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Hoochie [10]
3 years ago
14

The basic purpose of insurance is to provide

Social Studies
2 answers:
Elis [28]3 years ago
8 0
To provide protection
anygoal [31]3 years ago
3 0
The answer is protection!

Reason: Insurance is a contract in which an insurer promises to pay the insured party a sum of money if one or more specified events occur in the future, in return for regular small payments - known as premiums. The purpose of insurance is to reduce your business' exposure to the effects of particular risks.
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