Business Studies, asked by itemohengnthabiseng, 2 months ago

advise businesses on any five advantages of insurance.

Answers

Answered by ItzURHailey

0

Here is ur Answer ⤵️

The following are the advantages of insurance:

Providing Security: ADVERTISEMENTS: ...

Spreading of Risk: The basic principle of insurance is to spread risk among a large number of people.

Source for Collecting Funds:

ADVERTISEMENTS:

Encourage Savings:

Encourage International Trade:

Hope it helps you ✔

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