WATCH VIDEO inyoka enkulu ibonakala esibhakabhakeni : amaphohisa aphumelela ekumbabeni ngemuva kokulimaza kakhulu ku-yazulu natali
reinsurance insured receives a contract , called the insurance policy , which details the conditions and circumstances under which the insurer will compensate the insured. The amount of money charged by the insurer to the insured for the coverage set forth in the insurance policy is called the premium. If the insured experiences a loss which is potentially covered by the insurance policy, the insured submits a claim to the insurer for processing by a claims adjuster . The insurer may hedge its own risk by taking out reinsurance
