Insurance Insurance means protection from risk. If an insurance company insures a person, then the insurance company will compensate the financial loss caused to that person. We don't know what will happened tommorow,so we try to cover the possible loss in future through an insurance policy. On taking health insurance, the insurance company will cover the cost of treatment in case of illness. Generally insurance are two types. General insurance Life insurance General insurance General insurance include all other than life insurance such as motor, animals , home , shop insurance , health insurance, travel insurance, crop insurance, business liability insurance etc. Crop insurance in this insurance insurance company give the compensation to the former in case any type of damage to the crop. Under the crop insurance, insurance company give the compensation in the case of crop failure due to fire,flood or due to a...
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