Business Studies, asked by tejasrogye370, 6 months ago

explanation of insurance in buisness

Answers

Answered by mohanrajendra23

i will tell listen carefully

Explanation:

insurence is a means of protection from finantial 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 insurer,insurence company, insurence carrier or under writer

Answered by rgarg4955

Answer:

Definition: Protection against loss for which you pay a certain sum periodically in exchange for a guarantee that you'll be compensated under stipulated conditions for any specified loss by fire, accident, death, etc. Let's face it: Starting and running any type of business has risks.

Explanation:

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