Religion Past and Present

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Insurance
(428 words)

[German Version]

One can protect oneself against the risks of life through personal provision or by acquiring private insurance. Given freedom of choice the individual will decide for the insurance if the costs of covering a certain risk are less than bearing the costs directly. In private insurance, premiums are determined on the basis of risks assessment on the principle of actuarial equivalence. Indemnification payments are based on premium payments, which, in turn, are assessed in terms of the…

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Cansier, Dieter, “Insurance”, in: Religion Past and Present. Consulted online on 28 March 2024 <http://dx.doi.org/10.1163/1877-5888_rpp_SIM_125333>
First published online: 2011
First print edition: ISBN: 9789004146662, 2006-2013



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