Business Studies, asked by mtaj5499, 19 days ago

what is an insurance​

Answers

Answered by newblessystores
1

Answer:

Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss

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Answered by ananyajh2007
3

Answer:

Insurance is a term in law and economics. It is something people buy to protect themselves from losing money. ... In exchange for this, if something bad happens to the person or thing that is insured, the company that sold the insurance will pay the money back.

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