okay, This blog begins with understanding insurance
Insurance is a form of risk control, by way of transfer / transfer of risk from the first party to the other party, in this case, to the insurer. Transfer is based on legal rules and principles that apply universally, adopted by the first party and other parties.
Insurance also is a system to lower the risk of financial loss by channeling loss of a person or entity to another .
every person has insurance
learning this blog and you will be interested in the insurance