Definition and Purpose of Insurance: A Beginner’s Guide
Main purpose of insurance is to protect you financially from life’s uncertainties. Imagine if you had to pay for every accident, — that could be devastating
Main purpose of insurance is to protect you financially from life’s uncertainties. Imagine if you had to pay for every accident, — that could be devastating
Insurance is essentially an agreement between you and an insurance company. In this agreement, you pay a fee in exchange for protection against specific risks.