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Today Pad - All about insurance and life
Today Pad - All about insurance and life Monday, February', 2013 What is Insurance? ( 2 ) What Is Insurance? Insurance is a form of risk management in which the insured transfers the cost of potential loss to another entity in exchange for monetary compensation known as the premium. Introduction In one form or another, we all own insurance. Whether it's auto, medical, liability, disability or life, insurance serves as an excellent risk-management and wealth-preservation tool. Having the