Insurance is a system, business, or actions that are used to protect against financial loss (soul, property, health and others), due to a variety of unexpected events/risks (death, illness, loss, damage, and others). Party insurer will pay to the insured risk, the insured party and the obligation to pay the premium on a regular basis within a certain period in Exchange for a guarantee of the protection policy.The term Insured refers to everything that is protection.
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