Business Studies, asked by manoharmanu8611, 11 months ago

what is the features of insurance?

Answers

Answered by SiyapaQueeen

Hey mate...

Insurance (excluding life insurance which tends to pay after certain period of time) is not an investment rather it is a hedge against the future probable losses. It gives you the comfort that in the event of any loss from unforeseen events will be compensated by the insurance companies.

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