Explain about Insurance in brief
Video Credit: Rumble - Duration: 03:47s - Published
Explain about Insurance in brief
Insurance is a financial arrangement between an individual or a business, known as the policyholder, and an insurance company.
It provides protection against potential financial losses by transferring the risk to the insurer in exchange for regular premium payments.
The insurance company agrees to compensate the policyholder for covered losses or damages, subject to the terms and conditions of the insurance policy.
