Features of insurance
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Answer:
1. A large number of insured persons: To spread the damage easily and easily, a large number of individuals should be insured. ...
2. Sharing risks: ...
3. Price of Risk: ...
4. Cooperative Equipment: ...
5. Payment on contingency: ...
6. Payment of forty loss: ...
7. Amount of Payment: ...
8. Life Insurance:
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Explanation:
tye feature of insurance-
1. if anyone from your family will get accident they will pay you.
2.if you are dead then if you have insurance. they will give money to your family.
I think that it will be help u
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