Question

what is meant by insurance.?​

Answer 1

Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. The company pools clients' risks to make payments more affordable for the insured.

$\\ \\ \\ \\ \sf \colorbox{gold} {\red(ANSWER ᵇʸ ⁿᵃʷᵃᵇ⁰⁰⁰⁸}$