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What is Insurance?

by Christie Phoenix Web Master 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.

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Christie Phoenix Web Master

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Ready to launch your boat for the season? Call Tara for a quote. #boating #insurance #sailing 2 months ago . Reply . Retweet . Favorite
RT @CountryGrocer: It's all about fun today and great deals at our giant one day sale! Thanks for coming out Daisy from @Island_Farms http… 2 months ago . Reply . Retweet . Favorite
We are open today 10-4. Come in to insure your motorcycle for the summer 2 months ago . Reply . Retweet . Favorite
Closed today and Monday for Easter. Open on Saturday 10-4 2 months ago . Reply . Retweet . Favorite
Travelling ? Get your rental vehicle insurance. https://t.co/WXKIldOYfN 2 months ago . Reply . Retweet . Favorite
RT @icbc: Think insurance fraud is victimless? Guess again - when people inflate their injuries, we all pay. https://t.co/F0x6XgzOdb #Fraud… 3 months ago . Reply . Retweet . Favorite
RT @icbc: Can’t bear to be away from the outdoors? Bring the parks with you with new #BCParksPlates from your Autoplan broker. https://t.co… 3 months ago . Reply . Retweet . Favorite
VICTORIA OFFICE

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Monday - Friday
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Saturday
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Saturday
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Sunday & Holidays
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