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Home > Videos > Insurance - What Types of Insurance Do You Need? | Money Doctor Show CNN NEWS18

Insurance - What Types of Insurance Do You Need? | Money Doctor Show CNN NEWS18

What is Insurance?

 

Insurance is an agreement by which the insurer agrees to provide a guaranteed amount (sum assured) for a specified loss, damage, illness or death, provided the insured pays a specified amount called premium each month. Insurance is risk protection. An entity that provides insurance is known as an insurer and the policyholder is known as the Insured.

 
 

 
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