#5 – Insurance Resource

As a result of globalization, deregulation and terrorist attacks, the insurance industry has gone through a tremendous transformation over the past decade. In the simplest terms, the insurance company attempts to manage mortality (death) rates among its clients. The insurance company collects premiums from policy holders, invests the money, (usually in low risk investments), and then reimburses this money once the person passes away or the policy matures.

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