THE FUNCTIONS OF THE INSURANCE OPERATION

Ioana-Nely MILITARU
July 2024
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Abstract
Insurance, through its valences, of an economic, technical and legal nature, also fulfills socio-economic functions to which is added the protection of people and goods against various risks. These materialize in the following functions: compensation of damages caused to the insured, prevention of damages, of a financial nature, as a result of the establishment of the insurance fund, of distribution in the process of distributing the annual profit, of control, of saving, of supporting the state.
Keywords
insurance insurance fund damage compensation of damages risks insured insurer.
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About the Authors
Ioana-Nely MILITARU
Assoc. Ph.D., Faculty of Law from the Academy of Economic Studies in Bucharest (Romania)
ioananelimilitaru@yahoo.com