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Term insured,insurer happening of event

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Term insured,insurer happening of event
  • 2 answers

Armandeep Singh 4 years, 9 months ago

'Insured' is one who takes insurance of his/her goods. 'Insurer' is one who promise to compesate the loss made to the insured. 'Happening of the event' is the subject matter of insurance say, insurance against fire against vehicle.

Harish Kumar 4 years, 9 months ago

Insurance
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