HomeDefinitionsCompareDebt Insurance principleThe financial definition for Insurance principle:The law of averages. The average outcome for many independent trials of an experiment will approach the expected value of the experiment. Similar MatchesAnnual renewable term insuranceAnnual renewable term insuranceSee: Term insurance. Bank Insurance Fund (BIF)Bank Insurance Fund (BIF)A unit of the Federal Deposit Insurance Corporation (FDIC) that provides Federal Deposit Insurance Corporation (FDIC) for banks excluding Federal Deposit Insurance Corporation (FDIC). Casualty insuranceCasualty insuranceInsurance protecting a firm or homeowner against loss of property, damage, and other liabilities. Further SuggestionsCredit insuranceDeposit insurance Disability income insurance Federal Deposit Insurance Corporation (FDIC) Financial guarantee insurance Foreign Credit Insurance Association (FCIA) Group insurance Click to compare definitions of Insurance principle Click to view definitions beginning in |