz
• Text to speech voice pronunciation
• 16 color theme choosers
• Auto Suggestion
• Easy Search
• Add new word in Dictionary
• Favorites list
• History maintainer
• Social word sharing
So, what are you waiting for? Just download this amazing “Insurance Dictionary” app and enjoy the best Insurance learning experience. Your team is working hard on production of the “Insurance Dictionary” app better & easier to use. Please feel free to email us for any queries/suggestions/problems or if you just want to say hello. We would love to hear from you. If you have enjoyed any feature of the “Insurance Dictionary” app, do not forget to rate us on play store.