Insurance

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Insurance

In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the insurance; an insured, or policyholder, is the person or entity buying the insurance policy. The insurance rate is a factor used to determine the amount to be charged for a certain amount of insurance coverage, called the premium. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice.

The transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer's promise to compensate (indemnify) the insured in the case of a financial (personal) loss. The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insured will be financially compensated.

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Matching Insurance Colleges

Name
University of Georgia
Four or more years; Public; $24,411 average out-state tuition; $6,676 average in-state tuition
Temple University
Four or more years; Public; $22,832 average out-state tuition; $13,006 average in-state tuition
Mississippi State University
Four or more years; Public; $14,670 average out-state tuition; $5,805 average in-state tuition
Georgia State University
Four or more years; Public; $20,393 average out-state tuition; $5,826 average in-state tuition
Florida State University
Four or more years; Public; $17,544 average out-state tuition; $3,100 average in-state tuition
University of Wisconsin-Madison
Four or more years; Public; $24,342 average out-state tuition; $8,592 average in-state tuition
St John's University-New York
Four or more years; Private not for profit; $33,235 average out-state tuition; $33,235 average in-state tuition

Insurance Scholarships

Name Amount Deadline
Spencer Postdoctoral Fellowship Up to $70,000 November 02, 2016
Brightest Minds MBA Scholarship Contest $25,000 October 15, 2016
AICPA Fellowship for Minority Doctoral Students Up to $12,000 May 15, 2017
NRF Next Generation Scholarship Up to $25,000 October 14, 2016
Naperville Rotary Charities and The Rotary Club of Naperville Scholarship $5,000 November 01, 2016
John L. Carey Scholarship $5,000 April 01, 2017
AICPA Minority Scholarship Up to $5,000 April 01, 2017
YMA Fashion Scholarship Fund $5,000 November 01, 2016
Robert N. Robinson Scholarship $3,500 March 10, 2017
Kathy Marszalek Memorial Scholarship $3,000 November 01, 2016