Insurance

Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.

An entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter. A person or entity who buys insurance is known as an insured or as a policyholder. The insurance 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 the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms, and usually involves something in which the insured has an insurable interest established by ownership, possession, or pre-existing relationship.

The 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, whereby another insurance company agrees to carry some of the risk, especially if the primary insurer deems the risk too large for it to carry.

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Scholarships for Insurance Majors

Bullet name award deadline Link
 

Siebel Scholars Program

Siebel Scholars Foundation

$35,000 Varies See Details

Description

The Siebel Scholars Program is open to the most talented students at the world's leading graduate schools of business, computer science, bioengineering, and energy science.

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Siebel Scholars Program

Siebel Scholars Foundation

award

$35,000

deadline

Varies
See Details

Description

The Siebel Scholars Program is open to the most talented students at the world's leading graduate schools of business, computer science, bioengineering, and energy science.

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Boyer Fellowship

University of Arkansas

$20,500 February 01, 2026 See Details

Description

The Boyer Fellowship is available to incoming freshmen who plan on majoring in the Walton College of Business at the University of Arkansas. You must be an Arkansas high school graduate, demonstrate financial need, have a minimum 3.8 GPA and an ACT/SAT score of at least 32/1400 to qualify for this award.

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Boyer Fellowship

University of Arkansas

award

$20,500

deadline

February 01, 2026
See Details

Description

The Boyer Fellowship is available to incoming freshmen who plan on majoring in the Walton College of Business at the University of Arkansas. You must be an Arkansas high school graduate, demonstrate financial need, have a minimum 3.8 GPA and an ACT/SAT score of at least 32/1400 to qualify for this award.

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Huizenga Business Innovation Academy Scholarship

Nova Southeastern University

$20,000 Varies See Details

Description

The Huizenga Business Innovation Academy Scholarship is available to students at Nova Southeastern University who are interested in earning a bachelor's and master's degree in business in four years. To be eligible for this award, you must hae employment or internship experience and have been a member of a local/national student business club...

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Huizenga Business Innovation Academy Scholarship

Nova Southeastern University

award

$20,000

deadline

Varies
See Details

Description

The Huizenga Business Innovation Academy Scholarship is available to students at Nova Southeastern University who are interested in earning a bachelor's and master's degree in business in four years. To be eligible for this award, you must hae employment or internship experience and have been a member of a local/national student business club...

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Zonta Women in Business Leadership Award

Zonta International Foundation

$10,000 Varies See Details

Description

The Zonta Women in Business Leadership Award is available to female students 18-35 years of age who demonstrate exceptional leadership in a business-related field of study or industry, and entrepreneurial spirit, ethical conduct, and have made significant contributions to addressing global or local issues affecting women and girls or climate...

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Zonta Women in Business Leadership Award

Zonta International Foundation

award

$10,000

deadline

Varies
See Details

Description

The Zonta Women in Business Leadership Award is available to female students 18-35 years of age who demonstrate exceptional leadership in a business-related field of study or industry, and entrepreneurial spirit, ethical conduct, and have made significant contributions to addressing global or local issues affecting women and girls or climate...

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Women in Business - Miss America Pageant

Miss America Pageant

Up to $10,000 Varies See Details

Description

The Women in Business Scholarship is available to women who are contestants at the state level in the Miss America competition. Selection is based on accomplishments in the area of business and social impact.

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Women in Business - Miss America Pageant

Miss America Pageant

award

Up to $10,000

deadline

Varies
See Details

Description

The Women in Business Scholarship is available to women who are contestants at the state level in the Miss America competition. Selection is based on accomplishments in the area of business and social impact.

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3M Business Development Fellowship

University of Minnesota, Carlson School of Management

$10,000 Varies See Details

Description

The 3M Business Development Fellowship is open to domestic MBA students at the University of Minnesota, Carlson School of Management. You must have a science, technology, and/ or engineering background and wish to participate in the Carlson Ventures Enterprise to qualify for this award.

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3M Business Development Fellowship

University of Minnesota, Carlson School of Management

award

$10,000

deadline

Varies
See Details

Description

The 3M Business Development Fellowship is open to domestic MBA students at the University of Minnesota, Carlson School of Management. You must have a science, technology, and/ or engineering background and wish to participate in the Carlson Ventures Enterprise to qualify for this award.

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Philip Breitman Memorial Scholarship

University of Wisconsin, Eau Claire - College of Business

$8,900 Varies See Details

Description

The Philip Breitman Memorial Scholarship is open to junior and senior business students at the University of Wisconsin, Eau Claire. You must display talent and good citizenship, as well as be able to demonstrate financial need to be considered for this award of one year of academic fees.

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Philip Breitman Memorial Scholarship

University of Wisconsin, Eau Claire - College of Business

award

$8,900

deadline

Varies
See Details

Description

The Philip Breitman Memorial Scholarship is open to junior and senior business students at the University of Wisconsin, Eau Claire. You must display talent and good citizenship, as well as be able to demonstrate financial need to be considered for this award of one year of academic fees.

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Honors Scholarship - Bethel College, Kansas

Bethel College - Kansas

$7,500 Varies See Details

Description

The Honors Scholarship is available to incoming freshman students at Bethel College, Kansas, who demonstrate outstanding ability in chemistry, history, psychology, business, or art.

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Honors Scholarship - Bethel College, Kansas

Bethel College - Kansas

award

$7,500

deadline

Varies
See Details

Description

The Honors Scholarship is available to incoming freshman students at Bethel College, Kansas, who demonstrate outstanding ability in chemistry, history, psychology, business, or art.

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Duane and Susan Ottenstroer Undergraduate Scholarship

University of Minnesota, Twin Cities

$7,500 May 01, 2026 See Details

Description

The Duane and Susan Ottenstroer Undergraduate Scholarship is available to undergraduate students at the University of Minnesota Twin Cities-College of Management. To be considered for this award, you must demonstrate strong academic performance and financial need.

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Duane and Susan Ottenstroer Undergraduate Scholarship

University of Minnesota, Twin Cities

award

$7,500

deadline

May 01, 2026
See Details

Description

The Duane and Susan Ottenstroer Undergraduate Scholarship is available to undergraduate students at the University of Minnesota Twin Cities-College of Management. To be considered for this award, you must demonstrate strong academic performance and financial need.

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Business Information Technology Advantage Scholarship - University of Montana, Montana Tech

University of Montana at Montana Tech

$6,700 Varies See Details

Description

The Business Information Technology Advantage Scholarship is open to new students at the University of Montana, Montana Tech. You must be a non-resident and be majoring in business information technology to be eligible for this award.

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Business Information Technology Advantage Scholarship - University of Montana, Montana Tech

University of Montana at Montana Tech

award

$6,700

deadline

Varies
See Details

Description

The Business Information Technology Advantage Scholarship is open to new students at the University of Montana, Montana Tech. You must be a non-resident and be majoring in business information technology to be eligible for this award.

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