The value of the premiums the company takes in is higher than the value of the payouts it makes.
The insurance company always has a collection of premium. They will pool these premiums and invest it to other investments that have guaranteed payouts with the highest interest earned. In the event of payout, all revenue earned net of the amount paid is the profit of the insurance company.
It means something new or original, and can even be something unusual. Hope this helps
Greetings!
There are numerous examples for this question:
One example could be...
When you spend hours studying for a test, in order to obtain a high mark.
Hope this helps.
-Benjamin
The sky describes the feeling of freedom
