Creating a savings account with your premiums to pay

Reference no: EM133610267

Question: Insurance works by All of the above are accurate Pooling together everyone with a loss to help to pay each other's losses. Pooling together premiums paid by a large number of individuals with a potential risk to make payments to those with actual losses Creating a savings account with your premiums to pay your losses

Reference no: EM133610267

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Creating a savings account with your premiums to pay : Pooling together premiums paid by a large number of individuals with a potential risk to make payments to those with actual losses Creating a savings account

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