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The indemnity present with good to individuals and organisations in many ways Some of the good are discussed below The obvious benefit of indemnity is the payment of losses Manages cash flow uncertainty when paying capacity at the time of losses is reduced significantly
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Introduction to insurance Definition of insuranceInsurance definition in simplified English can be defined as a legal agreement between two parties probably an individual and a company or a set of people and a company In other term indemnity is a contract that is governed by a policy that allows an individual or an organization to receive or obtain financial protection or reinforcement
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Insurance Definition Types Benefits Features India Turtlemint
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General insurance products cover financial losses caused by various risks other than death General insurance products come in various types covering a wide
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Wednesday, November 3, 2021