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Home > Videos > Insurance Policy - Why it is Required | Money Doctor Show Telugu | EP 217

Insurance Policy - Why it is Required | Money Doctor Show Telugu | EP 217

Insurance Policy - Why it is Required? (Telugu) 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. The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insurer will compensate the insured. The amount of money charged by the insurer to the insured for the coverage set forth in the insurance policy is called the premium.

 
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