Business Studies, asked by paulshivam662, 8 months ago

insurance does not remove risk but it compensates for the loss resulting from the risk . justi

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Answered by nawazkhan69444

Explanation:

Insurance refers to a protection against the risk of loss & uncertainties. ... Similarly, Insurance does not remove risk, but it compensates for the loss resulting from the risk.

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insurance does not remove risk but it compensates for the loss resulting from the risk . justi​

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insurance does not remove risk but it compensates for the loss resulting from the risk . justi