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What are the benefits of insurance?

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What are the benefits of insurance?

Origin of the question is Insurance

I got this question during an interview.

Other related questions to my question are:-

What are benefits of insurance?

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Correct answer is: What are the benefits of insurance? Insurance is an important financial tool. It can help you live life with fewer worries knowing you'll receive financial assistance after a disaster or accident, helping you recover faster.

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

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