新编金融英语教程第十章.pptx

;;;;;;10.2 Key Points;;;accident and health insurance actuarial science adverse selection annuity contracts cash value capital base claims adjuster designated beneficiary financial reimbursement insurable interest ;moral hazard pension plans personal property policy holders policy proceeds property insurance protection policies reinsurance market renters insurance social security system ;1. Insurance is a means of protection from financial losses. It is a form of risk managements, which is used to hedge against the risk of a contingent, uncertain loss. 2. The insured receives a