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kenny6666 [7]
3 years ago
15

The purpose of insurance is to:

Mathematics
1 answer:
FrozenT [24]3 years ago
7 0

Step-by-step explanation:

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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