Comprehensive Guide to Farmers Life Insurance 2024
October 10, 2024 ⚊ 1 Min read ⚊ Views 15 ⚊ BLOGInsurance is a risk management tool where an individual or entity (the insured) transfers the financial burden of potential losses to an insurance company (the insurer) in exchange for regular premium payments. The insured must file a claim when a covered event occurs, and the insurer evaluates the claim before providing compensation according to the policy’s terms and limits.
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Tags: Life Insurance