Business Studies, asked by jaspindersinghbrarja, 7 months ago

state any three characterstices of insurence

Answers

Answered by tarunamalik30

1

Answer:

hope it helps...

Explanation:

Nature or Characteristics of Insurance

Contract.

Consideration.

Co-operative Device.

Protection of financial risks.

Risk sharing and risk transfer.

Based upon certain principles. ...

Regulated by Law. ...

Value of Risk.

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Answered by vvana6294

1

Answer:

contract, consideration, Cooperative device, protection of financial risk........

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