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Easy definition of insurance

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Easy definition of insurance

    • Posted by Mayank Chouhan 8 years, 2 months ago

    CBSE > Class 11 > Business Studies
    • 2 answers

    Sachin Sheoran 8 years, 2 months ago

    In the insurance the risk of one person is transfer to many.

    0Thank You

    Amar Kumar 8 years, 2 months ago

    Insurance is defined as a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.

    1Thank You

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