The main aim of insurance is not merely safeguarding the losses; it is also decreasing the uncertain and probable risk. Normally, the aims of insurance can be distinguished into two sides based on insured and insurer parties.
a. The aims of insured party:
1) To avoid the probable wider loss,
2) To get the indemnity from insurance company when the harm disaster is happening,
3) To shift the probable risk on to shoulder of other,
4) To decrease the suffered probable loss.
b. The aims of insurer party (Insurance Company)
1) To give the safeguard toward the probable loss which suffered the insured,
2) To give the support to the more advance direction of the economic development,
3) To lose the entrepreneurs’ doubts in their trade,
4) To ensure the investment,
5) To get the profit as the service repayment .
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