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What do you mean by Insurance?

o One of the main characteristics of business is risk and uncertainty.

The traders or business organization has to sort out the risks and uncertainties with the help of insurance.

You can do business with maximum security to protect your business.

It can therefore be said that insurance is a type of relationship and the insurance company pays a certain premium for the compensation arranged due to adverse events and conditions.

So from the above discussion it seems that people are trying to protect their lives and arrange work which is basically called insurance.

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