Insurance companies make money in two ways, first, by taking insurance premiums and gambling that nothing will happen, and second, by investing insurance premiums. Learn more about how insurance companies invest premiums in the stock market and gold to make money, with tips from an insurance agent in this free video on insurance.
Expert: Vic Schumacher
Contact: www.HPEFinancialServices.com
Bio: Vic Schumacher is part of HPE Financial Services, a brokerage insurance company representing all major carriers.
Filmmaker: Christopher Rokosz
gambling that something will not happen?
can someone rephrase that please? Where does the company gamble? Does he mean the company invest in high volatile market?
stockshunter 3 years ago