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What is a insurance?


Asked By: Pahal Bal



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2 Answer(s) Available

Manufacturing Engineer Health Revenue Growth Logistics Jamshedpur India


Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, an insurance company, an insurance carrier or an underwriter.

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M.Sc., B. Eng. (Mech) & Minor in Technopreneurship, National University of Singapore Quality Assurance San Diego United States


Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or

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