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Insurance is a legal agreement between two parties i.e. the insurance company (insurer) and the individual (insured). In this, the insurance company promises to make good the losses of the insured on happening of the insured contingency. The contingency is the uncertain event which causes a loss. The insured pays a premium in return for the promise made by the insurer.
Buying your first car is an exciting milestone in any young professional’s life. While a brand-new car may be tempting, opting for a second-hand vehicle can be a more affordable and practical ch...
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