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Outline four differences between insurance and assurance

Outline four differences between insurance and assurance

Answers

Davis
i) To minimize cost of doing business
ii) To open new areas/hitherto neglected by investors (local foreign)
iii) To expand the tax base and hence increase revenue
iv) To enhance economic development in the country
v) To promote public/private sector relationship
vi) To create employment opportunities
vii) To increase the level of National/increase product
vii) To avail a variety of goods and services
Githiari answered the question on September 23, 2017 at 09:37

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