Kinds of Trade Insurance
1) Public insurance / privacy insurance
2) Life assurance insurance/
goods insurance
3) property insurance/
Summenversicherung
4) compulsory insurance /
Freedom insurance
5) marine insurance /
land insurance /aviation insurance
Marine insurance is a contract that promises to compensate for all the losses occurred in marine industries.
민간경비 산업은 무엇인가?(정의)
1974년 형사사법 기준과 목표를 위한 자문위원회(the National Advisory Commission on Criminal Justice Standards and Goals) 는 그 보고서 Report of the Task Force on Private Security에서 :
“여러 가지 위해로부터 개인의 이익이나 생명 및 재산을 보호하기 위 하여 특정한 의뢰자(Specific Client)인
(2) Long Term Care in Korea
In July 2008, Korea introduced social insurance for long-term care. There are several
important demographic and social changes leading to the introduction of long-term care
(LTC) insurance, including the rapid ageing of population as a result of the increase in life expectancy and the sharp decline in fertility. Total fertility rate is below 1.1 in 2005 (NSO,2007).
Then, What is property insurance?
Which covers the risk of property owned by insured person or company.
Subject insured can be house, factory, building, machinery, jewelry, car, ship, air plane… and so on.
Difference between Life insurance and Property insurance in terms of compensation.
Better theoretical explanation is in the online lecture of this week.
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