Insurance Near Lowell Massachusetts

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  • Provencher Francis E Insurance Agency

    Francis E. Provencher Insurance has been locally owned and operated by Frank Provencher for over 35 Years! We are a well established agency providing service for all lines of insurance to many...

    Lowell (MA) - - Phone: (978) 459-8681
    Business Listing
  • Sharlene Wulleman: Allstate Insurance

    We were one of the first Allstate agents to open in Massachusetts. Our team takes a hands on approach to make insurance easy for customers.

    Lowell (MA) - - Phone: (978) 455-4556
    Business Listing

 


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Category: Insurance

Insurance is available in Lowell. Insurance is defined as risk management by providing a contingency fund against unexpected losses. The individual (or group, or company) transfers to risk to the insurance company in lieu of payment. The entity buying the insurance from the insurer is known as the policyholder. The charge for risk transfer is known as the premium. The policyholder is imdemnified or compensated in case of loss. Risk appraisal, control and management is a separate, independent field of study. Insurance can be taken against a number of risks, such as life, health, property such as the house or the car, unemployment and others. The premium is fixed, based on the associated risk factors. Lowell has one or more players in the insurance field, such as Allied Insurance, American Family Insurance, AIG, Guardian Life Insurance Company of America, Nationwide Mutual Insurance Company, New York Life Insurance Company, Reliance Insurance Company and many more. Each has its own bouquet of insurance offerings.