Health & Renter's Insurance : How Does an Insurance Company Work?

An insurance company takes a large group of people, has them pay a small amount of premiums and then pays out a few claims with the premiums they receive. Discover how an insurance company makes money by having more premiums than claims with help from an insurance representative in this free video on health insurance.

Expert: John Pinelli
Bio: John Pinelli is a financial representative.
Filmmaker: Bing Hugh

Series Description: Health insurance helps to pay for medical procedures through premiums that are paid by groups or individuals to protect against high or unexpected health care expenses. Learn about health insurance and renter's insurance, and why they're important, with help from an insurance representative in this free video series on insurance and personal finance.

Category:

Howto & Style

Tags:

• health insurance
• renter's insurance
• health care
• insurance
• medical expenses
• medical costs
• financial planning
• money management
• personal finance
• financial advice
• HMO
• PPO
• insurance companies
• insurance rat