What are the features of Insurance?
2 answers:
•Sharing of Risk
•Payment at Contingency. ...
•Payment of Fortuitous Losses. ...
•Amount of Payment. ...
•A large Number of Insured Persons.
1.sharing of risk
2. Co operative devise
3. Value of risk
4. Payment at congentincey
5. Payment of fortuitous losses
6. Amount of payment
7. A large number of insured persons
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