an insurance policy

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					Basically, an insurance policy is a contract that is a valid agreement
between the insurer (in this case the insurance company) by the insured,
where the insurer is willing to bear a loss which may arise in the future
in return for payment (premium) certain of the insured.



According to Law No. 2 In 1992, the meaning of Insurance is an agreement
between two or more parties, with which the insurer committed themselves
to the insured, by accepting insurance premiums to provide reimbursement
to the insured for loss, damage or loss of expected benefits, or legal
liability to a third party which may be suffered by the insured, arising
out of an uncertain event, or to provide a payment based on death or life
of an insured person.

				
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