what would you know about Insurance?

Question

Accepted Answer

Insurance is a contract between an individual and an insurance company, providing financial protection against potential losses.

Insurance is a risk management tool that helps individuals and businesses protect themselves against potential financial losses.
It involves paying a premium to an insurance company in exchange for coverage and benefits.
Insurance can cover various aspects such as life, health, property, auto, and liability.
It provides financial security and peace of mind by transferring the risk of potential losses to the insurance company.
Insurance policies have terms, conditions, and exclusions that define the scope of coverage and claim procedures.
Examples of insurance companies include State Farm, Allstate, and Aetna.

Accepted Answer

Insurance is a contract between insurer and insuree and it is one of best instrument that every individual must have which allows us tranfer risk to the group of people and it is started at loyyd co...

Accepted Answer

Insurance is a contract between insurer and insuree 
and it is one of best instrument that every individual must have which allows us tranfer risk to the group of people

and it is started at loyyd coffee house at london for ships gradually it become protection for lives financially

types of insurance 
*General Insurance
*Life Insurance
*Marine Insurance etc..

what would you know about Insurance?

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