Insurance
earn a lot of money from insurance premiums if the clients never claim for compensatsion , but
they also have unlimited liability or responsibility for losses.
Liability- kohustus.
Reinsurance- company- this is a company that will recive some of premium and also bear or
take some of the risk. If insurance companies connsider that they have underwritten too many
risks, they can sell some of that risk to a reinsurance company.
Tax haven- maksuvaba ala (haven=port)
Mandatory, compulsory insrance- kohustuslik kindlustus
Voluntary, additional(lisa) insurance- vabatahtlik kindlustus
Varas-thief vargad-thieves vargus-theft
Kindlustust müüakse tel v internetis- insurance is sold by telephone or on the internet
Viis kuidas säästa tulevikuks- a way to save fir a future.
Piiratud vastutus- unlimited liability
Riski võtta- take, bear, to have-a risk
Nõuet esitama- make a claim, place a claim
Riigimaksu maksmist edasi lükkama- postpone payment of tax, put off smth.