Information for "Insurance Fraud"

Basic information

Display titleInsurance Fraud
Default sort keyInsurance Fraud
Page length (in bytes)19,571
Namespace ID0
Page ID52635
Page content languageen - English
Page content modelwikitext
Indexing by robotsAllowed
Number of redirects to this page0
Counted as a content pageYes
Number of subpages of this page1 (0 redirects; 1 non-redirect)

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Page creatorprefix>Import Bot
Date of page creation21:27, 1 November 2013
Latest editorRobkelk (talk | contribs)
Date of latest edit21:33, 26 October 2023
Total number of edits7
Recent number of edits (within past 180 days)0
Recent number of distinct authors0

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Description

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Insurance is a method of sharing the risk of loss between a large number of people. When someone suffers a loss, they are reimbursed by their insurance, paid for from the premiums of all the insureds who didn't suffer a loss. While it may seem that the lossee has "hit the jackpot" in that they're the only one who have got more out of their insurance than they put in, the principal of indemnity dictates that they are reimbursed only the value of their loss. Ideally, insurance pays to get you exactly back where you started, no more, no less.
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