Business Studies, asked by vaibhavraj371, 11 months ago

write about insurance​

Answers

Answered by bainsjashan
3

Answer:

Insurance is a contract (policy) in which an insurer indemnifies another against losses from specific contingencies and/or perils. There many types of insurance policies. Life, health, homeowners, and auto are the most common forms of insurance.

Answered by prachi6133
6

hey mate..

this is your ans ,

Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. ... The amount of money charged by the insurer to the policyholder for the coverage set forth in the insurance policy is called the premium...

i hope it helps...

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