FAQs: Basics of Insurance

FCS Deepak Pratap Singh , Last updated: 23 August 2023  
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1. Define insurance Ans. Insurance can be defined both from an economic perspective and from a legal perspective. From an ECONOMIC PERSPECTIVE, insurance is a financial intermediation function by which individuals exposed to a specific financial contingency each contribute to a pool from which

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Published by

FCS Deepak Pratap Singh
(Associate Vice President - Secretarial & Compliance (SBI General Insurance Co. Ltd.))
Category Corporate Law   Report

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