Data:2009-12-12 2:34
Category: Insurance tips Release Date: 2006-08-01
Business Insurance: refers to the operation by entering into a contract in order to profit for the purpose of insurance forms, by special insurance business; commercial insurance relationship is a contract voluntarily entered into by the parties to the relationship between the insured under the contract to the insurance company to pay insurance premiums, an insurance company in the contract that may occur caused by the accident because it took place to pay compensation for property damage liability insurance, or when the insured person's death, disability, illness or age, to achieve the agreed time limit, they assume responsibility for payment of insurance premiums.
Social Security: It is defined as established under the direction of social policy by the state through legislative means to impose a mandatory insurance of citizens to form insurance fund, used to them because of old age, sickness, maternity, disability, death and unemployment caused by loss of ability to work or lost job opportunities for the provision of basic livelihood guarantee system for members.
