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Essay

How Insurance Company to Encounter the Economic Downturn in Hong Kong

Essay specific features

 

Issue:

Business

 

Written by:

Elizabeth C

 

Date added:

November 28, 2014

 

Level:

University

 

Grade:

B

 

No of pages / words:

3 / 774

 

Was viewed:

3335 times

 

Rating of current essay:

 
Essay content:

In the other words, insurances cannot or are not supposed to give the policy owner the short-term benefits. Moreover, for many families burdened with mortgages, tuition payments, and increasing expenses, having one or both salary earners lose their jobs is a very traumatic event. Even for young people just graduating from school, a high unemployment rate means that it will be harder for them to find the job that they want at the pay that they desire...
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Even for young people just graduating from school, a high unemployment rate means that it will be harder for them to find the job that they want at the pay that they desire. It a fact that the monthly premium payment could become the burden for someone unemployed or with considerate pay-cut. With these regards, it is valuable to evaluate how the insurance industry can survive and even grow in such a situation...
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