INSURANCE
Insurance is an equitable transfer of the risk of a loss.
INSURER – Company selling the insurance
INSURED/POLICYHOLDER – Person who is buying the insurance.
INSURANCE RATE –The amount charged for the insurance coverage this is called premium.
There are many types of insurance
• Life Insurance
• Death insurance
• Car insurance
In Sri Lanka –
Sri Lanka insurance is the largest and strongest insurance provider in Sri Lanka
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