Meaning of Insurance: How It Works and Its Benefits

Meaning Insurance is a form of risk management whereby two parties sign a legal agreement to cover unforeseen financial losses that a party (insured) may incur and the insurer i.e the insurance company agrees to compensate the insured in the event of a certain loss, injury or damage. In the United States, Germany, and the […]

The post Meaning of Insurance: How It Works and Its Benefits first appeared on and is written by Opeyemi Quadri