2022 JUL 20 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- A patent application by the inventor Naqvi, Hyder (Irving, TX, US), filed on
This patent application has not been assigned to a company or institution.
The following quote was obtained by the news editors from the background information supplied by the inventors: “Insurance is a practice or arrangement by which an entity (i.e., the insurer) provides a guarantee of compensation to another (i.e., the insured) for a specified loss, damage, illness, death, or other risk in return for payment of a premium. Types of insurance include personal automobile insurance, commercial automobile insurance, liability insurance, commercial liability insurance, professional liability insurance, property insurance, health insurance, flood insurance, life insurance, mortgage insurance, workers’ compensation insurance, agricultural insurance, and so on. Insurance policies may specify the risk that is covered, the...
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