toufiqlakhani says
The purpose of the insurance is to protect the insured against financial loss on happing of an insured event. here it is worthwhile to note that insurance is not for making any profits and only for protecting against financial losses in the case of mis fortunate event.
74A Primer on Insurance
If you ever wondered how insurance started, what it is for, and how it works in modern times, this article is for you. It explains the basics of insurance terminology and concepts in simple language that anyone can understand. keep reading →
81What is the purpose of Insurance?
Purpose of Insurance is to protect against future risk which is mostly accidental in nature and an unexpected calamity or incident. Insurance is broadly divided into two major categories. Life and Non... keep reading →
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