Podcast
Questions and Answers
What is insurance?
What is insurance?
Insurance is a contract in which an individual or entity pays an insurance company in exchange for financial protection or reimbursement of losses resulting from a covered event.
Why is insurance important?
Why is insurance important?
Insurance is important because it provides protection and financial reimbursement for unexpected losses or damages.
What is a policy in insurance?
What is a policy in insurance?
A policy is a contract in which an individual or entity pays a premium in return for financial protection and reimbursement of damages from an insurance company.
Why do individuals and entities pay premiums to insurance companies?
Why do individuals and entities pay premiums to insurance companies?
What is the purpose of insurance?
What is the purpose of insurance?
______ is full of surprises
______ is full of surprises
There is no ______ or certainties in life
There is no ______ or certainties in life
Assurance is not there that a business will not suffer an unexpected ______ or damages
Assurance is not there that a business will not suffer an unexpected ______ or damages
No matter how ______ it is
No matter how ______ it is
Even with an individual’s daily life, no matter how ______ we are
Even with an individual’s daily life, no matter how ______ we are
Flashcards are hidden until you start studying
