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What are the impotance of insurance?

Updated: 8/21/2019
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9y ago

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In this era of uncertainty, death is an inevitability where life insurance can play a pivotal role in alleviating sufferings and wiping tears of widows. Similiarly in general insurance, in this age of skyrocketting medical costs, health insurance is the panacea to the common people to tide over the helpless situation. aslo, fire & burglary policy helps traders to overcome acts of God. Marine policy helps both importers and exporters to rejuvenate their business in case of any loss of cargo by the natural calamity.

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