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The insurance was a system to humiliate lost financial by distributing the risk of losing from someone or the body to other.. The insurance in regulations of No.2 Th 1992 about insurance efforts to be the agreement between two sides or more, and which one of the guarantor's side tied itself to was borne, by accepting the insurance premium, to give the replacement to was borne because of the loss, damage or lost the profit that was hoped for or responsibility of the side's law to three that possibly will be suffered was borne, that emerged from an incident that might not, or gave a payment that were based upper died or his life someone that dipertanggungkan. The body that distributed the risk was mentioned was "borne", and the body that accepted the risk was acknowledged as the "guarantor". The agreement was between the two bodies acknowledged as the policy: this was a legal contract that explained each term and the condition that was protected. The cost that was paid by "tetanggung" to the "guarantor" for the risk that was borne was acknowledged as the "premium". This is usually determined by the "guarantor" for the fund that could be claimed in the future,

For example, a couple bought the house costing Rp. 100 million. Knew that losing their house will bring them to financial destruction, they took the protection of the insurance in the form of the policy of ownership of the house. This policy will pay the replacement or the improvement of their house when the disaster happening. The insurance company about them the premium as big as Rp1 million per the year. The risk of losing the house was distributed from the owner of the house to the insurance company. The guarantor used the actuary's knowledge to count the risk that was estimated by them. The actuary's knowledge used mathematics, especially statistika and the probability, that could be used to protect the risk of estimating the claim in afterwards the day with the accuracy that could be relied on. For example, many people bought the policy of the ownership insurance of the house and afterwards they paid the premium to the insurance company. When losing that was protected happened, the guarantor must pay the claim. For several was borne, the insurance profit that they received far more bigger from money that they paid to the guarantor. Other possibly did not make the claim. If dirata-levelled from all over the policy..

The insurance company also got the investment profit. This was received from premium investment that was accepted until they must pay the claim. This money was mentioned "float". The guarantor could get the profit or the loss from the price of the change float but also the interest or deviden in float. In the United States, lost property and the death that were recorded by the insurance company was US$142,3 billion in time five years that ended in 2003. But the total profit in the same period was US$68,4 billion, as results of float. Several people regarded the insurance as a form of the bet that was valid for the period of the policy. The insurance company betted that property of the buyer will not be lost when the buyer paid his money.