The basic purpose of insurance is to provide

Social Studies

2 answers:

Anit [1.1K]2 years ago

5 0

Answer:

money

Explanation:

cupoosta [38]2 years ago

4 0

Answer:

Its aim is to reduce financial uncertainty and make accidental loss manageable. It does this substituting payment of a small, known fee—an insurance premium—to a professional insurer in exchange for the assumption of the risk a large loss, and a promise to pay in the event of such a loss

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