What is insurance?  Definition  :  Insurance is a risk management technique. IT transfers large uncertain risk to a pool by choosing to be a certain price call premium, in the insurance company does insurance policy and offers  coverage in short the policyholder the person or entity binding shops policy premium payable to cover a rest then the sum assured among the factor the amount of money. Policyholders get in case the grid is the sum assured. Where is this covered by insurance company took a…Continue Reading “What is insurance?”