Economy, asked by manima0208, 2 months ago

explain the meaning and objectives of incrurance

Answers

Answered by Aayushi202122

1

Answer:

The objective of insurance is to financially guard against unpredictable life occurrences. In short, when you buy an insurance policy, you make monthly payments, called premiums, to purchase protection from monetary repercussions related to things like accidents, illness or even death.

Answered by ItszBrainlyQueen

4

The objective of insurance is to financially guard against unpredictable life occurrences. In short, when you buy an insurance policy, you make monthly payments, called premiums, to purchase protection from monetary repercussions related to things like accidents, illness or even death.

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