Purpose of Insurance The purpose of insurance isn’t a maintenance plan or to fund home improvements. The purpose of insurance is to provide a security, so that when a disaster occurs, natural or otherwise, your financial loss can be minimized. The industry was created to protect individuals from devastating losses. While no accident can be completely fixed, insurance companies strive
It is not possible to avoid any unpredicted events occurring in life, but there is a specific option to have some financial aid to overcome the situation. Insurance is the solution for providing financial security for you and your family in case of any mishaps. There are diverse types of insurance which makes it essential to have the best kind