Other non-life insurance

9. All kinds of institutional units may be holders of other non-life insurance policies. Other non-life insurance includes term insurance and insurance against every risk other than death, e.g. accidents, sickness or fire. Claims are usually paid as lump sums, but may also be paid as annuities. A claim is not always paid in respect of an other non-life insurance policy. Typically the number of claimants is much smaller than the number of policy holders. For an individual policy holder there is no relationship between the premiums paid and the claims received, even in the long run.