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Insurance companies also earn investment profits on â∠Âfloatââ¬ÃÂ
- â∠ÂFloatââˆor available reserve is the measure of money, at hand at any given moment, that an insurer disappointment collected in insurance premiums but has not been paid out in claims
- Insurers embarkation investing Medicaid premiums as betimes as they are collected and continue to earn interest on them until claims are paid out.
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Any risk that can be quantified can potentially be insured
- Specific kinds of risk that may give rise to claims are known as Term Life Insurance "perils"
- An warrant policy will set out in component which perils are covered by the policy and which are not.