Insurance: Definition, How It Works, and Main Types of Policies
https://www.investopedia.com/terms/i/insurance.asp
What Is Insurance?How Insurance Works Insurance is a contract, represented by a policy, in which a policyholder receives financial protection or reimbursement against losses from an insurance company. The company pools clients’ risksto make payments more affordable for the insured. Most people have some insurance: for their car, their house, their healthcare, or their life. Insurance p...
Insurance is a contract, represented by a policy, in which a policyholder receives financial protection or reimbursement against losses from an insurance company. The company pools clients’ risksto make payments more affordable for the insured. Most people have some insurance: for their car, their house, their healthcare, or their life. Insurance p...
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