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Jobs/Vacancies / CPN Recruitment by patricklaw: 11:19am On Oct 18, 2018
Computer Professionals (Registration Council of Nigeria) [CPN], the apex regulatory body of Information Technology (IT) education and practice in Nigeria, established by Act No. 49 of 1993 is inviting applications from suitably qualified candidates to fill existing vacancies in the following positions:-

Job Title: Chief Programmer/System Analyst (CONRAISS 12)

Job Location: Abuja

Requirements

Applicants must possess HND/B.Sc Computer Science/Computer Engineering or other IT related course,
CPN Membership,
Relevant professional certifications,
Minimum of 10 Years cognate work experience
Job Title: Programmer/System Analyst (CONRAISS 08)

Job Location: Abuja

Requirements

Applicants must possess HND/B.Sc Computer Science/Computer Engineering or other IT related course,
CPN Membership, and any relevant professional certification
OTHER AVAILABLE JOBS
U.S. Mission Recruitment In Nigeria 2018 | How To Successfully Apply
UNICEF NETI Recruitment for Young Professionals | October 2018
7Up Bottling Company Plc Recruitment For Graduate Sales Executives
Vacancy At MasterCard For Senior Managing Consultant – West Africa Anglo | Lagos
Benue State University Recruitment | Makurdi – See Application Details Here
Job Title: Chief Finance and Administrative Officer (CONRAISS 12)

Job Location: Abuja

Requirements

Applicants must possess HND/B.Sc Accounting,
ICAN/ANAN or its equivalent,
Minimum of 10 Years cognate work experience
Job Title: Chief Legal Officer (Chief Counsel) (CONRAISS 12)

Job Location: Abuja

Requirements

Applicants must possess LL.B in Law,
Minimum of 10 Years post call to bar cognate work experience
Job Title: Administrative Officer II (CONRAISS 7)

Job Location: Abuja

Requirements

Applicants must possess HND/B.Sc in any of the Social Sciences courses
Conditions of Service and Remuneration

The conditions of service and remuneration are the same as obtainable in the Federal Civil Service of Nigeria.

See application details here..>>>https://www.infomaza.com/cpn-recruitment

Celebrities / 18+ Video Of Ghanaian Actress Causes Fuss Online | See Details Here by patricklaw: 11:42pm On Oct 16, 2018
An adult video involving an upcoming Ghanaian actress has reportedly surfaced on the internet and it is fast going viral.

According to reports, the supposed actress was seen being 'hammered' by man whose face did not show.

Though the report failed to confirm the true identity of the actress, it stated that rumours on social media indicated that the said actress could be one an upcoming actress called Sitsofe Tsikor.


See details here..>>>https://www.infomaza.com/18-video-ghanaian-actress
Sports / Top 10 Highest Paid Footballers In The World Today - See Details Here by patricklaw: 11:29pm On Oct 16, 2018
The average weekly wage for a footballer in the English Premier League was approximately £50,000 based on a 2017 study.

However, that pales in comparison to what these 5 mega-stars earn. A few key factors have changed the financial landscape of football in recent years. Certain clubs have been sold to extremely wealthy new owners, allowing them to invest heavily in transfer fees and wages.

Chinese clubs have been able to lure some of the finest footballers with massive funds being pumped into their league and the English Premier League (EPL) clubs have generated massive revenues as a result of their lucrative broadcasting deals.

Here we take a look at the 5 footballers who have experienced the greatest financial gain.

#10 | Angel Di Maria (PSG) - $22.6
Salary & Bonus: $20.6 million
Endorsements: $2 million
Angel Di Maria left Manchester United in 2015 to sign a 4-year contract with the Paris giants. He has since proven himself as an important member of the team. The Olympic gold medalist currently earns $20.6m with the Paris Saint-German, having won ten trophies since his debut against Monaco in August 2015.

#9 | Sergio Aguero (Manchester City) - $23m
Yearly Wages & Bonuses: $17 Million
Endorsement: $6 Million
Aguero has been phenomenal to Manchester City’s rise to elite football in Europe. He has consistently delivered for the Cityzen’s since his arrival from Atletico Madrid in 2011.

The Argentine forward has already eclipsed the 200 goal mark for the English Champions. Aguero signed an improved $17m yearly contract in January 2017.

#8 | Luis Suarez (Barcelona) - $26.9m
Yearly Wages & Bonuses: $19.9 Million
Endorsement: $7 Million
Luis Suarez has been a pivotal member of the Barcelona’s team since his $96m move from Liverpool in 2014. The Uruguayan striker signed a contract extension worth $20m in December 2016, to extend his stay at Camp Nou till 2021.

Suarez’s major partnership comes from Puma, a deal that gives him £1m every year.

#7 | Wayne Rooney (DC United) - $27m


Yearly Wages & Bonuses: $22 Million
Endorsement: $5 Million
Wayne Rooney returned to his boyhood club, Everton after an incredible 13-year career at Manchester United. The English football star had signed a $193,000 weekly deal by accepting a fifty per cent pay cut in a bid to move to Merseyside Blue in 2017.

The 32-year-old striker in 2018, signed a three and half year deal with the MLS side, DC United in an undisclosed fee. Most of Rooney’s endorsement earnings comes from Nike, Samsung, EA Sports and HarperCollins.

#6 | Oscar dos Santos Emboaba Júnior (Shanghai SIPG) - $27.4m


Yearly Wages & Bonuses: $25.9 Million
Endorsement: $1.5 Million
At the prime of his career, Oscar left Chelsea in a £60m deal to sign for Chinese side, Shanghai SIPG in 2016. The Brazilian forward pockets $515,000 weekly making him the highest earning player in the Chinese Super League. Oscar’s move to the little rising league in China has alienated him in Brazil’s national team.

#5 | Paul Pogba (Manchester United) - $29.5


Yearly Wages & Bonuses: $25 Million
Endorsement: $4.5 Million
Popularly known for the stylish hairstyles, Pogba returned to Old Trafford as Manchester United’s record signing in 2016, having left Juventus to United in a $120m deal. He has since helped the Red Devils to the FA Cup and the Europa League title in 2017.

The French Midfielder currently earns $20m per every year, with annual bonuses increasing his take-home pay to $25m. Pogba’s major sponsorship deal is from Adidas as he is currently tied in a 10-year contract worth over $40m with the sportswear manufacturing company.

See details here...>>>https://www.infomaza.com/highest-paid-footballers
Sports / The Saudi Arabian Billionaire Who Wants To Buy Man United by patricklaw: 10:19pm On Oct 16, 2018
Overview

Born on 31 August 1985, known colloquially as MBS, Mohammad Bin Salman is the Crown Prince of Saudi Arabia, also serving as First Deputy Prime Minister, President of the Council for Economic and Development Affairs and Minister of Defense—the world's youngest office holder at the time.

He has been described as the power behind the throne of his father, King Salman, who suffers from Alzheimer's disease. He was appointed Crown Prince in June 2017 following his father's decision to remove Muhammad bin Nayef from all positions, making Mohammed bin Salman heir apparent to the throne.

Though Saudi Arabia sees its neighbour the UAE as being junior to itself, the Saudi Crown Prince is seen as being under the influence of Mohammed bin Zayed Al Nahyan, who is the Crown Prince of the Emirate of Abu Dhabi and de facto leader of the UAE.
The 32-year-old crown prince is a polarizing figure who has captured the financial world's attention.

First in line to succeed his father, King Salman bin Abdulaziz, he is spearheading Saudi Arabia's economic transformation plan and has overseen an invasion of Yemen, a blockade of Qatar and a domestic crackdown on graft that has swept up high-profile royals.

Interest in Manchester United
Prince Mohammad Bin Salman is interested in buying Manchester United - The 33-year-old Saudi Arabian billionaire is worth £850 billion - But it is not yet clear if the Glazers' family would want to sell the Red Devils Premier League giants Manchester United have reportedly emerged as a target for Saudi Arabian billionaire Mohammad Bin Salman who wants to buy the club.

According to the report by UK Sun, the crown prince of Saudi Arabia, Mohammad Salman is worth around £850bn. The report added that he is ready to sanction a bid by an individual or a move backed by the money of the oil-rich state to take a stake in United or ideally to buy the club outright.

See full details here...>>>https://www.infomaza.com/saudi-arabian-billionaire-wants-buy-man-united
Celebrities / John Dumelo Welcomes His Bouncing Baby Boy With Style (photos) by patricklaw: 9:57pm On Oct 16, 2018
John Dumelo Welcomes His Bouncing Baby Boy With Style (Photos)

Children are very important addition to any family as it cements the love between couples and also makes them a better version of themselves seeing as they now have a child that would look up to them.

When a child is born into a family, parents usually cannot contain their joy as they make a silent resolution that their little one would never regret coming to the world. Talented Ghanaian actor, John Dumelo, is full of joy as his wife, Gift Nkornu, recently gave birth to their first child.

The excited star took to his Instagram page to reveal the news as he also penned a touching note dedicated to his son. In his post, he encouraged his son to never be fearful of his dreams among other things.

He wrote:

“John Jnr I’m glad you have finally arrived. It’s been months, weeks, days and hours of waiting.....You look just like we imagined. Infectious smile, bright eyes, curly hair and chocolate skin. “Before I get all emotional and write a whole book, lemme let you have these few words to guide you.

“You can do anything you want and be whoever you want to be just like how my dad allowed me to explore.... “Never give up. Always aspire to be better and do better than before. “Be a beacon of kindness and truth in this world.

See photos here...>>>https://www.infomaza.com/john-dumelo-welcomes-his-bouncing-baby
Politics / Why David Umahi Criticised Peter Obi’s Nomination As Atiku’s Running Mate by patricklaw: 9:20pm On Oct 16, 2018
Ebonyi state governor David Umahi is against the nomination of Peter Obi because he disliked the process leading to his selection

He said it is not right for people of other region to take decisions that concern the south-east without the input of the people there

The governor also expressed displeasure at the ‘imbalance’ in the initial five-member shortlist of persons being considered for the VP slot

Governor David Umahi of Ebonyi state on Tuesday, October 16, has revealed his reason for criticising the choice of Peter Obi as the running mate to the presidential candidate of Peoples Democratic Party (PDP), Alhaji Atiku Abubakar.

He said while he is not against the choice of former governor Peter Obi as the running mate to Atiku or his competence for that matter, he disliked the process leading to his (Obi) selection.

He said this in an interview with journalists in Abakaliki, the state capital, Premium Times reports.
He questioned”how people from other regions will meet and take decisions that concern the south-east without the input of a single person from the region. “We have never said that we are against Peter Obi; but what we have said is that, if six people can come together from five other regions and look at recommendations for the South-east and no South-east person is there, that is not good for us.


See details here...>>>https://www.infomaza.com/ebonyi-state-governor-criticised-peter-obis-nomination
Jobs/Vacancies / UNICEF NETI Recruitment For Young Professionals | October 2018 by patricklaw: 10:14pm On Oct 15, 2018
UNICEF NETI Recruitment for Young Professionals | October 2018
UNICEF NETI Recruitment for Young Professionals | October 2018

The New and Emerging Talent Initiative (NETI) is an entry point for dynamic professionals interested in an international career with UNICEF. As part of UNICEF’s global talent management strategy, the NETI Programme focuses on attracting, selecting, developing and retaining experienced professionals at mid-career level. NETI participants work actively in multicultural environments within the development and humanitarian arenas to contribute to delivering results for children.

Programme Structure
The New and Emerging Talent Initiative (NETI) is a two-year career support programme for high-caliber candidates who have successfully passed the NETI recruitment process and have been selected for a regular P-3 fixed-term position.*

The NETI programme features many unique components, such as a two-week Orientation in NYHQ, mentoring, external coaching and peer support. Once onboard, NETIs are mentored by seasoned and knowledgeable UNICEF staff members who can help them become organizationally savvy. An external coach will also support NETIs in their career development by guiding them to improve their personal and professional skills  in order to  maximize their performance. NETIs are part of a robust and vibrant community, with features such as a NETI Buddy programme, which connects NETIs from different cohorts, and NETINARs that foster knowledge exchange among NETIs.

Performance management is a key feature of the NETI Programme. All participants go through continuous performance assessments and are evaluated systematically throughout their assignments. At the end of their first year and based on performance review outcomes, NETI participants can be extended for a second year in their specific duty stations.

What Does NETI Offer?
NETI participants have the opportunity to undertake a unique learning and career development path, including a two-week orientation at UNICEF’s New York Headquarters (NYHQ). As part of the orientation, participants attend learning sessions and workshops that are designed to help them acclimate to their new roles and increase their familiarity with the processes of the organization. During the orientation, NETI participants get an overview of the organization’s strategies, initiatives and challenges. Participants will also have networking opportunities with NETI fellows around the globe and New York Headquarters’ staff.

Coaching, Mentoring & Support
NETI participants receive dedicated support for their career development throughout their appointments through the mentoring and external coaching components, which help develop their personal and professional skills and maximize their performance. Additional support is provided by each participant’s respective supervisor in his/her assigned duty station.


See details here...>>>https://www.infomaza.com/unicef-neti-recruitment-young-professionals
Jobs/Vacancies / 7up Bottling Company Plc Recruitment by patricklaw: 9:53pm On Oct 15, 2018
Seven-Up Bottling Company Plc, an active player in the Nigerian economy, with a strong presence in the non-alcoholic beverage sector, provides challenging, exciting and refreshing opportunities for hardworking and result-oriented individuals who can demonstrate that the passion to excel is present.

We are recruiting to fill the position below:

Job Title: Sales Executive

Locations: Abuja, Enugu, Lagos

Requirements

Min 2-4 years Sales experience.
Responsible for secondary sales of all products in assigned location.
Prepare route plans for assigned areas and manage assigned customer’s accounts.
Min HND/ B.Sc in Marketing or related field.
Currently working in a food/ beverage Industry

See details here...>>>https://www.infomaza.com/7up-bottling-company-plc-recruitment
Jobs/Vacancies / First Bank Of Nigeria Recruitment For Graduate Cluster Control Officers by patricklaw: 9:44pm On Oct 15, 2018
First Bank of Nigeria Limited (FirstBank) is Nigeria’s largest financial services institution by total assets and gross earnings. With more than 10 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone and FBNBank Senegal, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi.

We are recruiting to fill the vacant position below:

Job Title: Cluster Control Officer

Ref Id: 18000027

Location: Makurdi, Benue

Organization: Chief Financial Officer Directorate

Job: FBN GEN. Job Family

Schedule: Regular

Shift: Standard

Job Type: Full-time


Job Title: Cluster Control Officer

Ref Id: 18000026

Location: Jos, Plateau

Organization: Chief Financial Officer Directorate

Job: FBN GEN. Job Family

Schedule: Regular

Shift: Standard

Job Type: Full-time

Description

As part of the Bank’s Information Security requirements, maintain the security of all Information entrusted to the staff and comply with the principles and policies in the Information Security Handbook

Assist in carrying out maiden visit to new branch to assess the control environment and other equipment for physical control.
Conduct investigations into fraudulent activities, unusual incident and other activities under the supervision of the Cluster Control Manager or senior Cluster Control officer.

See details here...>>>https://www.infomaza.com/first-bank-nigeria-recruitment-graduate-cluster-control-officers
Education / Holland Government Scholarship At Rotterdam School Of Management | 2019/20 by patricklaw: 2:17pm On Oct 15, 2018
Holland Government Scholarship at Rotterdam School of Management | 2019/20

The Holland Scholarship is financed by the Dutch Ministry of Education, Culture and Science as well as Rotterdam School of Management, Erasmus University. This scholarship is meant for international students from outside the European Economic Area (EEA) who want to start their bachelor’s or master’s at RSM.

Requirements:
Your nationality is non-EEA;
You are a prospective student, starting your studies in the academic year 2019/2020;
You are applying for a full-time bachelor’s or master’s programme at RSM;
You meet the specific requirements of the programme you are applying for;
You do not have a degree from an educational institution in the Netherlands (excluding exchange programmes in the Netherlands).
In principle, a fair distribution of scholarships over the various programmes will take place. This principle may be deviated from and priority may be given to applicants for certain programmes. Additionally, the school may strive for a certain distribution over the continents.

Amount

The scholarship amounts to € 5,000 for maximum 12 months, one academic year;
You will receive this in the first year of your studies;
The scholarship amount will be paid separately in two instalments (November 2019 and February 2020) after you have paid the full tuition fee amount.

See details here...>>>https://www.infomaza.com/holland-government-scholarship
Jobs/Vacancies / Massive Recruitment In Lagos In A Multinational FMCG Company by patricklaw: 10:32am On Oct 08, 2018
First Excelsia Professional Services – Our client, a key distributor for multinational fast moving consumer goods, is recruiting to fill the position below:

Job Title: Van Sales Representative

Location: Lagos

Slot: 20 Openings

Responsibilities
Present, promote and sell products using solid arguments to existing and prospective customers

Perform cost-­benefit and needs analysis of existing/potential customers to meet their needs

Establish, develop and maintain positive business and customer relationships

Achieve agreed upon sales targets and outcomes within schedule

Analyze the territory/market’s potential, track sales and status reports

Supply management with reports on customer needs, problems, interests, competitive activities, and potential for new products and services.

Job Title: Field Sales Representative

Location: Lagos

Slot: 15 Openings

Responsibilities

Present, promote and sell products using solid arguments to existing and prospective customers

Perform cost-­benefit and needs analysis of existing/potential customers to meet their needs

Establish, develop and maintain positive business and customer relationships

Achieve agreed upon sales targets and outcomes within schedule

Analyze the territory/market’s potential, track sales and status reports

Supply management with reports on customer needs, problems, interests, competitive activities, and potential for new products and services.

For application details, visit...>>>http://www.infomaza.com/massive-recruitment-lagos-multinational-fmcg-company
Education / POLAC Interview Timetable For All States – 2018/19 | 6th Regular Course by patricklaw: 10:42pm On Oct 07, 2018
The management of the Nigerian Police Academy has announced the list of successful candidates in the Entrance Examination of the Sixth Regular Course of the Degree Programme of the Nigeria Police Academy Wudil, Kano held on 14th July, 2018.
They are to appear for interview before the Selection Board in six batches as categorized below:

Sunday 21st October, 2018 – Batch One
Akwa-lbom
Anambra
Bayelsa
Borno
Cross-River
Edo
Tuesday 23rd October, 2018 – Batch Two
Ekiti
Enugu
Imo
Jigawa
Kaduna
Kano

Thursday 25th October, 2018 – Batch Three
Kogi
Kwara
Nasarawa
Oyo
Plateau
Sokoto

Sunday 28th October, 2018 – Batch Four
Abia
Adamawa
Bauchi
Benue
Delta
Ebonyi
See full list here...>>>http://www.infomaza.com/polac-interview-date-states
Education / Nigerian Policae Academay Interview Requirements | 6th Regular Course by patricklaw: 10:19pm On Oct 07, 2018
The management of the Nigerian Police Academy has announced the list of successful candidates in the Entrance Examination of the Sixth Regular Course of the Degree Programme of the Nigeria Police Academy Wudil, Kano held on 14th July, 2018.

POLAC Interview Requirements.

Candidates who fail to report a day after reporting dates for their respective batch wilt not be allowed to attend the interview.

Candidates will first undergo screening exercises which involve credentials screening, medical tests and physical features among others.

Candidates must bring along the originals and photocopies of the following documents:

Academic certificates/statements of result and testimonials for primary and secondary schools (Junior and Senior).

Birth Certificate (preferable) or Declaration of Age.

Proof of Local Government of origin duly signed by the Chairman of the Local Government Attestation obtained from Police Officers from the same state of the rank of Chief Superintendent and above can be used in place of Certificate of Local Government of Origin.

In this case, the officer must indicate his
formation/unit, appointment, contact address, phone numbers and e-mail address. The officer must also affix his/her formation/unit stamp and sign

Original UTME result slip 2018

Police Academy acknowledgement and examination forms downloaded from the Internet and/or proof of purchase of the Application Form

To view the full requirement and also see the list of shortlisted candidates, click here...>>>http://www.infomaza.com/polac-interview-list
Education / UNN Postgraduate Admission List Is Out by patricklaw: 9:56pm On Oct 07, 2018
UNN Postgraduate Admission List Is Out | 2017/18 Session
The management of the University of Nigeria, Nsukka (UNN) has announced the release of the primary batch A, B, C, D, E, F and G (first, second, third, fourth, fifth, sixth and seventh batch) admission list of candidates offered admission into the postgraduate programmes of the institution for the 2017/18 Academic Session.
The list of candidates offered admission into the programme is available online.

How to Check UNN Postgraduate Admission List
To check the list of admitted candidates, click Here...>>>http://www.infomaza.com/unn-postgraduate-admission-list
Education / FUDUTSINMA Admission List | 2018/19 Session by patricklaw: 9:35pm On Oct 07, 2018
Notice to all FUDUTSINMA Post-UTME Screening candidates.

This is to bring to the notice of all candidates who took part in the admission screening exercise of the Federal University - Dutsinma that the management of the institution has announced the release of the Admission List for the 2018/19 academic session.

The admission list contains the name of all candidates who were successful in the Post-UTME screening exercise of the institution who have been offered provisional admission.

How to Check FUDUTSINMA Admission List

The list of the admitted students has been published on the institution’s official portal.

A pdf containing the list of all admitted candidates can be seen here...>>>
http://www.infomaza.com/fudutsinma-admission-list
Computers / How To Fix A Hanging Windows PC Bug | Do It Yourself by patricklaw: 9:26pm On Oct 06, 2018
Laptops or Personal Computers are our everyday companion. Just like our friends, we feel quite cool and comfy when they’re in their right senses but when they’re not, we feel frustrated. Ever pulled out your hair or gnashed your teeth or ever had a sinking feeling from the buttom of your stomach because of a hanging PC? If yes, I feel your pain and I’m going to help you fix that.

NOTE:
If a program is unresponsive, try closing it through the Task Manager. You probably already know that you can access this tool by pressing Ctrl+Alt+Del, but for a quicker route, you can also use Ctrl+Shift+Esc.

If your laptop won’t even let you do that, then it’s time for a hard reset. You can do the hard reset by holding down the power button for about 10 Sec.

Causes Of A Hanging Windows PC

Old hardware: Hard hardwares such as Hard disc, RAM can cause slow read of memory and resulting hang of laptop.
Dust, overheating and high temperature can also cause your system hang.
Virus: Virus infection is no friend to any computer.

Insufficient memory: Having several programs running on the system can also make it unresponsive especially when you have a low RAM. Once you out of RAM, you’ll find yourself running into issues, such as faltering during processor-intensive tasks, slowdowns in performance, and even full blown lockups and blue screens.

Software problems: Outdated softwares are the culprits here.

Background Services: The services that are running in the background sometime make a laptop or computer run slowly. Mostly, laptop freezes because unwanted services are running in the background.

Corrupted Windows Registry

Disk space Junks

See solutions here...>>>http://www.infomaza.com/fix-hanging-windows-pc-bug
Jobs/Vacancies / Comprehensive List Of Registered Insurance Companies In Nigeria by patricklaw: 10:46am On Oct 05, 2018
By way of definition, insurance is an agreement, characterized by policies, which an individual or entity or firm receives financial protection or compensation against losses from an insurance company.

Often, we hear about various types of insurance policies without really understanding what they are and more importantly, what they protect. The truth is, there are two main types of insurance, namely life insurance and general insurance which covers different aspects in your life.

In need of the address of insurance company for registration or job application?
If yes, below is a comprehensive list of Insurance Companies in Nigeria

Guinea Insurance Plc
Insurance Company
Lagos
01 293 4575

Niger Insurance Plc
Insurance Agency
Lagos
0803 329 5639

ANCHOR INSURANCE COMPANY LIMITED
Auto Insurance Agency
Lagos
01 342 5908

Mutual Benefits Assurance Plc.
Insurance Company
Lagos
0905 474 4444


To view the full list, visit…>>> http://www.infomaza.com/comprehensive-list-registered-insurance-companies
Business / Insurance Policies, Premium & Limits | Everything You Need To Know by patricklaw: 8:50am On Oct 05, 2018
What Is Insurance?
By way of definition, insurance is an agreement, characterized by policies, which an individual or entity or firm receives financial protection or compensation against losses from an insurance company.

Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to guard against the risk of a unforeseen or uncertain loss.

The company pools clients' risks to make payments more affordable for the insured.

There’s always a risk attached to most of the things we do in our daily lives – a risk that something may go skewed. As far as risk goes, most people, entity or firm view insurance as their first line of defense.
Insurance is an appropriate risk prevention tool.
An entity which provides insurance is known as an insurer insurance company, insurance carrier, or underwriter. The person, entity or firm who buys insurance is known as an insured or as a policyholder.

Insurance transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may be financial or otherwise, but it must be reducible to financial terms, and usually involves something in which the insured has an insurable interest established by ownership, possession, or preexisting relationship.

What Is Insurance Policy?
The policy holder receives a contract, called the insurance policy, which details the conditions and circumstances under which the insurer will compensate the insured.

When choosing a policy, it is important to understand how insurance works. Three important components of insurance policies are the premium, policy limit, and deductible. A firms’ understanding of these concepts goes a long way in helping you choose the policy that best suits your needs

What is Premium
Premium is the amount of money charged by the insurer to the policy holder for the coverage set forth in the insurance.
A policy's premium is its price, typically expressed as a monthly cost. The premium is determined by the insurer based on your or your business's risk profile, which may include creditworthiness.

See details here…>>> http://www.infomaza.com/insurance-policies-premium-limits-everything-need-know

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