Business Studies, asked by jambudi, 8 months ago

what is insurance policy​

Answers

Answered by Anonymous
20

In insurance, the insurance policy is a contract between the insurer and the insured, known as the policyholder, which determines the claims which the insurer is legally required to pay

Most experts agree that life, health, long-term disability, and auto insurance are the four types of insurance you must have.

Insurance is available to help you pay for damage to your property or to pay others on your behalf when you injure someone or damage their property. Insurance is a contract that transfers the risk of financial loss from an individual or business to an insurance company.

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Answered by vasanthipoojarti
6

Answer:

insurance policy is contract between the insurer and the insured, known as the policyholder, which determines the claims which the insurer is legally required to pay

Explanation:

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