- Insurance - Wikipedia
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss
- What Is Insurance? - Investopedia
Insurance is purchased to provide financial protection or reimbursement against losses resulting from accidents, injury, or property damage An insurance company pools clients’ risks to make
- Insurance | Definition, History, Types, Companies, Facts | Britannica . . .
insurance, a system under which the insurer, for a consideration usually agreed upon in advance, promises to reimburse the insured or to render services to the insured in the event that certain accidental occurrences result in losses during a given period It thus is a method of coping with risk
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- What is insurance and why it matters - Generali Group
Insurance is a financial tool designed to manage uncertainty and protect against potential risks It works by pooling resources from individuals with similar risk profiles to provide compensation in case of loss or damage
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