Title: What is Insurance?
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What is Insurance?
Written By Blog Pr 3 on Tuesday, January 1, 2013 | 10:44 AM
For most people, insurance is the most practical method to handle the large risks. Insurance is an option that many people use to reduce the risk of harm to the individual, family, or a business / company. General insurance we usually encounter in society stratified by coverage characteristics: pooling loss, unexpected loss payments, risk transfer and indemnification.
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