Introduction To Insurance:
Insurance is a contract between two entities whereby one entity is called an insurer and the other is called an insured. In other words, an Insurance contract is represented as a policy. Insurance mainly provides financial protection or reimbursement against losses to an individual or entity. Her Insured usually received a contract called an Insurance policy.
Insurance protects the insured from financial losses. While insurance is being filled, the amount of money charged by the insurer for the particular coverage is called the premium.
If the insured experiences any loss which is covered in their […]
