GrayScale Insurance Ltd.
organizations The transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer's promise to compensate (indemnity) the insured in the case of a financial (personal) loss.
entities The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insured will be financially compensated.
regulations Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice.

The license for implementation

special permit for the right to conduct insurance business
As a rule, in the office of the institution to a potential borrower will provide the phone number of the financial institution partner, which he will be able to get a wide range of information about conditions of granting of the loan, interest rate and other important aspects. As the borrower may violate the terms of the contract, they know everything. For example, if representatives of the credit institution's opinion, the loan was obtained by fraud, and they can prove it in court, the borrower may be required to pay the full amount of the debt immediately. Usually the initiators of termination by banks. If the Bank delays the borrowed funds or provides incomplete, then the borrower may require the Bank to comply with the terms of the contract, or to apply to the court to terminate the contract.
mutual insurance concept of the subject of insurance business
reinsurance insurance brokers, mutual insurance societies