Insurance
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.
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 |
|---|---|---|
| NRF Next Generation Scholarship | Up to $25,000 | September 09, 2018 |
| BMO Capital Markets Lime Connect Equity Through Education Scholarship | $10,000 | September 30, 2018 |
| Meramec Business Administration Achievement Scholarship | $5,000 | September 05, 2018 |
| AICPA John L. Carey Scholarship | $5,000 | May 01, 2019 |
| William G. Rohrer Scholarship | Up to $8,000 | December 23, 2018 |
| CREW Chicago Scholarship | Up to $3,000 | October 31, 2018 |
| Byron Hanke Fellowship | Up to $5,000 | May 01, 2019 |
| Phyllis Combs Leet Scholarship | $2,900 | May 01, 2019 |
| Kenneth W. Heikes Family Endowed Scholarship | $2,500 | February 01, 2019 |
| Small Business Scholarship | $2,500 | October 19, 2018 |
Insurance Related Majors
- Business Administration and Management
- Accounting
- Business/Commerce
- Finance
- Marketing/Marketing Management
- Management Information Systems
- Human Resources Management/Personnel Administration
- International Business/Trade/Commerce
- Hospitality Administration/Management
- Accounting Technician and Bookkeeper
- Administrative Assistant and Secretarial Science
- Fashion Merchandising
- Organizational Behavior Studies
- Business/Managerial Economics
- Office Management and Supervision
- Operations Management and Supervision
- Accounting and Business/Management
- Management Science
- Hotel/Motel Administration/Management
- Logistics and Materials Management
