Question

Insurance is not a donation."" Do you agree with this statement?

Answer 1

Explanation:

Yes, I agree with the statement that insurance is not a donation

Because :-

Insurance is a contract between insurer and insured in which insurer agrees to make good the loss of insured on happening of an event in consideration of a regular payment ( premium ).

And

Donation is given to a person or an organization such as a charity, in order to help people or animals in need by not expecting anything in return for the contribution.

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