More About Wilkinson Insurance

Insurance is a way of protection against financial loss. It is also a type of financial risk management, mainly used to offset the threat of an uncertain or contingent gain. The main aim of insurance is to provide compensation to the insured for the risks undertaken by him in behalf of the insurer. Insurance companies are usually governed by the Insured Financial Products Regulations, which set the rules and regulations for providing insurance. This body was created by the Financial Services Authority, as part of the FSA (Financial Services Authority) Act 2000. Insurance companies must register with the FSA and comply with its rules and regulation before being able to offer insurance products. Checkout Wilkinson Insurance for more info. Marine insurance and yacht insurance are two main categories of insurance, although there are other specialized categories of insurances. Insurance for vessels […]