The insurance is based on the principle of mutualism, whereby it is possible to estimate that a group of insured persons, when exposed to the same risks, will produce a certain number of events (the claims), calculated in statistical terms and covered by the policy.Its conditions are defined by a contract formalized in a document (the policy), which aims to guarantee protection to a person (the insured) when he is exposed to certain uncertain events (the risk).
Such protection is acquired through the advance payment of an amount (the premium) to the insurer, who undertakes to indemnify the insured in the event of an accident, in accordance with the conditions stipulated in the policy.