Teknokrat - The definition of insurance when viewed from the origin of the word, namely from the English word insurance, then the definition of insurance is coverage. According to the Big Indonesian Dictionary, the definition of insurance is the coverage or agreement between two parties.

https://www.teknokrat.co - The first party is obliged to pay contributions, while the second party is obliged to provide full guarantees to the contributors if something happens to themselves or the property of the first party in accordance with the agreement made.

Based on this definition of insurance, there are many things that can be insured. Starting from goods and services, human health, legal responsibility, life, and other interests that can be lost, damaged, lost, or reduced in value.