Question

Explain in detail the scope of insurance.

Answer 1

Explanation:

Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter.

Answer 2

it may be scope or whatever but it also may be fear of damage to remove it people damae the insurance is done !