insurance companies accumulate large sums of money from the premiums paid by their policyholders. While part of this money is held in reserve to satisfy claims and cover operating expenses, much of it is free to be invested in profit-earning enterprises, such as long term real estate loans. Although insurance companies are considered primary lenders, they tend to invest their money in large, long-term loans that finance commercial and industrial properties rather than single-family home mortgages.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). insurance companies. Retrieved October 1, 2026, from http://smartdefine.org/insurance_companies/definitions/1156176 |
| Chicago | Barry Goldsmith. 2010. "insurance companies" http://smartdefine.org/insurance_companies/definitions/1156176 (accessed October 1, 2026). |
| Harvard | Barry Goldsmith 2010, insurance companies, Smart Define, viewed 1 October, 2026, <http://smartdefine.org/insurance_companies/definitions/1156176>. |
| MLA | Barry Goldsmith. "insurance companies" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/insurance_companies/definitions/1156176> |