InsuranceApportionment Basic health insurance policy Annuity Certain Additional living expenses Life Expectancy Tables Proposal Form
Facultative reinsurance
Reinsurance is a crucial aspect of the insurance industry, ensuring that insurers are protected against large or unique risks. Facultative reinsurance is a specific type of policy that covers individual risks that fall outside of a company's reinsurance treaties. This can include policies for expensive assets such as jumbo jets or oil rigs. Unlike treaty reinsurance, which covers entire classes of business, reinsurers have the discretion to assess each risk individually. With facultative reinsurance, insurers have the flexibility to tailor their coverage to their specific needs.
Related terms
Understand the meaning and definition of Apportionment in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Basic health insurance policy in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Annuity Certain in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Additional living expenses in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Life Expectancy Tables in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Proposal Form in the context of stock market, trading, and investments.
MOREExplore other categories
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments
Get the link to download the App
