Search

Bookmark and Share

What is Insurance?

by host on Monday, February 14, 2011 8:19 AM
Insurance is a mechanism for spreading risk, for sharing the
losses of the few among the many. It allows the policyholder
to substitute a small, defined expenditure (the premium) for a
large, but uncertain, future loss. Policyholders who escape
losses help to compensate those who are directly and
adversely affected by loss.

RT @icbc: Wow, 81 tickets in 2 hours! #CRD drivers who couldn't take a break from their phone are down $368! https://t.co/z4z6bX45vr #EyesF… 2 days ago . Reply . Retweet . Favorite
ICBC says increasing stress, decreasing patience means road rage incidents on the rise https://t.co/LRsJGFNlHQ 11 days ago . Reply . Retweet . Favorite
RT @DiscoveryIns1: Do you loan your car to your friends, This is what you need to know.... @icbc @DiscoveryIns1 https://t.co/aUnrJievQ5 about a month ago . Reply . Retweet . Favorite
Help fill a container on Monday and Tuesday #disaster aid #wildfires #do the right thing #help others https://t.co/tVngXkZBhG about a month ago . Reply . Retweet . Favorite
RT @icbc: If you're buying a used vehicle without its registration papers - here's what you'll need to do: https://t.co/i6yy8syGRd #icbcFAQ… about a month ago . Reply . Retweet . Favorite
ICBC’s tips to help drivers cope with B.C.’s next heat wave https://t.co/IBQGKl6ZnF 2 months ago . Reply . Retweet . Favorite
Do you tow a Recreational Trailer?#housetrailer #trailer size https://t.co/CGCnEIrzCa 2 months ago . Reply . Retweet . Favorite
RT @icbc: Have you weighed your recreational trailer when it's loaded? You should. Here's why: https://t.co/IRuJZDxssc https://t.co/NCyInSi… 2 months ago . Reply . Retweet . Favorite
VICTORIA OFFICE

Hours of Operation

Monday - Friday
8:00am - 5:30pm

Saturday
10:00am - 4:00pm

Sunday & Holidays
Closed


VANCOUVER OFFICE

Hours of Operation

Monday - Friday
8:00am - 5:30pm

Saturday
Closed

Sunday & Holidays
Closed