Teknokrat – Understanding of Insurance and its Benefits

Teknokrat – The understanding of insurance when viewed from the origin of his words, namely from the English language insurance, therefore the understanding of insurance is coverage. According to the Big Indonesian Dictionary, the understanding of insurance is the coverage or agreement between 2 factions.

Teknokrat – The first faction is obliged to pay levies, while the 2nd faction is obliged to provide collateral in its entirety to the levy payer if something happens to happen or things belong to the faction for the first time according to the agreement made.

Teknokrat – Based on this understanding of insurance, there are several things that can be insured. Starting from objects and services, human health, legal responsibilities, souls, and other needs that can disappear, destroy, lose or diminish in value.