Reddick, Florida. Reddick is a town in Marion County, Florida, United States. As of the 2000 census, the town population was 571. As of 2004, the population recorded by the U.S. Census Bureau is 618. It is part of the Ocala Metropolitan Statistical Area.
Freight. Money paid for the transportation of goods. Freight insurance is a common coverage in marine insurance, purchased by the owners of transporting vessels.News On Freight.reight. Money paid for the transportation of goods. Freight insurance is a common coverage in marine insurance, purchased by the owners of transporting vessels. News On Freight.
An insurer, or insurance carrier, is selling the insurance; the insured, or policyholder, is the person or entity buying the insurance policy. The amount of money to be charged for a certain amount of insurance coverage is called the premium. Reinsurance is a type of insurance purchased by insurance companies or self-insured employers to protect against unexpected losses. 2  Financial reinsurance is a form of reinsurance that is primarily used for capital management rather than to transfer insurance risk.