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insurance |
Also found in: Medical, Legal, Encyclopedia, Wikipedia, Hutchinson | 0.06 sec. |
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Insurance Guarding against property loss or damage making payments in the form of premiums to an insurance company, which pays an agreed-upon sum to the insured in the event of loss. insurance A commercial contract agreeing to compensate one for loss in the event of specifically named or described risks. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The assurfinance agents were responsible for 18% of the year's production (12% in 2004), giving a decisive contribution to the increase in mortgage credit production. Excluding the cost of promoting the "T-Card", an initiative intended to promote the Assurfinance project, this increase would have been even lower. Clearly positive Assurfinance results, namely in the new product called "T-Card": 12 000 new clients acquired; mortgage production represents 15% of total BES new mortgage production; the number of cards issued reached 15 000. |
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