risk-sharing

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Groups of depositors in front of the closed American Union Bank, New York City. April 26, 1932. Great Depression run on bank crowd

Causes of the Great Depression

Rural Irish landscape, Sligo, Ireland.

Why Is Ireland Two Countries?

African Americans demonstrating for voting rights in front of the White House as police and others watch, March 12, 1965. One sign reads, "We demand the right to vote everywhere." Voting Rights Act, civil rights.

Timeline of the American Civil Rights Movement

Ahura Mazda - relief of the Zoroastrian god Ahura Mazda at the ancient ruins of Persepolis in Iran. Also known as Ormazd Zoroastrianism,

Which Religion Is the Oldest?

New Zealand. Political/Physical map. Includes locator.

Where Is “Old Zealand”?

Marriage. A couple getting married during a church wedding ceremony. (religion, ceremony, bride, groom)

The Seven Sacraments of the Roman Catholic church

King Cobra snake in Malaysia. (reptile)

9 of the World’s Deadliest Snakes

risk-sharing

insurance

Learn about this topic in these articles:

basis of contingent annuity

In annuity
The risk-sharing principle makes it possible to purchase an annuity that guarantees much higher payments than could be obtained if the same sum of money were invested at interest. It has the disadvantage that upon the death of the annuitant, nothing is left for their heirs.
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