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Insurance is a method of sharing the losses of a ‘few’ by ‘many’ Insurance is a method of transferring the risk ...Read more

  1. Insurance is a method of sharing the losses of a ‘few’ by ‘many’
  2. Insurance is a method of transferring the risk of an individual to another individual
  3. Insurance is a method of sharing the losses of a ‘many’ by a ‘few’
  4. Insurance is a method of transferring the gains of a few to the many
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