FinancePurpose and Mechanism of InsuranceKuch BhiFebruary 7, 2009February 14, 2023 by Kuch BhiFebruary 7, 2009February 14, 202302875Assets are insured, because they are likely to be destroyed or made non-functional before the expected lifetime, through accidental occurrences. Such possible occurrences are called...
FinanceWhat is Insurance?Kuch BhiFebruary 6, 2009February 14, 2023 by Kuch BhiFebruary 6, 2009February 14, 202303135The business of insurance is related to the protection of the economic values of assets. Every asset has a value. The asset would have been...