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Give two advantages of insurance. - Economics

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प्रश्न

Give two advantages of insurance.

लघु उत्तरीय
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उत्तर

  1. Life insurance helps protect the family in case someone dies too soon.
  2. It protects your finances in old age when you can’t work as much. 
  3. Even though it’s an investment, life insurance is also a way to protect your family. You get a certain amount of money back either when the policy matures or when you die.
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अध्याय 9: Tertiary Sector - QUESTIONS [पृष्ठ १४७]

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जे. पी. गोयल और कौशल गोयल Economics [English] Class 9 ICSE
अध्याय 9 Tertiary Sector
QUESTIONS | Q 5. | पृष्ठ १४७
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