Space Satellite Insurance

Examined in terms of costs, coverage, risks, underwriters, politics, Chinese launches, premium reductions and the future.

Companies and individuals purchase insurance in order to protect remedy from risk. Insurance does not prevent accidents or restore the status quo, but it does provide the resources with which companies can recover losses suffered when damage occurs. Insurance policies are now routinely taken out to protect companies against property loss, suits by disgruntled employees and suits from customers. In all cases, the higher the perceived risk, the more the insurance underwriter charges in premiums. This research examines one industry, space satellites, and the particular issues and problems that confront customers and providers of satellite insurance.

Insurance is a successful business because it allows insured parties to pool the risk ..

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Space Satellite Insurance. (2015, Apr 23). Retrieved December 5, 2019, from
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