Business Studies, asked by krsanjeev365, 10 months ago

Define the term ‘Insurance’.

Answers

Answered by Varniktyagi13
0

Hope this answer help you and also it make me brainlist

Term insurance plan is a form of life cover, it provides coverage for defined period of time, and if the insured expires during the term of the policy then death benefit is payable to nominee. Term plans are specifically designed to secure your family needs in case of death or uncertaint

Answered by Anonymous
30

Explanation:

insurance is an agreement or contract between the insurer(insurance company) agrees to pay to insured( the policy holder) during the loss. hope so it had helped u. PLZ MARK AS BRAINLEST.

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