Environmental Sciences, asked by abishek97, 1 year ago

anyone answer me ..what are the important features of insurance????

Answers

Answered by prabhat0308
1
The most important feature of every insurance plan is the co-operation of a large number of persons who, in effect, agree to share the financial loss arising due to a particular risk which is insured. ... So, by insuring or underwriting a large number of persons, he is able to pay the amount of loss.

abishek97: please give me above seven or ten points..
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