insurance

Egerton

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hi guys,,,
Many almost all the people came to listen the word of insurance each day but what it actually means?
Insurance is basically a form of risk management.It is primarily used to hedge against the risk of a contingent, uncertain loss.
 
Insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment.
 
I t has become essential for every business to Insure their assets against different risks. Risk management has become the integral part of every business and insurance in the main tool to minimize the risk.
 
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