Vishal Vishwakarma
Insurance is a financial agreement between an individual or a business and an insurance company. The insurance company agrees to provide financial protection and compensation for certain types of losses, damages, or liabilities in exchange for regular payments, known as premiums.
Insurance policies can cover a wide range of risks, including accidents, theft, fire, natural disasters, illness, and death. When an insured event occurs, the policyholder can file a claim with the insurance company to receive financial reimbursement or compensation for the covered losses or damages.
Insurance plays a crucial role in managing risk and protecting individuals and businesses from financial losses that could otherwise be devastating.
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