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In order for there to be a difference, there must be two nouns and a conjunction. I assume the question thus refers to mutual fund and insurance. They are completely different, the best way to describe the difference is simply by stating their definitions. A mutual fund is a fund to invest for several people to pool their resources. Insurance is a contract in which the client pays a given amount for a contingent payment in the future should a given event occur.

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Q: What is the difference between mutul fund with insurance?
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