Question

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Answer 1

Answer:

Buying insurance is important as it ensures that you are financially secure to face any type of problem in life, and this is why insurance is a very important part of financial planning. A general insurance company offers insurance policies to secure health, travel, motor vehicle, and home.

Explanation:

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Answer 2

Answer:

Insurance is a contract represented by s policy in which an individual or entity receives financial protection or reimbursement against losses from an insurance company the company pools client's risks to make payments more affordable for the insured

Explanation:

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