2025 Author: Howard Calhoun | [email protected]. Last modified: 2025-01-24 13:10
Bordereau in insurance is a documented list of contracts provided to the reinsurer outlining the main conditions. Usually, the policyholder, the object of insurance and its location, the term of the transaction, the amount and the premium are indicated.
Definition
As mentioned above, a bordereau in insurance is a documented list of insurance contracts. By their nature, they are divided into preliminary and final. The first type is sent according to the contract being concluded, and the second - regarding the insurance contract, according to which negotiations are completed and the policy is issued.
Bordereau is sent within the time specified in the document (for example, once a week). In addition, the reinsurers at a certain time send the reinsurers a loss contract, in which they provide information about insured events and expenses from them.
List of risks in insurance
The list of risks is the amount of liability under the insurance contract, which is expressed using the sum insured. All this is written in the border. In insurance, this is important, as the parties begin to understand the level of their responsibility and do everything necessary to protect their interests.
There are different classifications of risks based on their characteristics. By type of danger: man-made, natural; by the nature of the activity: financial, political, professional, transport, environmental. For objects to which risks are directed: damage to human life, property, civil liability.
So, in insurance, a bordereau is a documented list of insurance contracts that are subject to reinsurance, with a definition of the main conditions, sent to the reinsurer. And the list of risks included in it depends on the characteristics of their occurrence.
Recommended:
Life and he alth insurance. Voluntary life and he alth insurance. Compulsory life and he alth insurance
To insure the life and he alth of citizens of the Russian Federation, the state allocates multi-billion sums. But far from all of this money is being used for its intended purpose. This is due to the fact that people are not aware of their rights in financial, pension and insurance matters
Builder insurance: list of insurance companies. Developer civil liability insurance under 214-FZ
Since 2014, developers of multi-apartment complexes have been obliged to insure their civil liability to buyers (that is, to equity holders). True, with some reservations: construction projects must comply with the norms of the FZ-214 law, and permission to conduct construction work was received no earlier than 2014. Let's try to figure it out
Car insurance without life insurance. Compulsory car insurance
OSAGO - compulsory third party liability insurance for vehicle owners. It is possible to issue OSAGO today only with the purchase of additional insurance. But what if you need car insurance without life or property insurance?
Insurance: essence, functions, forms, concept of insurance and types of insurance. The concept and types of social insurance
Today, insurance plays an important role in all spheres of life of citizens. The concept, essence, types of such relations are diverse, since the conditions and content of the contract directly depend on its object and parties
Insurance underwriting is all about risk management for a profitable insurance portfolio. Essential terms of the insurance contract
Insurance underwriting is primarily a service provided by financial institutions like banks and insurance companies. They guarantee the receipt of payments in the event of certain financial losses