Car insurance risk transfer

(1) risk transfer insurance risk is transferred out of his own, and institutions to accept the risk that insurance companies. Insurance companies accept the transfer of risk is an insurable risk because there is a pattern. Insurance companies focus on a number of risks, the law of large numbers of probability theory and other mathematical methods to predict the risk probability, the probability of insured losses. By studying the risk of chance to find its inevitability, to master the risk occurrence and development of the law of the accident was inevitable, of uncertainty for the fixed, risk concerns for many people who have provided insurance.
(2) loss of transfer of risk is not shared equally true disasters left the insured, but the insurer with all the financial resources to compensate for the economic calamity damage to the insured losses, for solve problems. Natural disasters, accidents are generally caused huge economic losses, the affected individuals is unable to cope with and afford. The insured to collect the insurance costs and to pay reparations in the form of huge losses to a few people scattered to numerous insured, so that individuals bear the loss, to the majority of people can afford the loss, which is actually the losses shared equally to have the same risk of the insured. Included in the cost of insurance, insurance expenses will be compensated from the commodity price, it is in fact shared equally between the loss of all consumers. This method of loss shared equally averaging just lost, but did not reduce losses. Because, from the whole society perspective, the "average of the loss is still loss", so the loss of function of the insurance is only shared equally, and no reduction in loss of function.
For example: Suppose there are 1000 cost 100,000 yuan / Mei Dong's house, an annual average of 2 fire damage, assuming that all the damage, the annual economic loss of 200,000 yuan. If the loss of 200,000 yuan from the 1000 assessment of housing owner, 200000/1000 = 200, ie Mei Dong owner financed housing 200 100,000 yuan can be obtained free of financial security.
(3) implementation of compensation assessed is the implementation of compensation for loss of the premise and means to implement the purpose of compensation is assessed loss. Insurance compensation is an accident occur in the insurance, the insured after a loss. Yea damage is not insured, the insurer without compensation, insurance and compensation to the implementation of the contract signed by the parties based on the scope of the compensation are the following:
First, because of disasters suffered by the insured property losses;
Second, the insured due to disasters and the casualties suffered by the body itself or insurance expiration of the insurance money should be settled;
Third, the insured due to disasters, according to financial compensation payable to others;
Fourth, the insured because the other party fails to perform the economic loss suffered by the contract;
Fifth, the disaster after the accident, the insured subject matter insured due to the rescue for all costs incurred.
(4) mortgage loans and investment income insurance law clearly states: "Terms of the cash value is not lost", the customer signed a contract with the insurance company though, but customers have the right to terminate the contract and get surrender amount. Insurance contract also provides for the cash-strapped customers to apply for surrender 90% of the loan payment. If you need money, they could not come a moment, it can be in the insurance company mortgage insurance, the corresponding amount from the insurance company to obtain loans.
Meanwhile, some life insurance product not only has the insurance function, but also has some investment value, that is, if the insured event occurred during the insurance period, insurance companies will follow the agreed payment of the insurance; if the insured event did not occur during the insurance period, then get paid on time, you get the insurance money will not only exceed the premiums paid by your past, but also benefits other than the principal.