Explain the importance of insurance.
DSERT Class 10 Business Studies Ch. 2 Insurance
Answers
Answered by
5
Importance:
1. Reduces effect of loss
2. It provides funds to meet individual losses.
3. It provides security.
4. Leads to economic growth of country.
5. develops the habit of savings.
1. Reduces effect of loss
2. It provides funds to meet individual losses.
3. It provides security.
4. Leads to economic growth of country.
5. develops the habit of savings.
Similar questions