Insurance Commission (Philippines)
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Insurance Commission (Philippines)
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by o ...
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Indian People
Indians or Indian people are the Indian nationality law, citizens and nationals of India. In 2022, the population of India stood at over 1.4 billion people, making it the world's List of countries and dependencies by population, second-most populous country, containing 17.7 percent of the global population. In addition to the Indian population, the Non-resident Indian and Overseas Citizen of India, Indian overseas diaspora also boasts large numbers, particularly in the Arab states of the Persian Gulf and the Western world. While the demonym "Indian" applies to people originating from the present-day Republic of India, it was also formerly used as the identifying term for people originating from Pakistan and Bangladesh during British Raj, British colonial era until 1947. Particularly in North America, the terms "Asian Indian" and "East Indian" are sometimes used to differentiate Indians from the indigenous peoples of the Americas; although the Native American name controversy, ...
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