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Korolek [52]
3 years ago
7

The defination of insurance

Business
2 answers:
Natasha_Volkova [10]3 years ago
6 0

Answer:

1.a practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium.

2. a thing providing protection against a possible eventuality.

I hope this helps you :)

Kryger [21]3 years ago
4 0

Answer:

an arrangement by which a company or the state undertakes to provide a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a specified premium.

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