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Why do you think insurance business is getting Popular in the
modern time? Explain.​


Sagot :

Answer:

Today, insurance business is becoming popular in all sectors of the economy. This is so because insurance allows you to avoid the risk that all investment entails, minimizing the chances of a negative result through external coverage, which is provided by the insurance company.

In turn, insurance companies are constituted as large capital managers, given the enormous number of members they have, who pay periodic monthly installments to obtain coverage.