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mila was so excited to finally have a full time job again after a period of sporadic part time work. she was most excited about her new medical insurance, 401(k) retirement plan and the fact that the company will pay for a portion of her child care expenses. these are examples of:

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Mila was so excited to finally have a full-time job again after a period of sporadic part-time work. she was most excited about her new medical insurance, 401(k) retirement plan, and the fact that the company will pay for a portion of her childcare expenses. these are examples of benefits.

Insurance is a way of protection from financial loss wherein, in trade for a rate, a celebration is of the same opinion to compensate any other celebration within the event of a certain loss, harm, or harm. it is a form of risk control, in the main used to hedge towards the danger of a contingent or unsure loss.

An entity that offers the coverage is referred to as an insurer, insurance corporation, coverage provider, or underwriter. a person or entity who buys coverage is called a policyholder, even as a person or entity covered underneath the coverage is called an insured. The coverage transaction includes the policyholder assuming a guaranteed, recognized, and a comparatively small loss in the shape of a fee to the insurer (a premium) in change for the insurer's promise to compensate the insured within the event of a protected loss. The loss can also or won't be financial, however, it needs to be reducible to monetary phrases. furthermore, it commonly includes something wherein the insured has an insurable hobby mounted through ownership, possession, or pre-existing dating.

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