Definition: The word "insurance" can refer to a wide range of different things, including: 1. A financial product that provides protection against losses resulting from natural disasters or other events that may damage or destroy property, vehicles, or personal property. 2. An insurance company's service that helps individuals and businesses protect their assets from unexpected risks. 3. The process of purchasing and insuring your belongings to protect them in case of an accident or disaster. 4. A professional agency that arranges coverage for property loss claims against a large insurance company. 5. The act of obtaining insurance by buying and paying premiums, often as part of a larger financial plan. The word "carrier" refers to the insurer who buys the policy and provides the coverage. For example, if you purchase an insurance policy from a different carrier, it will be underwritten by another insurance company.
You've scored 50% OFF Factor 🤤
Forget the empty fridge stare-down. Factor delivers fresh meals to your door. Just heat & eat!
Click to sign up for FACTOR_ meals.