ragan1602 ragan1602
  • 24-03-2020
  • Business
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what is the purpose of insurance

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kcannickjr
kcannickjr kcannickjr
  • 24-03-2020

Answer:

Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter.

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