Business Studies, asked by Anonymous, 11 months ago

difference between Assurance and insurance . don't spam

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Answered by pk515494
0

Answer:

Insurance provides financial coverage for unforeseen circumstances surrounding an event, such as fire, theft, or flooding.

Assurance provides coverage for events that will occur, such as death. ... A life assurance policy will always result in a payment being made because the investment is combined with the sum insured.

Answered by thanushree2005
1

Answer:

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