Something about insurance

The variety of insurance, insurance agents, forms of insurance leads to the need for their management. To solve this issue could be through the classification, which is a way to streamline the components of a system, and identification of their reporting arrangements.
So far in the theory of insurance and regulations governing this area, not a single approach to the classification, but the starting criterion in all cases are subject to insurance. It is the differences in facilities to allow the insurance industry.

The Federal Law «On the organization of insurance business in the Russian Federation» states that the object of insurance may not be contrary to the laws of any property interest. Property interest arises from the owner of property in connection with fears for his safety or the person in connection with the desire to at least to some extent compensate for the risks to a certain level of wealth, life, health, disability himself or his loved ones. Property of interest arises, therefore, with respect to a particular subject of insurance (property, life, health, welfare). And some of the insurance has real value, while others - not. From this point of view of the Civil Code provides two branches of insurance: property and personal insurance.

Personal insurance is the insurance of property interests of individuals associated with the level of their lives and intangible property, namely:
- Life, health, disabled people;
- Income (additional cost) which determine the level (quality) of life.