What is insurance?define its types
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Insurance is a contract (policy) in which an insurer indemnifies another against losses from specific contingencies or perils. There many types of insurance policies. Life, health, homeowners, and auto are the most common forms of insurance.
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Answer:
Insurance is a contract (policy) in
Which an insurer in demnifies another
Against losses from specific contingencies or. Perils
Types of insurance
Policies, life, health, homeowners and
Auto
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