Insurance Losses
Consists of insurance for property (property, vehicle), financial interests (pecuniary), liability (liability) and personal insurance (accident or health).
Life insurance
It is essentially a form of cooperation between people who avoid or minimize the risk of death (which is certain but uncertain when it occurs), the risk of old age (which is certain and predictable when it occurs, but uncertain how many long) and the risk of accidents (which are uncertain, but not impossible). Which cooperation is coordinated by the insurance company, working on the law of large numbers, which spread the risk to people who want to cooperate. Included in life insurance programs such as: insurance for education, pensions, investments, stages, health insurance.
Social Insurance
Social insurance is a compulsory insurance program organized by the government under the Act. The purpose and objective of social insurance is to provide a basic guarantee for the community and not aim to gain commercial profit.