The short answer: INDEMNIFICATION. Putting a person back to where she was immediately before a loss. This is the most basic theory of insurance. It may be an old, outdated concept, but the word...
What’s this three-quarters of a car thing? INDEMNIFICATION.
I’m only concerned about a kitchen fire.
I’m only concerned about a kitchen fire. So, why do insurers require me to insure the replacement cost of my house?
Why is flood excluded from my insurance?
Clement, Jordan & Van Dervort Named IBA's Elite Women 2018
Congratulations to THREE GEBers for being recognized in the 2018 Insurance Business America (IBA) Elite Women report: Betsy Clement, Holly Jordan, and Liz Van Dervort!