Why is insurance known as tertiary activity?
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tertiary industry are those industry which provide services rather than producing good or article . insurance is tertiary industry as it provides us the guarantee of compensation for specified loss, damage, illness, or death in return for payment of a specified premium
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tertiary industry are those industry which provide services rather than producing good or article . insurance is tertiary industry as it provides us the guarantee of compensation for specified loss, damage, illness, or death in return for payment of a specified premium
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