Question

write about insurance​

Answer 1

answer :-

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insurance is a means of protection from financial loss. it is form of risk management primarily used to hedge against the risk of a contingent or uncertain loss . an entity which provide insurance is know as a insurer , insurance company, insurance carrier or underwriter . a person or entity who buys insurance is known as an insured or as policyholders . the insurance transiction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer's promise to compensate to insured in the event of a covered loss ...........

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