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What Is Insurance? - Investopedia Insurance is a legal contract in which an insurer (insurance company) indemnifies another against covered losses from specific contingencies and or perils
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