Question

what is the difference between Assurance and insurance??​

Answer 1

Answer:

Assurance is similar to insurance, with the terms often used interchangeably. However, insurance refers to coverage over a limited time, whereas assurance applies to persistent coverage for extended periods or until death. Assurance may also apply to validation services provided by accountants and other professionals.

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Answer 2

Answer : Insurance refers to coverage over a limited time, whereas Assurance applies to persistent coverage for extended periods or until death.

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