kpoplover727 (@kpoplover727)

What is insurance?

What is insurance? Insurance is a contract between an individual (the policyholder) and an insurance company. This contract provides that the insurance company will cover some portion of a policyholder’s loss as long as the policyholder meets certain conditions stipulated in the insurance contract. The policyholder pays a premium to obtain insurance coverage. If the policyholder experiences a loss covered by insurance, such as a car accident or a house fire, the policyholder files a claim for reimbursement with the insurance company. The policyholder will pay a deductible to cover part of the loss, and the insurance company will pay the rest.

When you buy an insurance policy, you’re pooling your loss risk with the loss risk of everyone else who has purchased insurance from the same company. If you get your homeowners insurance from State Farm, which sells far more homeowners insurance policies than any of its competitors, you’re joining forces with millions of other homeowners to collectively protect each other against loss. Each homeowner pays annual premiums; State Farm collected more than $39.593 billion in earned premiums in 2016, according to its annual report.


SM Super Idol League - with CHANYEOL On Feb 19 at 7pm CST! #CHANYEOL #찬열 @weareoneexo https://t.co/7zUZKrq40D
SM Super Idol League - with CHANYEOL 

On Feb 19 at 7pm CST! 

#CHANYEOL #찬열 @weareoneexo https://t.co/7zUZKrq40D
I miss chanyeol and EXO
I miss chanyeol and EXO
Chanyeol being all shy when he’s being showered with compliments .//////. 🥺🥺🥺🥺🥺 #CHANYEOL #찬열 @weareoneexo https://t.co/RtwsxXeIA4
All of my non-exol friends think that im crazy for thinking they look alike 😂 meanwhile exols thinks of Sehun when… https://t.co/rgDLBemEdi
CONFESSION Kr lyrics by: LOEY, Kim Jongin Our boys🥺❤️❤️ #EXO #엑소 @weareoneexo https://t.co/oQ0doGGreo
RT @MongChooGOs: CLASSIC✨: EXO 8TH ANNIVERSARY TORONTO PARTY INTEREST CHECK • DATE : SAT APRIL 11, 2020 • TIME : 12-4PM • VEN…
😭😭😭😭😭 they’re literally brothers 😭😭😭 https://t.co/hBzBXw0r0f
RT @kyungsbaek: 엑소 디오 경수 포카 드래곤볼 리스트🌵 EXO D.O Kyungsoo Photocard List🌵 (updated - 200216) - Pantone Zipnote / 팬톤 집노트 - FLO Ver 3 / FLO 3회차…
Chanyeol getting all shy because of the good comments .////. He’s so cute 🥺❤️ https://t.co/TjdRKlSNUl
Is anyone still interested in these bracelets 🧐 I might get extras that I need to sell https://t.co/EEsKiDqCEb
Junmyeon (kimjuncotton) IG: “I missed the snow so much” ❄️ ⛄️ #suho #EXO #엑소 @weareoneexo https://t.co/BMGqA6Gs2w

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