Monday, 25 December 2017

Insurance is a contract,

Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. The company pools clients' risks to make payments more affordable for the insured.

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Insurance is a means

Insurance is a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contin...