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What is insurance and why is it important?

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What is insurance and why is it important?

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What is insurance and why it is important?

Why insurance is important in our life?

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Correct answer is: Insurance is a financial safety net, helping you and your loved ones recover after something bad happens — such as a fire, theft, lawsuit or car accident. When you purchase insurance, you'll receive an insurance policy, which is a legal contract between you and your insurance provider.

The title of my answer can be What is Insurance and Why is it Important?

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