Insurance is a contractual agreement between an individual or an entity (the insured) and an insurance company (the insurer). T...
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What is the type of insurance?
There are several types of insurance available to individuals and businesses, each designed to address specific risks and provide financial ...
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What is risk in Insurance?
In insurance, risk refers to the probability or likelihood of an event occurring that may result in a financial loss or damage. It is the fu...
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What are the elements of insurance?
The elements of insurance typically include the following components: 1. Insurable Interest: Insurable interest refers to the le...
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What is nature and scope of insurance?
The nature and scope of insurance refer to the fundamental characteristics and extent of the insurance industry. Let's explore each of t...
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What is Insurance nature and scope?
The nature and scope of insurance refer to the fundamental characteristics and extent of the insurance industry. Let's explore the natur...
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