Skip to main content
Global Edition
Saturday, May 4, 2024

Insurance

Equitable transfer of the risk of a loss, from one entity to another in exchange for payment


Insurance
Insurance

Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss.

0 shares 1 views

News coverage

You might like