Posts Tagged ‘insurance’

Beast Insurance Disasters

April 27th, 2025

In the dictionary of the Russian language the concept of 'insurance' is treated as a form of security against potential disasters in the dictionary of the Russian language the term "insurance" is interpreted as a form of security against potential natural disasters and accidents, consisting in damages, which takes a special organization in relation to persons or entities paying her regular contributions in cash. In economic literature 24: insurance – it's economic relations arising in connection with the formation of the trust funds of funds, created to protect the property interests of the people in the private and business of life from natural disasters and other unforeseen extraordinary events involving damage. By the same author: Restaurant Michael Schwartz. Thus, insurance – a monetary relations, which are part of a unified system of monetary relations, and implemented along with such categories as finance, credit, price. Distinguish among them insurance relationship can be on specific criteria: 1) the cash nexus in insurance always are based on the probable or implemented by the insurance risk, 2) monetary relations arise over the formation and use of fund for a specific purpose: to meet the property interests of the participants in the insurance case occurrence of random events, and 3) the formation and use of the insurance fund are based on the principle of solidarity between participants in the layout of damage insurance. Insurance has the following functions: 1.

The risk function is that the policyholder to the insurer transfers the financial consequences of certain risks, paying him a premium. 2. The accumulation (saving) function is that there is a cumulative insurance, which allows customers to accumulate funds for a specific period of time through a contract of insurance (term life insurance). 3. Proactive (preventive) function is that after insurance contract, the insurer may carry out activities to reduce risk on the insured object (set alarm; freight forwarding, etc.) 4.

The control function of insurance is expressed in strictly observing the target formation and use of the insurance fund. 5. Ensuring continuity of social reproduction is that insurance creates financial conditions for the rapid rehabilitation and restoration of enterprises affected by the occurrence of insured events. 6. Exemption from the state ensured by the additional costs of insurance funds. Without insurance companies, all costs associated with the liquidation of accidents, explosions or natural disasters lie in state, which has at its disposal a limited state budget. 7. Stimulation scientific and technological progress manifested in two ways. First, insurance companies pay attention to their clients on the risks, promoting their elimination. Second, insurance companies, carrying out preventive measures, increase the overall level of public safety. 8. Protecting the interests of affected persons in the relations of civil liability insurance is provided through responsibility of individuals and legal entities for damages caused to third parties. In the liability insurance the injured person is receiving payment from an insurance company, ie not required to communicate to the court. 9. The concentration of investment resources for the national economy is provided by insurance because it creates insurance reserves are invested in government securities, equities and financial companies, banks, real estate, etc. Thus, insurance companies, finance industry, housing and the state, ie, contribute to the economy.

Health Insurance For Self-Employed

October 16th, 2023

If one is Independent we stand at the health insurance before the election whether to take out a private health insurance or remain in the statutory health insurance. In the statutory health insurance for the self employed, it may be cheaper for some reason than in the private health insurance. Learn more on the subject from Economic Cycles Research Institute. Is the wife at home with children must be insured independently in private health insurance and this ultimately means that the contribution is much higher than in the statutory health insurance when his wife and children are insured free of charge in the rule. In addition, the private health insurance for the self is often not achievable, since the health condition prevents a recording. Self-employed are in the GKV voluntary members and is one voluntarily insured in statutory health insurance for at least 18 months, the health insurance to be changed, as there are in the health insurance part of huge price differences.

If you want to cancel the insurance, this is usually the end of the second following Month possible. Increases the health insurance contributions the insured person has the opportunity to terminate the insurance until two months after the premium increase. The statutory health insurance in health insurance is different between the self and an increased contribution rate reduced. This is especially important for the self, as it is about the daily sickness benefit. With the reduced contribution rate of contribution is lower but the self is also then not entitled to the allowance. This can be prolonged illness, where the self is not capable of work, lead to financial ruin, so it should be thought to choose the higher contribution rate. The contributions of public health insurance are calculated according to the income threshold, the merit lies beneath it must be proven to the insurance company.