Business Studies, asked by AnkitaMazumdar, 4 months ago

objective and purpose of insurance pls tell fast

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Answered by harsh9168

30

Answer:

The main objective of every insurance contract is to give financial security and protection to the insured from any future uncertainties

Explanation:

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Answered by anuradhadevi2021

2

Answer:

The objective of insurance is to financially guard against unpredictable life occurrences. In short, when you buy an insurance policy, you make monthly payments, called premiums, to purchase protection from monetary repercussions related to things like accidents, illness or even death.

Explanation:

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